News

Florence, SC (March 31, 2025) – ArborOne Farm Credit’s Board and Management are pleased to announce that the Association was profitable in 2024 and finished the year with strong capital.  As a result, the Board of Directors approved the rollout of a patronage distribution, returning approximately $7.2 million to its customer-owners this spring.  This distribution equates to a cash patronage dividend of around 51% of last year’s net profits, benefiting both loan and crop insurance customers.

ArborOne Farm Credit’s unique cooperative structure allows it to share profits with its borrowers and crop insurance customers. Since 1989, ArborOne Farm Credit has distributed over $150 million in patronage refunds, representing a portion of its net earnings, to eligible customer-owners. ArborOne Farm Credit is thrilled to share its success with its member-borrowers!

“Patronage is an important benefit of doing business with an agricultural lending cooperative like ArborOne Farm Credit.  Our members share in the Association’s success when we have a good year.  Farmers have faced a lot of challenges recently including damaging weather events, low commodity prices and high input costs.  In tough times like these, ArborOne Farm Credit is especially proud to pass on a portion of its profits to our customers.” Bryant Sansbury, President and CEO

ArborOne is a proud member of the Farm Credit System, serving the counties of Chesterfield, Clarendon, Darlington, Dillon, Florence, Georgetown, Horry, Lee, Marion, Marlboro, Sumter, and Williamsburg. Since 1916, Farm Credit has been a reliable and consistent source of credit for farm families and rural communities. ArborOne Farm Credit provides financing for farm operations, equipment, and land, as well as rural home loans. Additionally, the cooperative offers crop insurance to its customers.