Plains Land Bank distributes record $8.5 million to borrowers

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Plains Land Bank distributes record $8.5 million to borrowers

Thu, 04/02/2020 - 11:08
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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…

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