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We are excited to announce that LLB will be opening our doors again to our customers and the public.
Please follow current CDC guidelines when entering LLB facilities.
As stockholders in a customer-owned cooperative, such as Louisiana Land Bank, its borrowers have the unique opportunity to share in their Association’s earnings by way of a patronage. A patronage is a benefit of doing business with a cooperative that can significantly reduce the cost of borrowing money.
Louisiana Land Bank realizes the many stresses endured by its stockholders in 2020 and, as a result, its Board of Directors has approved the return of $11.6 million in cash to the stockholders, which represents an increase to 1.35% of the borrower’s average accrual loan balance. So, it’s easy to see that this patronage program is just one more reason it pays to do business with Louisiana Land Bank!
ROUTING NUMBER: #311945976
