ARLINGTON, Va. — In a statement released this morning, the Consumer Bankers Association announced that it is seeking a new president. Why? According to the group: "On Jan. 7 the Consumer Bankers Association lost its leader of more that 21 years. ... [Read More]

JACKSONVILLE, Fla. — MarkOne Financial's Board of Directors recently named a new general manager. Taking on the position is Joe Giliberto. Bruce Newmark, MarkOne's managing director, said, "Joe's deep and relevant experience, enthusiasm and leadership will make significant contributions to growth ... [Read More]

FORT WORTH, Texas — Reporting second-quarter results, AmeriCredit announced that it is reducing the number of credit centers and continuing to trim originations in response to increased charge-offs, higher delinquency rates and lower recovery values at auction. Plainly speaking, Dan Berce, ... [Read More]

NEW YORK — While overall, GMAC officials appear thrilled to have gained bank holding status, which has opened up the level of credit spectrum the company can fund via the auto division, on the other side of the coin, it also ... [Read More]

Alexandria, Va. — U.S. consumer bankruptcy filings increased again by double-digits in January over the same month in 2008. More specifically, filings jumped by 34.4 percent nationwide in January from the same period a year ago, according to the American Bankruptcy ... [Read More]

WOODCLIFF LAKE, N.J. — Mini Financial Services recently launched "Mini Liquid Assets," which is the financial arm's take on an old-school favorite. This game is available for download at no charge from the iTunes App store. "'Mini Liquid Assets' is a ... [Read More]

DEARBORN, Mich. — Ford Motor Credit announced today that it is restructuring U.S. operations, which will result in a reduction of staff and agency positions of about 20 percent. Overall, about 1,200 positions will be eliminated, according to the company. These ... [Read More]

LOS ANGELES — Westlake Financial Services announced the national rollout of its integration with RouteOne's credit application management system. The national rollout kicked off last week. Ian Anderson, president of Westlake Financial, explained that Westlake's integration with RouteOne is part ... [Read More]

COLUMBUS, Ohio — Flexco Fleet Lease Exchange Co. announced it has engaged Innovative Funding Services to provide funding and other services for the employees of their client companies. Flexco said it provides a reliable remarketing outlet for companies who look to ... [Read More]

MARIETTA, Ga. — In early December of 2008, the chief executive officer of AutoMax Group entered into an agreement to acquire the AutoMax trade name and the company, which is now incorporated in Georgia. On Dec. 12, AutoMax agreed to acquire ... [Read More]