STANLEY, Va., May 9, 2013 /PRNewswire/ -- The Board of
Directors of Pioneer Bankshares, Inc. (OTC Bulletin Board: PNBI)
declared a 2nd quarter dividend at its May 9, 2013 meeting. The dividend
payment declared will be paid at $0.17 per share for shareholders of record as of
June 13, 2013 and will be payable on
June 28, 2013. This dividend
payment represents a 13.33% increase when compared to the same
period last year and is also a 6.25% increase over the
1st quarter of 2013.
Pioneer Bankshares, Inc. is a one bank holding company located
in Virginia. The corporate office and main branch are
located in Stanley, Virginia, with
other offices located in Shenandoah, Luray, Harrisonburg, Stanardsville, Ruckersville, and Charlottesville, Virginia. The Bank also
operates a small consumer loan finance company known as Valley
Finance Services, a Division of Pioneer Bank, which specializes in
consumer and auto lending.
SOURCE Pioneer Bankshares, Inc.