Louisiana Land Bank Board Approves $7 Million Patronage Payment

Directors hold $7 million patronage check

As stockholders in a customer-owned cooperative, Louisiana Land Bank borrowers have the opportunity to share in our association’s earnings. This benefit of doing business with a cooperative can significantly reduce the cost of borrowing money.

Because of our successful financial performance in 2017, our board of directors has approved the return of $7 million in cash to our stockholders.

Our patronage program is just one more reason it pays to do business with Louisiana Land Bank!

Back to News