Land Banking Jefferson County is currently “Land Banking” properties that have been donated to the people of Jefferson County. “Land Banking” is the practice of acquiring raw land with the intent to hold it until such time as it is practical to develop the property for public use. This decision has been made in reaction to lack of funds necessary to develop the areas for public use. Currently Jefferson County has three (3) parcels totaling 56 acres. These areas will remain CLOSED until the Jefferson County Department of Parks and Recreations has funding to develop and improve these locations.