Early in the spring of 1909, a group of local farmers and merchants organized a movement to establish a bank in the town then known as Stanleyton. Their efforts paid off and on December 3, 1909, Farmers & Merchants Bank, Inc. of Stanleyton opened for business with ten thousand dollars in capital stock.
Our independent, locally owned bank, has a long and proud history. Throughout the years, we have been blessed with dedicated Directors, hard working employees, and a loyal group of citizens that have utilized our services for over 90 years.

On February 28, 1984, Page Bankshares, Inc., the holding company for then Farmers & Merchants National Bank of Stanley, was formed. In November of 1993, we changed our charter to a state bank, and we became Farmers & Merchants Bank of Stanley. Most recently, on April 1, 1999 the name of the bank changed to Pioneer Bank and the holding company became Pioneer Bankshares, Inc.

We provide a broad range of banking activities and products. Our loan portfolio gives major emphasis to real estate, consumer, small businesses, commercial and farming interests. Local schools, volunteer service organizations, and community groups continue to receive financial support from our institution.
Pioneer Bank has locations in Stanley, Shenandoah, Luray, Harrisonburg, Stanardsville, Ruckersville, and Charlottesville. All locations are full-service banking facilities with a knowledgeable staff, ready to assist you with all of your financial needs. Pioneer Bank also owns and operates Valley Finance Service in Harrisonburg. That office is a division of Pioneer Bank that offers small dollar consumer loans.

Our goal is to remain an independent, locally owned institution large enough to serve you yet small enough to know your name. However, we must keep pace with the technological advances in the banking industry while providing quality personal services to a growing and diverse customer base. We must strive to provide new and creative products that are attuned to the ever-changing needs of our customers. Convenience, quality service, commitment, assistance, kindness and respect are the attributes our customers deserve and it is our goal to continue providing them long into the future.