1. “Do I need a bank that specializes in serving rural landowners and businesses?” If you walk into a deposit bank asking about rates for irrigation loans, you might get a few quizzical stares. At a land bank, the representatives will know exactly what you’re talking about and can help you immediately.


  1. “Is community support important to me?” Because they’re locally based, land banks are avid supporters of their communities and the organizations that help them thrive — from local 4H and Future Farmers of America clubs to little league baseball teams.


  1. “Do I want my loan to stay with the bank I choose?” While deposit banks buy and sell loans on a regular basis, land banks will never sell your loan to a secondary market, so you’ll always be able to count on your local representative to answer your questions and take care of your needs.


  1. “How important is personal attention to me?” If the words “please hold for the next available representative” make you cringe, a large deposit bank may not be the best choice for you. At a land bank, you’ll work with a loan officer who believes in personal relationships and who will always be available to give you one-on-one guidance.


  1. “Do I want to be a customer … or a shareholder?” If you want more from your bank than a cheap pen and a wall calendar, you should know that when you do business with a land bank, you become a shareholder. Not only do you have a say in what your bank does, but you’ll also receive dividends when your bank does well financially. (And yes, they’ll be happy to give you a pen, too.)


If you have more questions about whether a land bank is right for you, just give us a call at 877.404.5263 and we’ll be happy to help.

GUEST CONTRIBUTOR: Heritage Land Bank…our name says it all. Our heritage, spanning nearly a century, has been and always will be, to help people like you, who have a love of the land and an fiercely independent, country spirit. We make it our business to finance your hopes and dreams, no matter the size, from country homes and recreational property to building and growing your agribusiness, ranch, or farm.