WASHINGTON, D.C. — Along with installing its new chair,
American Financial Services Association honored three executives during its
annual meeting this week.

Given AFSA's Distinguished Service Award in recognition of
their significant contributions to AFSA and the consumer finance industry were:

—Jonathon Levin, president and chief executive officer of
Turner Acceptance Corp.

—John Noone, principal of Noone Consulting Group

—Sharon Mancero, senior vice president of Wells Fargo
Preferred Capital.

AFSA presented these members the Distinguished Service
Award, the association's highest honor, during its 97th annual meeting.

Levin serves on the AFSA board of directors, independents
section advisory board — which he chaired 2011 and 2012 — the independent auto finance executives group, the vehicle finance division advisory board and the
AFSA education foundation endowment committee.

Noone served as the 2011—2012 AFSA chairman and as chair of
the association's operations and regulatory compliance steering committee. He
helped develop the new committee's strategy and plot its course for the future.
Noone previously served on the AFSA board of directors, executive committee and
vehicle finance division advisory board, each for three years.

Mancero serves as the chair of AFSA's business partner
advisory board and on the association's board of directors. She joined the
association in 2000, and has served on the business partner advisory board
since 2004.

New AFSA Chair Installed at Annual Meeting

Also during the event, Gary Phillips, chairman and CEO of
Republic Finance was installed as the association's 2013-2014 chairman.
Phillips will preside over the AFSA board of directors and executive committee meetings,
serve as an ex-officio member of all AFSA committees, and represent AFSA at
industry and association-sponsored conferences and meetings during his one-year
term.

Phillips has been involved in the association's leadership
since 1993, when he joined AFSA's board of directors. From 1993-1994, he
chaired the independents section advisory board.

Phillips joined Republic Finance in 1985 and was named CEO
in 1989. Before joining the consumer finance industry, he was an auditor with
Arthur Anderson and held a number of positions at oil company Conoco.

New Members Welcomed

AFSA also welcomed two new active members: Security National
Automotive Acceptance Co. and Porsche Financial Services.

The association also announced defi Solutions and Protocol
Recovery Services joined the effort as new business partners. AFSA also welcomed
Deloitte Corporate Finance back as a business partner.

Security National Automotive Acceptance Co. is a specialty
finance company that purchases and services retail sales finance contracts from
dealers in the sale of new and used vehicles to military personnel. The company
is active in 30 states and is based in Mason, Ohio.

Porsche Financial Services provides financing to both
dealers and consumers through its Atlanta-based U.S. headquarters.

defi Solutions, located in Grapevine, Texas, offers several
different scalable technology solutions for loan origination and maintenance.

Protocol Recovery Services, which is headquartered in
Woodstock, Ga., has been in the collection business since 1999.

Deloitte Corporate Finance specialists bring scale, reach
and local market insight, combined with market-leading industry sector and
product experience. The company is headquartered in Charlotte, N.C.


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