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Heustess named FMU School of Business Outstanding Alumnus

            FLORENCE, S.C. – Kathy Heustess originally of Green Sea received Francis Marion University’s Morgan B. Coker School of Business Outstanding Alumnus Award for 2008.

            The award was presented during a breakfast on Feb. 29.

            Heustess graduated from FMU in 1981 with a B.S. degree in business administration. She is a Certified Public Accountant, and received a diploma from the Graduate School of Banking at Louisiana State University.

            Heustess began her career as an accountant and controller with local C.P.A. firms and in the private business sector before landing her job with ArborOne in 1989.

            A full service mortgage originator, ArborOne assists its customers with conventional home loans, home improvement loans, refinancing, construction, farm equipment and loans for rural land and homes.

            Heustess is the chief operating and chief financial officer at ArborOne and is responsible for the finance, operations, lifestyle and core agricultural lending, secondary market lending, human resources and marketing areas. In her position, she oversees Sarbanes/Oxley compliance, provides first line communication with the federal regulator and is responsible for presenting financial reports and other pertinent information.

            In 2001, Pee Dee Farm Credit, now ArborOne, organized Farm Credit Group, a consortium of five Farm Credit Associations to buy and sell large loans. Heustess developed the accounting procedures for the consortium and led the association's accounting staff in managing the daily accounting of the consortium.

            In 2006, ArborOne joined two other associations to form the Rural America Capital Group for making investments in rural America. Again, Heustess led the charge for the accounting policies and procedures for this venture.

            Heustess was given the added responsibility of managing the Lifestyle and Core Agricultural Lending and the Secondary Mortgage Marketing staff in 2007. The Lifestyle and Core Agricultural unit is comprised of lending and support staff who originate and service agricultural, farm operating and home mortgage loans in the 12 counties of the Pee Dee area of South Carolina.

            Just this year, the title of chief operating officer was added to her job title, giving her oversight of human resource and marketing team members.

            Heustess is the daughter of the late Victor Shelley and her mother is Lufsey Shelley of Green Sea. She and her husband Billy live in Florence with their two sons, Matt and Grant.

#128 / 2-29-08
Last Published: February 29, 2008 2:37 PM
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