2020 Board of Directors Election Results
Danny Krienke, Steve Rader, and Randy Darnell, candidates for the Plains Land Bank 2020 Board of Directors, were elected or re-elected to a 3 year term beginning in August 2020.
4 Secrets to Successfully Running a Farm
Before applying for a farm or ranch loan, you should know that running a farm can be a complicated experience. If you are planning to buy one of the farms and ranches for sale today in Texas, it's prudent that you keep the following tips in mind.
Plains Land Bank Distributes Record $8.5 Million in Patronage to Borrowers
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.
Financing Your Farming Dream
Your dream is to farm, but you haven't found the lender to help get you started. Plains Land Bank is the right bank to help turn your dream into reality. We understand the farmer's needs and will prove to be a great resource for financing your farming dream.
High School Scholarship Program
We are offering four $2,000 scholarships to four deserving Texas Panhandle high school seniors.
Young, Beginning, Small Farmers : What You Need to Know
How do you know which lender is the right choice to finance your first farm? If you haven't already, you should consider asking a Plains Land Bank lender about our YBS loan program; this loan program is ideal for farmers or ranchers who are just starting out and looking to bring their dream to life.
What are YBS Loans?
Becoming a part of the tradition of Texas Panhandle agriculture can start with small farm loans. YBS loans (Young, Beginning and Small Loans) are loans that are geared toward helping the new generation of ag producers make their land ownership dreams into realities.
Are You Eligible For a Farm Loan?
One of the best things that you can do to learn more about obtaining a farm loan is to align with a bank that can help you navigate the process. There are a lot of misconceptions about a farm loan and who is eligible as a borrower. By partnering with a bank that specializes in farm loans, it will not only increase your knowledge but your success.
Your Guide to Farm & Ranch Financing
Whether you have an established farm, or if you are looking to obtain one, it is wise to consider your finance options before you commit to a piece of property.
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.