2019 Board of Directors Election Results
Jerrell Key, Dennis Babcock and Don James, candidates for the Plains Land Bank 2019 Board of Directors, were elected or re-elected to a 3 year term beginning in June 2019.
Plains Land Bank Stockholders Participate in Farm Credit Young Leaders Program
The Terhunes, member-borrowers of Plains Land Bank, were among 27 agricultural producers selected for 2018 Farm Credit Young Leaders Program.
Stockholders Gather for Association Business and Patronage
Plains Land Bank customers came together for regional stockholder meetings on March 27 and 29. Customers conducted official business and collected checks for 29.64% of the interest paid in 2017, a total of $7.1 million.
Notice Regarding Frost Bank Lockbox Security Incident
We recently learned that Frost Bank is investigating a security incident involving unauthorized access to electronic check images stored in Frost Bank's lockbox software program that serves about 470 of Frost Bank's commercial customers.
Plains Land Bank Stockholders Participate in 2017 Farm Credit Young Leaders Program
Dane and Lori Mullins of Silverton, Texas, recently learned how Farm Credit uses its cooperative structure and unique funding mechanism to lend support to rural communities and agriculture across the United States. Mr. and Mrs. Mullins represented their lender, Plains Land Bank, at the 2017 Farm Credit Young Leaders Program in Washington, D.C., and New York City.
Stockholders Celebrate 100 Years and $6 Million Patronage
Plains Land Bank customers gathered for regional stockholder meetings on March 28 and 30 and collected checks for 30% of the interest paid in 2016, a total of $6 million.
Plains Land Bank Stockholders Participate in 2016 Farm Credit Young Leaders Program
Justin and Lacee Freeman of White Deer, Texas, recently saw firsthand how Farm Credit's cooperative structure and unique funding mechanism enable it to help rural communities and agriculture thrive.
Plains Land Bank Distributes $6.75 Million in Cash to Customers
Plains Land Bank will distribute $6.75 million of its 2015 earnings to borrowers in early April. Over the past 12 years, Plains Land Bank has returned an average of 23 cents of every dollar that borrowers have paid in interest in the form of patronage checks at stockholders meetings.
Stockholders Re-Elect Directors
At Regional Stockholder meetings held April 5 and 7, stockholders re-elected Don R. James, Dennis Babcock, and Tim Stedje.
Plains Land Bank Stockholder Participates in 10th Annual Farm Credit Young Leaders Program
Steven Ebeling of Plainview, Texas, recently got an inside look at how Farm Credit supports rural communities and agriculture with reliable, consistent credit and financial services.
Scholarship Recipients for 2015-2016
In its eighth year, the Plains Land Bank scholarship program at West Texas A&M University (WTAMU) once again identified four outstanding individuals as scholarship recipients. Students were recognized at the WTAMU Ag Day celebration September 11.
Members Hear Good News at 2015 Regional Stockholder Meetings
This year's regional stockholder meetings, held March 31 and April 2, were marked by positive comments and reports of record-setting financial results, presented by Panhandle-Plains Board Chairman Randy Darnell and Chief Executive Officer Gregg Lloyd.