February 12, 2016
At year end, ArborOne customers received a special gift, as the borrower-owned Association paid out $3.8 million in patronage refunds to its customers. These refunds represented qualified allocated surplus retained in 2006, 2007, and 2008. Because the Association Board and Management determined that ArborOne is well capitalized and no longer needed to retain this surplus amount, it was returned tax-free to Association member-borrowers.
Since 1988, ArborOne has paid out over $87 million in patronage refunds to its borrowers, and plans to pay patronage again in the spring of 2016. For more information on our patronage program, please visit the patronage section of our website.
Knowledgeable ag lenders, patronage refunds, friendly service and competitive rates - that's the ArborOne advantage.
We are with you every step of the way throughout the lending process. From small tracts to large tracts, new construction to renovations, lot purchase to recreational properties – ArborOne can do it all.