A Cooperative Built Around You
At Plains Land Bank, being stockholder-owned means the people we serve help shape who we are. One of the key financial advantages of our cooperative structure is the opportunity for stockholders to receive a portion of the association’s annual earnings through patronage. This model keeps our focus on maintaining a strong, stable association—so we can continue supporting your operation today and, in the years ahead.
Guided by Stockholders
As part of Farm Credit, Plains Land Bank is governed by the farmers, ranchers, and agricultural producers who borrow from us. Stockholders elect our board of directors, ensuring decisions reflect the needs and priorities of the people who rely on us for financing. At yearend, the board evaluates the association’s financial position and determines how much of the annual earnings will be retained and how much may be distributed as patronage.
Returning Value Through Patronage
Patronage dividends allow us to return a portion of annual earnings to our stockholders. The amount each stockholder receives is based on their level of business with the association. This distribution effectively lowers the overall cost of borrowing, providing meaningful value to those who own and use the cooperative
At Plains Land Bank, cooperative ownership isn’t just a structure—it’s a benefit that helps support the longterm strength of agriculture and the people who make it possible.
