The Martha’s Vineyard Land Bank reported revenues of $88,365 for the business week ending on Friday, March 21, 2025. The land bank receives its funds from a two per cent fee charged on many Vineyard real estate transactions.

Much of the land bank revenue last week came from the town of West Tisbury, where two transactions resulted in $26,500. Two transactions earned $24,725 in Oak Bluffs. Two transactions generated $21,000 in Tisbury. One transaction resulted in $10,000 in Edgartown. And one transaction earned $6,140 in Chilmark. No eligible transactions were recorded in Aquinnah.

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 4,206 acres of Vineyard land.