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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 22cWHo8D90Oo8vh1zHYrgw==

<SEC-DOCUMENT>0001181431-08-025984.txt : 20080422
<SEC-HEADER>0001181431-08-025984.hdr.sgml : 20080422
<ACCEPTANCE-DATETIME>20080422133905
ACCESSION NUMBER:		0001181431-08-025984
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080422
FILED AS OF DATE:		20080422
DATE AS OF CHANGE:		20080422

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CARDINAL BANKSHARES CORP
		CENTRAL INDEX KEY:			0001022759
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				541804471
		STATE OF INCORPORATION:			VA

	BUSINESS ADDRESS:	
		STREET 1:		P O BOX 215
		CITY:			FLOYD
		STATE:			VA
		ZIP:			24091
		BUSINESS PHONE:		5407454191

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Dickerson James Alan
		CENTRAL INDEX KEY:			0001432969

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-28780
		FILM NUMBER:		08768892

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		276-233-3250

	MAIL ADDRESS:	
		STREET 1:		412 LONG STREET
		CITY:			GALAX
		STATE:			VA
		ZIP:			24333
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd203595.xml
<DESCRIPTION>STOCK PURCHASE ALAN DICKERSON
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-04-22</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001022759</issuerCik>
        <issuerName>CARDINAL BANKSHARES CORP</issuerName>
        <issuerTradingSymbol>CDBK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001432969</rptOwnerCik>
            <rptOwnerName>Dickerson James Alan</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>412 LONG STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>GALAX</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>24333</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Financial Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-04-22</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>720.00</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>18.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>40</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <ownerSignature>
        <signatureName>James Alan Dickerson</signatureName>
        <signatureDate>2008-04-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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