President’s Welcome

I’m privileged to be the President and Chief Executive Officer of Pioneer Bank & Trust. As a near, $1,000,000,000 in total asset size financial institution, Pioneer Bank & Trust is a leader in the South Dakota banking industry. Owned by the Clarkson family for over 112 years, Pioneer Bank & Trust really is “Local.” As a fourth-generation family member to be involved in the operation of Pioneer Bank & Trust, I have witnessed “families helping families,” and I am proud to continue the practice of helping our neighbors and communities which my ancestors began in Harding County, South Dakota well over 100 years ago.

Today, we have a total of eight locations including six retail facilities and have grown in to a regional bank by continuing to do what we set out to do all those years ago – still local, still helping our communities, still owned by the Clarkson Family. With an eye toward growth, we are looking forward to expanding our availability to serve our customers in western South Dakota. Our growth and customer base is local, representing local deposit dollars, funding local loans. We don’t rely on outside deposits to make loans outside of our area.

Choosing to innovate, grow and adapt to our ever-changing banking environment, we are able to offer comprehensive services in all of our markets. Through a dynamic and developed retail strategy we are continually offering and updating innovative digital and in person products to provide comprehensive banking solutions. Our size enables us to meet large loan requests while still allowing us to be nimble and adaptable. Whether your needs are agriculture related, commercial, consumer, trust, investment or residential real estate, we are able to provide solutions to your banking needs.

In the world of community Banking no one year is the same as the year before. Each generation knows a different unique situation that can be challenging. In more recent times a global pandemic, unique weather events and isolated Bank closures affected the Banking industry and the community members we serve. Like we have since 1913, we persevered through these times and are here to serve you.

Through our employee based “I Am Local” efforts we also invest our employee’s time volunteering for many worthy causes in all our communities. With over 130 employees we remain involved and serve in leadership roles in all our communities. In addition to our investment of time, the F.L. Clarkson Family Foundation and Pioneer Bank & Trust collectively reinvest more than $337,000 back in to our communities annually in cash support. In an effort to contribute to further the mission of community Banks in the nation and South Dakota as the President and CEO of Pioneer Bank & Trust I am currently serving on or have served on the following industry and non-profit Boards & Committees;

• Federal Reserve – 9th District Community Depository Institution Advisory Council, Council Chair concluded, year end 2024
• Federal Reserve – National Community Depository Institution Advisory Council, Council Member concluded, year end 2024
• South Dakota Banker’s Association- Current Board Chair
• Conference of State Bank Supervisors – Banker Advisory Board, Board Member, concluded, year end 2024
• OneHeart Rapid City – Board Chair, concluded in 2024.

We really are “Local” and we look forward to helping you.

Dylan S. Clarkson

President and Chief Executive Officer

Pioneer Bank & Trust