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Our Largest Cash Patronage Ever

Building relationships with our customers is at the core of what we do. We're proud to return $7.5 million in cash patronage to you, our borrowers, through our cooperative partnership. Since 1996, we've returned over $61 million in patronage to our stockholders. This means a decrease in our borrowers' effective interest rate for 2022 by approximately 83 basis points (0.83%).

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Patronage payments are a cornerstone of the cooperative business model, and can significantly reduce the cost of borrowing for our member-borrowers.  As part of the nation-wide Farm Credit System, Mississippi Land Bank is cooperatively-owned, meaning we are owned by our member-borrowers and that they, in turn, share in our financial success when the Association performs well.

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Learn more about other benefits of our cooperative business structure here: https://www.mslandbank.com/about/membership-benefits

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Latest News:

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5 min read

CEO and CCO Discuss Farm Bill with Legislators

This week, our Chief Executive Officer Chad E. Crow and Chief Credit Officer Bobby Spinks had the opportunity to visit with some of our legislators regarding the upcoming Farm Bill. Included in the group was U.S. Senator Roger Wicker of Mississippi (pictured far left), U.S. Senator Steve Daines of Montana (pictured far right).
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5 min read

Chief Appraiser Tyler Mullins attends FCBT Association Young Leadership Program Tour in NYC, D.C.

Mississippi Land Bank Chief Appraiser, Tyler Mullins, was amongst the delegates who attended. the 2024 Farm Credit Bank of Texas Association Leadership Program (ALP) to New York and Washington, D.C., last week.
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5 min read

Returning Cash to Our Customers - That's How We Do Business.

Mississippi Land Bank is thrilled to return $7.5 million, or 51% of our net income, in cash patronage to our borrowers, based on our 2023 earnings. This means a decrease in our borrowers' effective interest rate for 2023 by approximately 82 basis points (0.82%). Since 1996, we've returned nearly $70 million in patronage to our customers.
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