Why do business with a cooperative?

Texas Land Bank has a unique cooperative business structure that is different from other lenders. As a cooperative, Texas Land Bank is owned by its borrowers and operates in their best interest.

In addition to competitive rates and quality services, Texas Land Bank offers the following advantages:

• When you take out a loan, you become part-owner of the association.
  Like any business, a cooperative is in business to make money for its stockholders. The cooperative difference is that all borrowers also hold stock. Therefore, you receive all the benefits of stock ownership.
  
  
• You have voting rights.
  Stock ownership entitles borrowers to vote on important co-op matters, such as electing the board of directors.
  
  
• When the association does well, you share in the profits.
  Texas Land Bank has a history of paying patronage dividends, which means that the association distributes a portion of its earnings back to its borrowers. Your board of directors has approved an annual refund payment each and every year since 1994. Patronage refunds lower your effective interest rate. Learn more...

Doing business with Texas Land Bank makes dollars and sense!