First National Bank Appoints New Leadership Team in Technology and Operations

First National Bank Welcomes New Executives

First National Bank, a subsidiary of Pinnacle Bankshares Corporation (OTCQX: PPBN), has announced an exciting transition in its leadership team. This development marks a significant step for the bank as Allison G. Daniels is appointed as the Chief Information Officer while Michelle M. Gaydica takes on the role of Chief Operating Officer.

The New Chief Information Officer

Allison Daniels, who has been with First National Bank for over a decade, previously held the position of Chief Operating Officer. In her new role as Chief Information Officer, she will focus on enhancing and streamlining the bank's information technology systems, ensuring robust cybersecurity measures, thwarting fraud, and overseeing compliance and facilities management.

Appreciation for Leadership

Aubrey H. Hall, III, the President and CEO of First National Bank, expressed his praise for Ms. Daniels’ contributions. He stated, "Allison has done a remarkable job strengthening our IT environment and posture as it pertains to cybersecurity. She remains in a crucial position as we advance into the future." This transition reflects the bank's commitment to prioritizing technology, especially in today's rapidly evolving banking landscape.

Introducing the New Chief Operating Officer

Michelle Gaydica joins First National Bank with a wealth of experience. Most recently, she served as a Senior Vice President at American National Bank & Trust Company, where she excelled as the Director of Digital Banking and Client Experience. With over 25 years in banking, her extensive background includes technology integration, strategic planning, human resources, and retail banking. She holds degrees in Journalism & Mass Communication and Business Administration from the University of North Carolina at Chapel Hill, as well as graduate credentials from the University of Wisconsin – Madison Graduate School of Banking and the North Carolina School of Banking.

Expertise and Vision

Mr. Hall also warmly welcomed Ms. Gaydica, highlighting her skills as an exceptionally versatile and strategic leader. He stated, "We are very pleased to welcome Michelle as our new Chief Operating Officer. Her unique expertise will greatly assist us in driving our ongoing success and strategic growth." This new appointment signals the bank’s aggressive approach to expanding its operational capabilities.

First National Bank's Commitment to Community

With nearly 200 employees, First National Bank serves various market areas, primarily comprising counties and cities in its region. Currently, the bank operates eighteen branches strategically located to best serve its communities. Notably, they plan to expand further with plans for a new branch location in South Boston aimed at enhancing service for Halifax County and surrounding areas.

Serving the Community

The new leadership brings a renewed focus on improving both the technological and operational aspects of the bank, which is essential for effectively serving their customer base. As branches continue to open, the bank’s strategy is all about making banking accessible and convenient for the residents of the areas they serve.

Contact Information

For any inquiries or additional information regarding these new appointments or the bank's operations, please reach out to Krystal Harris, Senior Vice President & Chief Human Resources Officer, at (434) 515-0365.

Frequently Asked Questions

Who are the newly appointed executives at First National Bank?

Allison G. Daniels is the new Chief Information Officer, and Michelle M. Gaydica is the new Chief Operating Officer.

What experience does Michelle Gaydica bring to her role?

Michelle has over 25 years of banking experience and expertise in technology integration, strategic planning, and customer experience.

How long has Allison Daniels been with First National Bank?

Allison has served First National Bank for 11 years prior to her appointment as CIO.

What is the future plan for First National Bank's expansion?

The bank plans to open new branch locations, including one in South Boston, aimed at serving the Halifax County market.

How can I get in touch for more information about the bank?

You can contact Krystal Harris, Senior Vice President & Chief Human Resources Officer, at (434) 515-0365.

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