Interest Rates
We offer a variety of competitively priced fixed and variable interest rate programs to fit our customers’ needs and objectives. Please contact us at your nearest branch office and ask about our current rates and terms.
Louisiana Land Bank offers amortization terms up to 30 years on loans, with terms to meet your specific needs. Please contact us at your nearest branch office and ask about our current rates and terms.
In addition, we also offer:
- Free, optional 30-day lock-in period
- Multiple Interest Rate conversion options available upon expiration of rate period
- Conversion from a variable rate to a fixed rate with no fee
- Short and long-term fixed rates are available
- Non-prepayment penalty and prepayment penalty options
Note: ANNUAL PERCENTAGE RATES (APR) ARE HIGHER THAN THE STATED RATES. Contact Louisiana Land Bank for APR quotes. Conversion fees subject to change without notice.
Earn a Patronage Refund
As a customer and stockholder of Louisiana Land Bank, you share in the co-op’s earnings when it performs well.
In March 2022, Louisiana Land Bank will distribute $9.8 million in cash to its stockholders through the patronage program based on the Association’s 2021 earnings.
The more business borrowers do with the co-op, the greater their patronage refund. It is our way of returning a portion of the interest our borrowers paid on their loans.
