Pinnacle Bankshares Corporation

Pinnacle Bankshares Corporation, a Virginia corporation organized in 1997, operates as a bank holding company headquartered in Altavista, Virginia. The company conducts all its business through its wholly-owned subsidiary, First National Bank (Altavista, Virginia). First National Bank, established in 1908, provides general banking operations to commercial and agricultural businesses and individuals. First National Bank offers a broad range of commercial and retail banking products and services. These include checking, savings, and time deposits, individual retirement accounts, online banking, mobile banking, remote deposit capture, and merchant bankcard processing. Lending products include residential and commercial mortgages, home equity loans, consumer installment loans, agricultural loans, investment loans, small business loans, commercial lines of credit, and letters of credit. Additionally, First National Bank provides investment, insurance, and annuity products through its associations with LPL, Inc. and Banker's Insurance, LLC. First National Bank serves a trade area primarily encompassing all or parts of Amherst, Bedford, Campbell, and Pittsylvania Counties, and the Cities of Charlottesville, Danville, and Lynchburg. The company operates a total of eighteen branches. These include one branch in the Town of Amherst in Amherst County, two in Bedford County, two in the Town of Altavista in Campbell County, three additional branches in Campbell County, three in Pittsylvania County, four in the City of Danville, and three in the City of Lynchburg.