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Louisiana Land Bank Board Approves $5.8 Million Patronage Payment

LLB Board with Patronage Check for $5.8 Million

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 2015, our board of directors has approved the return of $5.8 million in cash to our stockholders.

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

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