Land Bank to distribute record $8.8 million in patronage to stockholders

Plains Land Bank has good news for its stockholders. It will distribute a record $8.8 million in cash patronage to its stockholders in April.

The rural lending cooperative declared the patronage distribution based on its strong financial results in 2020.

“For our association, 2020 was a fantastic year,” said Gregg Lloyd, Plains Land Bank chief executive officer. “We are pleased to be able to return …