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Plains Land Bank Press Releases

Press releases are not just for the media. They contain vital information that keeps our members in the loop about significant changes in our association.

On this page, you will find our latest press releases, so you don’t miss out on key updates. For example, learn how we keep our local branches operating safely during COVID-19 or find out more about a specific topic of interest. 

You’ll also learn about stockholder election results, the bank’s financial performance, patronage reports, and details about our scholarship program.

Plains Land Bank knows transparency is key to building trust and loyalty with our members. We invite you to scroll down to discover more about our cooperative Get to know the people that work every day to help you achieve your goals. More than a lender, we are your partners.

Do you have any questions? Our contact information can be found on this page

  • Plains Land Bank Distributes Record $8.8 Million in Patronage to Stockholders

    one hundred dollar bill
    4/6/2021

    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.

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  • Plains Land Bank announces retirement of CEO Gregg Lloyd

    3/8/2021

    Plains Land Bank announces retirement of CEO Gregg Lloyd, Chief Financial Officer Kay Lynn McLaughlin is Named CEO-Elect

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  • 2020 Board of Directors Election Results

    one hundred dollar bill
    6/19/2020

    Following the Plains Land Bank Annual Stockholder's Meeting held on June 18, 2020, mail ballots for the 2020 Board of Directors election were sent out to all designated voters.

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  • 4 Secrets to Successfully Running a Farm

    equipment in field
    3/27/2020

    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.

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  • Plains Land Bank Distributes Record $8.5 Million in Patronage to Borrowers

    one hundred dollar bill
    3/24/2020

    AMARILLO, Texas – 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.

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  • Financing Your Farming Dream

    barn with american flag
    2/14/2020

    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.

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  • High School Scholarship Program

    piggy bank with graduation cap
    2/12/2020

    We are offering four $2,000 scholarships to four deserving Texas Panhandle high school seniors.

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  • Young, Beginning, Small Farmers : What You Need to Know

    young farmer in corn field
    1/10/2020

    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.

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  • What are YBS Loans?

    young female farmer standing in front of farm equipment
    12/19/2019

    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. There is a long tradition in Texas that is steeped in agriculture, if you are ready to become a part of that history, the YBS loan program at Plains Land Bank can be the solution.

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  • Are You Eligible For a Farm Loan?

    Horse in field at sunset
    12/2/2019

    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.

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  • Your Guide to Farm & Ranch Financing

    cows on a ranch
    9/9/2019

    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. While farm loan financing can be challenging and confusing, there are options available to you that make finding the right farm loan far easier than it would be on your own. Loans are a crucial part of ensuring that your farm is paid for in a manner that respects both your long-term vision for your land and the current state of your finances.

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  • 2019 Board of Directors Election Results

    Director Elected
    6/5/2019

    Following the Plains Land Bank Annual Stockholder's Meeting held on April 18, 2019, mail ballots for the 2019 Board of Directors election were sent out to all designated voters.

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  • Plains Land Bank Stockholders Participate in Farm Credit Young Leaders Program

    3/8/2019

    AMARILLO, Texas — Austin and Tamren Terhune of Perryton, Texas, recently saw firsthand how Farm Credit uses money raised on Wall Street to support agriculture and rural communities. The Terhunes, member-borrowers of Plains Land Bank, were among 27 agricultural producers who were selected for the 2018 Farm Credit Young Leaders Program in New York City and Washington, D.C.

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  • Stockholders Gather for Association Business and Patronage

    one hundred dollar bill
    4/9/2018

    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.

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  • Notice Regarding Frost Bank Lockbox Security Incident

    lock
    4/5/2018

    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. Through our association with Farm Credit Bank of Texas, Plains Land Bank uses the Frost Bank lockbox payment processing service to allow our customers to send payments to a central post office box for processing. Frost Bank reported that it stopped the unauthorized access and that it is cooperating with law enforcement to investigate the incident.

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  • Plains Land Bank Stockholders Participate in 2017 Farm Credit Young Leaders Program

    lori and dane mullins
    1/12/2018

    AMARILLO, Texas — 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.

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  • Stockholders Celebrate 100 Years and $6 Million Patronage

    100 year anniversary logo
    4/19/2017

    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. Over the past 13 years, Plains Land Bank has returned an average of 24 cents of every dollar that borrowers have paid in interest in the form of patronage checks at stockholder meetings. Stockholders also conducted official business and held the annual board of directors' elections.

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  • Plains Land Bank Stockholders Participate in 2016 Farm Credit Young Leaders Program

    Young Leader award winner
    2/1/2017

    AMARILLO, Texas — 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. The Freemans, member-borrowers of Plains Land Bank, were among 22 agricultural producers who attended the 2016 Farm Credit Young Leaders Program in New York City and Washington, D.C.

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  • Stockholders Re-Elect Directors

    Board members
    4/1/2016

    At Regional Stockholder meetings held April 5 and 7, stockholders re-elected Don R. James, Dennis Babcock and Tim Stedje.

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  • Plains Land Bank Distributes $6.75 Million in Cash to Customers

    one hundred dollar bill
    4/1/2016

    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.

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