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.
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Plains Land Bank Distributes Record $10.5 Million in Patronage to Stockholders
3/22/2023AMARILLO, Texas – Plains Land Bank has good news for its stockholders. It will distribute a record $10.5 million in cash patronage to its stockholders in April.
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2022 Board of Directors Election Results
10/1/2022Following the Plains Land Bank Annual Stockholder’s Meeting held on April 21, 2022, mail-in ballots were mailed out for a 2nd time on August 11, 2022 to all designated voters on record as of April 15, 2022 for the 2022 Board of Directors election.
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Agricultural Cooperatives – Potential Ransomware Attacks
5/3/2022The FBI recently released a publicly available warning to its Food and Agriculture sector partners referencing an increased risk of ransomware attacks to agricultural cooperatives during critical planting and harvest seasons. This specific sector warning comes on the heels of general communications about increased ransomware risks over the last two years.
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Plains Land Bank Distributes Record $9.2 Million in Patronage to Stockholders
3/2/2022AMARILLO, Texas – Plains Land Bank has good news for its stockholders. It will distribute a record $9.2 million in cash patronage to its stockholders in April.
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2021 Board of Directors Election Results
6/1/2021Following the Plains Land Bank Annual Stockholder’s Meeting held on Thursday, April 15, mail-in ballots were mailed out on Thursday, April 29, to all designated voters for the 2021 Board of Directors election.
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Plains Land Bank Gives Record $8.8M to Stockholders
4/6/2021AMARILLO, 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
3/8/2021Plains 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
6/19/2020Following 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
3/27/2020Before 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 Donates Record $8.5M to Borrowers
3/24/2020AMARILLO, 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
2/14/2020Your 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
2/12/2020We 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
1/10/2020How 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?
12/19/2019Becoming 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?
12/2/2019One 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
9/9/2019Whether 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
6/5/2019Following 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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Stockholders Join Farm Credit Young Leaders Program
3/8/2019AMARILLO, 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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Patronage and Association Update from Stockholders
4/9/2018Plains 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
4/5/2018We 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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