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Clay Birkeland Named Director of Agricultural Banking

Joins Board of Directors at Pioneer Bank & Trust

FOR IMMEDIATE RELEASE

(Belle Fourche, SD) Pioneer Bank & Trust President & CEO, Dylan S. Clarkson, announced that Clay Birkeland has been promoted to Director of Agricultural Banking for Pioneer Bank & Trust. The Senior Vice President and longtime manager of the Belle Fourche Branch will also join the Board of Directors.

“Clay has been contributing to the success of Pioneer Bank & Trust since 1996,” commented Clarkson. “This is a new position for the bank, designed to support, develop and monitor our current agriculture portfolio of business, including credit, trust, deposit and investment services.” Pioneer Bank & Trust, locally owned by the Clarkson family for more than a century, is deeply rooted in regional agri-business and Birkeland will now oversee all ag-related activity.

“I am humbled by this opportunity and the faith the Clarkson family has in me,” Clay said. “I grew up on a ranch and most of my life outside banking has revolved around ranching and livestock production, so this promotion is a natural progression for me. This opportunity allows me more time to spend with the best people in the world: my customers and co-workers.”

“The fact that we are also adding Clay to our Board of Directors demonstrates how much we think of him and how important we consider this new position to be,” Clarkson added. “I see this as a critical step to ensure that we have the infrastructure to be prepared for operation as we near a billion dollars in total asset size.”