HOUSTON, May 13, 2011 /PRNewswire/ -- First Investors Financial Services Group, Inc. (Pink Sheets: FIFS) announced today that it had entered into a definitive binding agreement with certain accredited investors to sell 1,666,667 shares of common stock to the investors at $7.50 per share. First Investors is JSOV's second investment. SOURCE First Investors Financial Services Group, Inc. Cision Distribution 888-776-0942 direct lending as well as portfolio acquisitions and third party servicing. This communication contains forward-looking statements. 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This is truly about the team. Moore mentioned that hes completed 13 marathons and 25 triathlons. tommy moore jr first investorsamerican eagle athletic fit shirts. Mr. Fath served in the U.S. Army from 1986 to 1992 and received his Bachelor of Science in Accounting from the Ohio State University. Since then, the company has taken on vehicle installment contracts delivered at its network of dealerships, offering a wide range of financing programs that generally target consumers with credit scores of 510 and greater, including a strong emphasis on consumers who have gone through a bankruptcy process. Its not much to do about me. Find more info on AllPeople about Tommy A. Moore Jr and First Investors Corporation, as well as people who work for similar businesses nearby, colleagues for other branches, and more people with a similar name. The firm's approach is to identify opportunities that arise from complexity, dislocation, or changes in technology and regulation. Over 500 thousand customers financed (and counting) We are easy to do business with. For Washington Residents: Consumer Loan License # CL-128351. Tommy Moore Jr. initially thought what sprouted to be First Investors Financial Services would just be a sideline business in auto finance. Summary. Performance & security by Cloudflare. Online Bill Pay. We have recently begun expanding our sales staff to support the expansion of our market presence and dealer base, and are looking forward to what we believe will be an exciting fiscal 2012.". His previous experience includes middle market corporate finance and real estate construction and development finance. The Company is a consumer finance company engaged in originating and holding for investment automobile finance receivables and promissory notes originated by franchised automobile dealers or through refinancing transactions with the vehicle owners. Its all about the team, Moore said. The action you just performed triggered the security solution. For the fiscal year ended April 30, 2011, we increased new loan originations by 182%, to $143.2 million, compared to the prior year period, We recently announced a great addition to our executive management team, David Satterfield, who will be responsible for overseeing our growth going forward from a marketing and credit perspective. And now the industry is praising Moore, as well, as he was named this years winner of the annual Subprime Auto Finance Executive of the Year Award, which is again sponsored by Black Book Lender Solutions. from 8 AM - 9 PM ET. Tommys accomplishments in the industry are well-documented and also well-deserved, Kalfus continued. You can email the site owner to let them know you were blocked. Prior to joining First Investors, Mr. Satterfield served as Senior Vice President, Dealer Channel Originations for Triad Financial where he was responsible for managing indirect originations, credit underwriting, funding and dealer channel marketing. Environmental Stewardship of Manufacturing Operations. At Stellantis Financial Services US, Tommy Moore has 11 colleagues including Blaise Rodon (Co-COO), Perry Sexton (CIO) Industry Colleagues In the Financial Services industry, Tommy Moore has 46,020 colleagues in 3,484 companies located in 106 countries. +1 248 821 8507 He was concentrated on another banking career in Houston at the time, focused on retail and commercial lending. The statements contained in this release, which are not historical statements of fact, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Jobs. For Over 34 Years Auto Finance Has Been Our Only Business. Performance & security by Cloudflare. +1 713 273 5114 Used Car Week 2016 in Las Vegas. 216.177.141.39 The company also has a portfolio acquisition. Street Address 1 Street Address 2; 675 Bering Drive: Suite 710: City State/Province/Country ZIP/PostalCode; Houston: TEXAS: 77057: . bennie.duck@fifsg.com. Executive Summary. This website is using a security service to protect itself from online attacks. First Investors is easy to do business with. The NMLS Identifier # for The First Investors management team is fully committed to ensuring a smooth and rapid integration into Stellantis. Senior Vice President - Chief Accounting Officer. "Enhancing customer. ", Sy Jacobs, Founder and Managing Partner of JAM, said: "It is great to be working with Gallatin Point and the same management team I so admired and enjoyed working with during my 10 years on the board while the Company was publicly-traded.". In 2000, he was promoted to IT Operations Manager with responsibility for all computer systems, data communications and telecommunication networks for the organization. or concern that you would like for us to review, please submit it as follows: First Investors Attn: Compliance Department Tommy Moore Jr. First Investors Financial Services also has a direct financing platform, targeting customers with an array of campaigns. Gender Male; Mr. Moore serves as President and Chief Executive Officer of First Investors which he co-founded in 1989. Mr. Satterfield is responsible for all marketing, credit underwriting, indirect funding and direct lending call center operations for the Company. View Tommy Moore's profile for company associations, background information, and partnerships. Moore reiterated many times how the success First Investors Financial Services has posted stems from its workforce. I like to fly under the radar screen.. First Investors Financial Services Group, Inc. has 150 employees, of which 3 are in a leadership position. Click to reveal Legal tools for community businesses and nonprofits. Tommy A. Moore Summary Founder of First Investors Financial Services Group, Inc., Tommy A. Moore presently is President & Director at FIFS Holdings Corp. and President & Chief Executive Officer at First Investors Financial Services Group, Inc. Tommy A. Moore: Personal Network Tommy A. Moore : Connections Furthermore, Moore is greatly involved with Houston-area Goodwill, a non-profit organization strives to enhance the dignity and quality of life of individuals and families by helping people reach their full potential through education, skills training and the power of work. The subprime auto industry continues to perform extremely well, especially given the long run of growth since the end of the recession, and Tommys contributions over the years are certainly a leading reason why we continue to experience a robust industry, and also why his customers have such a high level of satisfaction year after year.. The Company is headquartered in Houston, Texas and has been in business for 32 years. kevin.frazier@stellantis.com, Tommy MOORE It looks like you have javascript disabled. FIRST INVESTORS FINANCIAL SERVICES GROUP INC /s/Tommy A. Moore, Jr. Tommy A. Moore, Jr. Chief Executive Officer: 2011-05-13: First Investors Financial Services also has a direct financing platform, targeting customers with an array of campaigns. Tommy Moore, Jr., President and CEO of First Investors, noted: We are excited to join the Stellantis team. . The purchases will occur in two tranches, the first of which closed today and covered 666,667 shares and gross proceeds of $5 million. There are 40 other people named Tommy A. Moore Jr. on AllPeople. Tommy Moore Active Houston, TX President for First Investors Servicing Corporation Overview 14 Companies 62 Connections 5 Locations Contribute Follow Tommy Moore Overview Tommy Moore has been associated with fourteen companies, according to public records. Find more info on AllPeople about Tommy A. Moore Jr. and First Investors Financial Services Group, Inc., as well as people who work for similar businesses nearby, colleagues for other branches, and more people with a similar name. Mr. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Mr. Fath is a Certified Public Accountant in the State of Ohio. Prior to joining the Company, he served as a Network Administrator for several large organizations including the Center for Disease Control (CDC), BellSouth, and Lockheed Martin. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. The Company is headquartered in Houston, Texas and has been in business for over 32 years. Stellantis aspires to become the greatest, not the biggest while creating added value for all stakeholders as well as the communities in which it operates. BofA Securities served as exclusive financial advisor and Sullivan & Cromwell LLP as legal advisor to Stellantis. First Investors has an outstanding financial and operational platform, underpinned by a strong management team, with vast experience in the auto finance space. Moore formed First Investors Financial Services back in 1988 to serve the special finance needs of dealers and consumers. We are excited about the fundamentals in the subprime market and are focused on accelerating the growth in both our indirect and direct portfolios while also pursuing other opportunities to acquire or originate attractive assets. Ill be somewhat embarrassed when its announced publicly. Bloomberg Daybreak Middle East. Mr. Moore serves as President and Chief Executive Officer of First Investors which he co-founded in 1989. CB Rank (Investor) 189,969. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. We will be utilizing the proceeds from this equity issuance along with our warehouse credit facility and the term securitization market to fund what we expect to be strong growth in our portfolio over the next several years. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. You can email the site owner to let them know you were blocked. HOUSTON, Jan. 5, 2021 /PRNewswire/ -- FIFS Holdings Corp., parent company to First Investors Financial Services Group ("First Investors" or the "Company"), today announced that the acquisition of the Company by funds affiliated with Gallatin Point Capital ("Gallatin Point") and minority investor Jacobs Asset Management ("JAM") closed on December 31, 2020 following receipt of all required consents and regulatory approvals. He was previously employed for 11 years at CitiFinancial Auto where he served as Senior Vice President, Director of Strategic Business Group and at Auto One Acceptance Corporation, which was acquired by CitiFinancial, as Executive Vice President and Chief Credit Officer. He is responsible for all accounting and tax activities of the Company. Mr. Sexton joined First Investors April 1999 as a Network Administrator. Mr. Miller joined the company in August of 2017 in his current capacity. This website is using a security service to protect itself from online attacks. While Moore thinks he might not be detected much, First Investors Financial Services certainly is part of the auto finance and dealership worlds. Its about the members.. ", Matt Botein, Co-Founder and Managing Partner of Gallatin Point, said: "First Investors has an outstanding financial and operational track record and a distinguished reputation for how it conducts its business. He runs almost daily anywhere from three to five miles, saying, I run for my head more than my body., When not lacing up those running shoes, Moore and his family will climb aboard their boat for a journey in the Gulf of Mexico, which he described as nourishment for my soul.. Your session is about to expire. Any such forward-looking statements involve a number of risks and uncertainties, and the actual results of future events could differ materially from those stated in any forward-looking statements herein. In 2020, JAM launched JAM Special Opportunity Ventures ("JSOV") to forge partnerships with top management teams, innovators and asset managers in the financial services industry. Direct ownership of a finance company in the U.S. is a white-space opportunity which will allow Stellantis to provide our customers and dealers a complete range of financing options, including retail loans, leases, and floorplan financing in the near-to-medium term.. Tommy Moore, Jr., President and CEO of First Investors, noted: "We are excited to close the merger transaction which will allow the management team to resume its strategy of prudently growing . He also served for a time, as manager of a leasing company owned by a Houston automobile dealership. Proceeds from the sale will be utilized by the Company to fund growth in its portfolio of automobile receivables and for general corporate purposes. Beaming as proudly as parents might about their childrens successes, Moore praises the efforts of the entire staff at First Investors Financial Services. Read the Press Release. Im incredibly proud of the company, he said. Executive Vice President and Chief Financial Officer. Im incredibly proud. Your IP: Its also been pretty exciting and incredible to see how this industry has evolved over the years. Becoming part of Stellantis provides long-term stability for our company and employees. First Name Middle Name; Moore: Tommy: A. 69.27.35.207 Fundamental to our mission are our core values, Document, Refine, and Reengineer Systems, Processes, Practices and Services, Conduct Business in a Professional Manner with Honesty and Integrity, Provide a Safe, Productive, and Rewarding Work Environment, Develop and Maintain Profitable Relationships with Customers, Create a Clear, Sustainable Competitive Advantage, Embrace Innovation, Creativity and Change, Respect structure and reporting relationships yet ensure that organizational boundaries never become a barrier to success. Consumer Concerns At First Investors, we take all consumer concerns seriously. He highlighted that there are 26 members on the senior management team who on average have been with the company for 16 years. Founded in 1995, Jacobs Asset Management ("JAM") manages a long/short equity hedge fund and several other vehicles that seek to make long-term, high-return investments exclusively in financial services businesses. The investors include JAM Special Opportunities Fund II, a private equity fund controlled by Seymour Jacobs, a director of the Company and other affiliated investors. Tommy Moore, Jr., President and CEO of First Investors, noted: "We are excited to join the Stellantis team. To be the preeminent leader in the automobile finance industry by focusing on solid fundamentals and superior and sustainable shareholders returns - without compromising quality. Served as exclusive Financial advisor and Sullivan & Cromwell LLP as Legal advisor to Stellantis might! Are easy to do business with and tax activities of the entire staff at First Financial! A Certified Public Accountant in the U.S. Army from 1986 to 1992 received! 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