ALTAVISTA, Va., July 16, 2024 (GLOBE NEWSWIRE) -- First National Bank (the “Bank”), a subsidiary of Pinnacle Bankshares Corporation, is pleased to announce it will be opening a Loan Production Office (LPO) in the Town of Halifax, Virginia, with plans of opening a full-service branch in the area.

The Bank is also excited to announce the LPO team that will be leading our efforts in this new market; Ronnie F. Moore, Susan B. McLamb, and Katherine S. Bane. All three are well known in Halifax County, having grown up there, and are well-respected bankers in the market. The new LPO is projected to be open by September 1, 2024.

Moore will lead the effort as Senior Vice President & South Boston Market Leader, with over 26 years of banking experience in-and-around the area, having most recently served as Senior Vice President & Market Leader of the Eastern Region for the former American National Bank and Trust Company (ANB), now Atlantic Union Bank (AUB).

McLamb will serve as Senior Vice President & Commercial Officer. She joins First National Bank with more than 30 years of industry experience in both banking and commercial lending, previously serving as Senior Vice President & Commercial Relationship Manager also for the former ANB, now AUB.

Bane will join the Bank as Vice President, Senior Retail Officer & Mortgage Originator, bringing over 30 years of banking experience in the South Boston/Halifax County area. She previously served as longtime Vice President & Financial Center Manager for Bank of America, before joining ANB, now AUB, as Branch Manager.

“We are excited to expand our approach to community banking into the South Boston/Halifax County area with the opening of our Loan Production Office,” stated Aubrey H. “Todd” Hall, III, President and Chief Executive Officer of First National Bank. “With Ronnie, Susan, and Kathy joining our team, we are positioned and ready to be a local partner to the people and businesses in the South Boston Market.”

First National Bank has nearly 200 employees serving market areas consisting primarily of all or portions of the Counties of Amherst, Bedford, Campbell, and Pittsylvania, and the Cities of Charlottesville, Danville, and Lynchburg. The Company has a total of eighteen (18) branches with one (1) branch in Amherst County within the Town of Amherst, two (2) branches in Bedford County; five (5) branches in Campbell County, including two (2) within the Town of Altavista, where the Bank was founded; one (1) branch in the City of Charlottesville, three (3) branches in the City of Danville; three (3) branches in the City of Lynchburg; and three (3) branches in Pittsylvania County, including one (1) within the Town of Chatham.