Pioneer Bankshares, Inc. Declares Dividend for the Fourth Quarter of 2014, Payable on December 31, 2014
December 11, 2014 at 05:24 pm EST
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The board of directors of Pioneer Bankshares Inc. declared a fourth quarter dividend at its December 11, 2014 meeting. The dividend payment declared will be paid at $0.17 per share for shareholders of record as of December 22, 2014 and will be payable on December 31, 2014. This dividend remains the same as the prior quarter and brings the total payout year-to-date to $0.68 per share.
This represents a 1.50% increase over the prior year.
Pioneer Bankshares, Inc. is the one-bank holding company of Pioneer Bank, Inc. (the Bank). The Bank is engaged in the general commercial banking business, primarily serving the counties of Page, Greene, Rockingham, and Albemarle, Virginia. The Bank offers a full range of banking and related financial services focused primarily towards serving individual consumers, small to medium size commercial businesses, and the professional community. The Bank provides individual consumers, professionals and small and medium-sized commercial businesses in its market area with responsive and technologically advanced banking services. The Bank operates a small finance company known as Valley Finance Services, a Division of Pioneer Bank, which specializes in consumer and dealer auto lending. The Bank strives to serve the banking needs of its customers while developing personal, hometown relationships. The Bank also operates a small Business Banking Center in Harrisonburg, VA.