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Plains Land Bank distributes record $8.8 million to stockholders
AMARILLO, Texas—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…