A tractor-mounted front loader includes a parking stand mounted to each of a pair of downwardly and forwardly inclined arm sections coupled to an implement resting on the ground. Each parking stand includes a support leg and a brace, the latter having a rear end pivotally mounted to a location approximately halfway between opposite ends of the support leg and an forward end pivotally mounted to a lower region of an associated loader arm section. The support leg and brace may be stored on the loader arm section by folding them together with a catch carried by the brace becoming releasably engaged with the support leg. The folded support leg and brace are then pivoted against the loader arm section and secured to it by a releasable latch which secures the top of the support leg to the arm section to establish a stored position.