The Martha’s Vineyard Land Bank reported revenues of $208,279.88 for the business week ending on Friday, Feb. 20, 2015. The land bank receives its funds from a two per cent fee charged on many Vineyard real estate transactions.

Most of the land bank revenue last week came from the town of Edgartown, where six eligible transactions resulted in $129,170. Three transactions in Oak Bluffs generated $37.549.88. Three transactions yielded $33,000 in Chilmark, and two transactions resulted in $8,560 in Tisbury. No eligible transactions were recorded in Aquinnah or West Tisbury.

The land bank uses its revenues to purchase and manage land for purposes of conservation, preservation and passive recreation. To date the agency has participated in the purchase of more than 3,243 acres of Vineyard land.