Applications / Mortgage Analytics / Lenders / Virginia / Pioneer Bank
Stanley, VA · State member bank · FRS · $354 million assets · 57 loans in 2025
Pioneer Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
57
loans originated, 2025
79
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Pioneer Bank, of Stanley, Virginia, known as Farmers & Merchants Bank of Stanley until 1999, is a small lender whose home lending has held between 54 and 64 loans a year since 2023.
It made 57 loans in 2025, up 6%, against 8% at the middle of similar lenders (state member banks making between half and twice as many loans) and 10% for the whole market. That puts it near the middle of its peers. Its busiest reported year was 2022, with 109 loans; it filed no report for 2020 and 2021, which are gaps in the record rather than years without lending.
Purchases made up 45.6% of its loans, refinances 29.8% and home improvement 15.8%. Every loan was conventional, with no government-backed lending. Its typical loan, $175,000, was close to the $180,000 at the middle of its peers.
Its loan dollars rose from $14.0 million to $20.5 million while its count barely moved, from 54 to 57. Its dollar share of several of its markets rose with them. A handful of unusually large loans could account for that, so the rise says little about how many borrowers it reached. Whether the larger amounts recur is the open question.
It lends in nine Virginia counties across four metros, from Harrisonburg and Staunton to Charlottesville, and it added Roanoke in 2025. In Roanoke it is still a newcomer, ranked 211 of 346.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Years with no HMDA report from this lender are left out: since 2020 a bank making fewer than 100 closed-end loans a year need not report. Pioneer Bank took 79 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 45.6% · Refinance 29.8% · Home improvement 15.8% · Other 8.8%
Conventional 100.0% · of 57 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Virginia | 24 | 42.1% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Harrisonburg | 13 |
| Charlottesville | 8 |
| Staunton-Stuarts Draft | 2 |
| Roanoke | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300IDUXRYG23KYY13 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 41629 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 241629 | 2002–2017 |
Established 3 December 1909. Reported under HMDA 2002-2025.
Mergers, name changes, data editions and corrections: Pioneer Bank's data.
Pioneer Bank's data
$215
Pioneer Bank and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
Buy Pioneer Bank's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]