Time to read
less than1 minute
Plains Land Bank distributes record $8.5 million to borrowers
AMARILLO—Plains Land Bank has good news for its customers. It will distribute a record $8.5 million in cash patronage to its stockholders in April. The rural lending cooperative declared the patronage distribution based on its strong financial results in 2019.
“For our association, 2019 was a fantastic year,” said Gregg Lloyd, Plains Land Bank chief executive officer. “We are pleased to be able…