Pioneer Bankshares, Inc. Declares Dividend

STANLEY, Va., Aug. 20, 2012 /PRNewswire/ -- The Board of Directors of Pioneer Bankshares, Inc. (Bulletin Board: PNBI) declared its third quarter dividend on August 20, 2012 in the amount of $0.15 per share.  This dividend will be payable on September 28, 2012 to shareholders of record on September 12, 2012.

Pioneer Bankshares, Inc. is a one bank holding company located in Page County Virginia. The Company owns and operates Pioneer Bank with six banking locations.  The main office is located in Stanley, with other branch offices located in Shenandoah, Luray, Harrisonburg, Stanardsville and Charlottesville, all in Virginia.  The Bank also has a small consumer loan finance operation known as Valley Finance Services, a Division of Pioneer Bank, which operates within the Harrisonburg branch facility.

Pioneer Bankshares stock trades under the symbol PNBI.

SOURCE Pioneer Bankshares, Inc.



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