Louisiana Land Bank is Louisiana's leading rural real estate and agribusiness lender, offering loans for rural land, farms, recreational property, country homes, agribusiness firms, and forestry and timber operations.
Established over 100 years ago, Louisiana Land Bank is a locally owned and operated financing cooperative that is part of the multibillion-dollar nationwide Farm Credit System and the Tenth Farm Credit District.
We are headquartered in Monroe and operate nine branch offices throughout the state.
Louisiana Land Bank is led by a stockholder-elected board of directors.
As farmers, ranchers and agricultural experts themselves, our directors understand the needs of our customers and the role that financing plays in the success of any agricultural operation.
Since Farm Credit was established in 1916, we have always had a mission to provide creditworthy agricultural producers and rural Americans with reliable access to competitive credit. We are as focused on that mission today as we were in the beginning. We believe that fulfilling that mission requires a dedication to the people who use our services and own our business.
Whether you wish to build a house in the country, buy your own farm or just purchase a few acres, call the Louisiana Land Bank first. Our expert loan officers are ready with just the right loan products and services to meet your needs.
Our history is a long one, beginning nearly a century ago. In many ways, it is also the history of agriculture and rural America.
In the early 1900s, commercial lenders considered agriculture to be a large risk. Interest rates were high, and long-term financing for farmers and ranchers was scarce. President Theodore Roosevelt appointed a Country Life Commission in 1908 to address the problems facing a predominantly rural population.
After congressional and presidential studies, Congress passed the Federal Farm Loan Act in 1916, establishing the nationwide Farm Credit System — a network of credit cooperatives — to be a reliable source of funding for farmers,ranchers and aquatic producers during good times and bad. This system was based largely on Germany’s Landschafts, which had operated since 1769 and appeared to be the most successful of the European cooperative agricultural credit systems.
The legislation set up 12 district banks across the country to provide funds to local mortgage lending cooperatives, which would be owned by farmers and ranchers. One of these banks, the Federal Land Bank of Houston, was designated to serve the Tenth Farm Credit District and later would become the Farm Credit Bank of Texas.
Following World War I, a prosperous time for farmers, prices collapsed, resulting in a shortage of short-term credit for farmers and ranchers. Congress responded with the Agricultural Credit Act of 1923, which added 12 Federal Intermediate Credit Banks (FICBs), including the FICB of Houston, to the Farm Credit System.
The stock market crash of 1929 touched off the Great Depression, throwing thousands of farmers into bankruptcy and strangling the Farm Credit System’s ability to finance agriculture. In 1933, Congress passed two laws affecting the future of Farm Credit.
One piece of legislation re-capitalized the Land Banks with $189 million. The other revamped the FICBs and established a short-term credit delivery system through locally owned Production Credit Associations. In addition, President Franklin Roosevelt consolidated the supervision of all federal agricultural credit agencies under a new regulator, the Farm Credit Administration.
As producers discovered the benefits of doing business with a financing cooperative that they owned — and that truly cared about their success — Farm Credit became the trusted financial partner of generations of rural Americans. By 1968, all of the Farm Credit System lending entities had repaid their federal capital debt and were completely owned by their customers.
Today, agriculture requires enormous amounts of capital. Technology has revolutionized farming and agribusiness. Yet, Farm Credit has continued to rise to the challenge of providing sound, dependable credit to agriculture and rural America.
The cooperative credit system envisioned by Congress has stood the test of time. Since 1916, the Farm Credit System has pursued a mission to maintain the quality of life in rural America by ensuring the availability of sound, dependable funding for agricultural producers, agribusiness, rural homeowners and other rural landowners.
Today, the Farm Credit Bank of Texas and its affiliated lending cooperatives, including Louisiana Land Bank, remain an important part of the fabric of rural America and a partner to the nation’s agricultural sector. Together, we are a leader in rural financing, offering competitive loan products, financial services and specialized lending expertise.
Are you a Young, Beginning or Small farmer or rancher? Learn how we can put our experience in rural lending to work for you.Learn More About YBS
As a cooperative, Louisiana Land Bank, ACA is committed to the best interest of our stockholders as well as our dedicated workforce. As the leading agribusiness lender in Louisiana for over 100 years, we recognize that human capital is our most valuable asset.Explore Job Opportunities