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Friday, April 24, 2009

Welcome to my blog

I’m Jack Shuler, president and CEO, of ArborOne Financial, a proud member of the Farm Credit System serving twelve counties in the Pee Dee Region of South Carolina. I’ve been with ArborOne for over 20 years, and a part of Farm Credit for more than 35 years.

With this first company blog, I hope to offer insight and open the door for questions and comments about ArborOne. We have put together a think tank of employees exploring new media opportunities for our company – so watch for us to soon be on facebook and twitter, and visit our website http://www.arborone.com/ .

This is a great place for me to mention our upcoming Annual Stockholder’s Meeting being held next Thursday, April 30th, at our main office 800 Woody Jones Blvd, in Florence. The meeting is open to stockholders of ArborOne and will begin at 10am.

ArborOne was founded to serve farmers and rural America; this remains our focus and mission. The economic situation today is tough and agriculture is not immune. Because of the economy we are being more deliberate with our credit decisions and consequently, some loans are taking longer than we like to process. That said, ArborOne continues to lend money to farmers and has a capital position greater than two times the regulatory required minimum. We are strong and will be here for our customers.

In future posts I’ll talk more about who we are, what we do - about patronage, cooperative principles and share a few thoughts on what’s going on in agriculture and the economy.

So join our blog and let me know what’s on your mind. Thanks!

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