Diebold Supports Pioneer Bank's Expansion In Texas

NORTH CANTON, Ohio, Aug. 2, 2012 /PRNewswire/ -- Diebold, Incorporated (NYSE: DBD) is helping Pioneer Bank expand its presence in the Austin, Texas, region by delivering advanced self-service and branch equipment, as well as project design expertise. Based in Dripping Springs, Texas, Pioneer Bank will soon open its first full service branch in Austin. The bank turned to Diebold to support this growth initiative, recognizing the company as a reliable solutions provider.

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At Pioneer Bank's newest branch in central Austin, Diebold is installing an Opteva^® automated teller machine (ATM) with full deposit automation capabilities and an express cash recycler to enable teller automation. In addition, Diebold is providing project assistance for a redesign of the bank's San Marcos branch. Diebold will also provide additional solutions for the bank's future branches.

Pioneer Bank chose Diebold based on a recommendation by the Independent Bankers Association of Texas (IBAT). The IBAT board of directors has endorsed several Diebold products and services, including the company's Opteva ATMs, branch and drive-up equipment. Diebold also received a 2012 IBAT Five*Star Award for providing service excellence and innovative solutions to community banks.

"In addition to new locations, our expansion includes adding new technologies that make the banking experience better and more convenient for our customers," said Jeff Wilkinson, president and chief executive officer, Pioneer Bank. "Diebold promises to deliver the advanced solutions we need, which is why our new Austin branch features our first Diebold equipment. We plan to outfit our new and existing branches with additional solutions from the company."

The Austin branch's Opteva 750 ATM allows customers to make convenient, envelope-free deposits. The deposit automation-enabled ATM features an enhanced note acceptor and a bulk document intelligent depository module™ to facilitate rapid self-service cash and check deposits.

Providing teller automation for personnel at the Austin branch, the Diebold 228 express cash recycler accepts cash, verifies authenticity, sorts by denomination and stores cash securely. Tellers then use the same cash for withdrawals. The recycler provides sorting, dispensing and balancing efficiencies, allowing tellers to focus more attention on customers.

As part of Pioneer Bank's San Marcos branch redesign, Diebold's product application services (PAS) group is providing design consultation and architectural renderings. The group is assisting with the full branch design, including the drive-thru area layout and placement of equipment and ATMs. PAS offers a wide range of custom services, solutions and installation drawings to support any design project.

"From our design services to our advanced technologies, Diebold is honored to be a new trusted solutions and services provider for Pioneer Bank," said Mychal D. Kempt, vice president, North American sales and service operations, Diebold. "We are very excited about the number of opportunities we are engaged with in North America around branch transformation.  Our solution set and breadth of experience in the branch is expected and well received in the marketplace."

About Pioneer Bank

From humble Texas beginnings, Pioneer Bank has built a true community bank by putting customers first, listening to their needs and providing them with high-quality financial services. Having built its business from a mobile structure in Dripping Springs, Texas, Pioneer Bank now has the largest share of deposits in Dripping Springs, and is serving all of Central Texas with new locations coming soon in Austin and San Marcos. Further, as the result of its pending acquisition of Colorado Valley Bank, Pioneer Bank will soon add locations in La Grange and Weimar, Texas. For more information, visit http://www.pioneerbanktexas.com.

About Diebold

Diebold, Incorporated is a global leader in providing integrated self-service delivery and security systems and services. Diebold employs more than 16,000 associates with representation in nearly 90 countries worldwide and is headquartered in the Canton, Ohio region, USA. Diebold is publicly traded on the New York Stock Exchange under the symbol 'DBD.' For more information, visit the company's website at www.diebold.com or follow the company on Twitter: http://twitter.com/diebold_inc.

SOURCE Diebold, Incorporated