Times Independent | 1964-01-23 | Page 6 | Land Bank Assn. Reports Year-End High in Area

Land Bank Reports Year-end Year High Nigh in Area The Federal Land Dank Bank as of Provo closed in Land flank Dank loans to farmers lanners and ranchers in Wasatch Utah Juab Emery 1 I Grand and San Juan counties during 1963 according to George W W. Brown Drown the associations association's asso asso- elation's manager He said that loans outstanding in the association at the end of the year amounted to an increase of over the amount outstanding a n year ago Mr Brown Drown added that his association Is b a one of the 40 46 Federal Land Bank Dank associations through which the Federal Federal Fe Fe- deral Land flank Dan of Berkeley makes term long real-estate real loans to farmers and ranchers ranch ers in California Utah Nevada Nevada Ne Ne- vada Arizona and Hawaii He said the bank loaned 66 mil lion in the five states during 1963 and clo closed d the year with outstanding loans at an all all- time high of million