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News and Press Releases

Stockholders Celebrate 100 Years and $6 Million Patronage

Published April 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. The following directors were re-elected:

  • Daniel Krienke, Place I
  • Steve Rader, Place III
  • Randy Darnell, Place V

For 2016-2017 Don James will serve as Board Chairman and Walter "Rusty" Henson as Chairman of the Audit Committee.