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AFSA Board of Directors Changes

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The AFSA Board of Directors has unanimously approved the election of Gary McQuain to the AFSA Board of Directors. He is replacing Bob Bloom on the Board. Bob will remain on the Executive Committee until September 30, 2018.

McQuain is currently CEO & President of Southern Management Corporation. He is a seasoned financial services executive with 29 years of professional experience in operational management, business development, and administrative oversight in the consumer finance and retail-banking sectors.

McQuain started his career with Blazer Financial Services as a Manager trainee in 1989. He spent the next 19 years in various roles both in the field operations as well as at Corporate Headquarters. During this time, Blazer was acquired by Citigroup and integrated into the CitiFinancial business unit. In 2008, he transitioned to Citibank in New York and then moved to Singapore in Citibank’s Asia Pacific Region where he had oversight of the Sales and Distribution function for the thirteen countries that make up the APAC Region. In 2011, Gary assumed responsibility for the Retail Bank, CitiFinancial and Commercial Lending across Indonesia.

McQuain moved back to the United States in 2016 where he joined MidCountry Financial Corp. as Executive Vice President of Operations with responsibility for Technology, Human Resources, Corporate Communications and Project Management functions. In 2017, he added oversight of MidCountry’s subsidiary Pioneer Financial Service where he was named President. In October of 2017, Gary joined Southern Management Corporation as President and CEO.

McQuain’s education background includes an MBA in Business Administration from Averett College in Virginia and a BS in Finance from Concord College in West Virginia.

AFSA Board of Directors Changes
Mar 06, 2018

The AFSA Board of Directors has unanimously approved the election of Gary McQuain to the AFSA Board of Directors. He is replacing Bob Bloom on the Board. Bob will remain on the Executive Committee until September 30, 2018.

McQuain is currently… Read the rest

AFSA Comments on New York City Proposed Rules for Secondhand Auto Dealers
Feb 28, 2018

On February 28, AFSA submitted a comment letter to the New York City Department of Consumer Affairs regarding the Department’s proposed rulesfor secondhand auto dealers. The proposed rules would implement Local Laws 197 and 198 of… Read the rest

Mulvaney Jabs Warren for Lack of ‘Civil Discourse’ in Payday Loan Debate
Feb 26, 2018

Mick Mulvaney, acting director of the Consumer Financial Protection Bureau (CFPB), sent a letter to Sen. Elizabeth Warren (D-Mass.) defending himself against accusations that the bureau's actions on payday lending curbs under hisRead the rest

Compliance Considerations: Federal Reserve Board Seeks Comments on Reg. M Proposed Rule
Feb 15, 2018

Philip Bohi, VP Compliance Education

On January 3, 2018, the Federal Reserve Board (“Board”) issued for public comment a Proposed Rule affecting Consumer Leasing Regulation M (“Reg. M”). But, you may observe,… Read the rest

Preparing for your state exam: experts offer pragmatic advice
Feb 15, 2018

Some state examiners feel that multi-state exams are a more efficient process today than they were several years ago. The question is: are they better for industry? Some say worse; others say better. But all agree, there are still some drawbacks… Read the rest

AFSA Education Foundation to Survey Members About Financial Education Offerings
Feb 14, 2018

As an industry, we understand the importance of personal financial education and, yet, we know there is opportunity to do so much more. To that end, the AFSA Education Foundation Board is committed to ensuring that it is easy and impactful for… Read the rest

AFSA Launches Enhanced Industry Buyers Guide
Feb 07, 2018

AFSA is pleased to announce its newly enhanced Online Industry Buyer’s Guide that is prominently displayed on AFSA’s Homepage. The Guide provides contact information and identifies the products and services provided by AFSA’s… Read the rest

Registration Open for AFSAEF’s The EDGE and the UNC Leadership program!
Feb 06, 2018

Registration has opened for the American Financial Services Association Education Foundation’s (AFSAEF) THE EDGE program. THE EDGE provides high quality training for branch managers and team leaders by providing layered modules… Read the rest

Ron Insana provides entertaining, non-stop commentary
Feb 05, 2018

AFSA’s first ever Law & Compliance conference closed last week with Ron Insana offering his unique perspectives on the economy, Washington and the global geo-political challenges facing the United States. Insana is a contributor… Read the rest

Top Fraud Risks Facing Financial Institutions in 2018
Jan 26, 2018

A new year brings with it new challenges and some old ones as well. In 2018, financial institutions will continue to face Synthetic Identity Fraud, Loan Fraud and ADA Website Accessibility Compliance risks. Are you prepared?

ADA website accessibilityRead the rest

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