Amscot Financial Launches 4th Annual ‘Just A Dollar’ Campaign To Support Local Education Foundations

Over the past three years, customers and the company have combined to raise more than $190,000 for local education foundations in the counties that Amscot serves.

Tampa, FL – (August 3, 2009) – Amscot Financial, a leading provider of convenient, consumer-oriented financial services, announces the launch of the fourth annual “Just a Dollar” campaign, designed to raise funds for local education foundations in the 15 Central Florida counties where Amscot has branches.

Continuing through the month of August, Amscot Financial associates will ask each customer if they would like to voluntarily contribute a dollar to their local education foundation. Amscot will track each contribution by county and ensure that it is donated directly to the education foundation serving the county in which the branch is located. Amscot will match the overall contributions up to the first $10,000.

In 2006, Amscot and its customers contributed $59,252 to local education foundations. In 2007, the combined total raised was more than $53,000, bringing the cumulative total to more than $113,000. In 2008, the money raised was $80,947, bringing the cumulative total to more than $193,000.

Funds raised will be used by local education foundations to support reading and scholarship programs, said Mary Chance, executive director of the Consortium of Florida Education Foundations.

“Education foundations in Florida are non-profit organizations that serve as a conduit for private sector investment in education. They focus their fund-raising efforts on programs that are not supported by tax dollars,” Chance said.

Chance credits Amscot for continuing to make a commitment to local education foundations.  “They have come forward with the idea of encouraging everyone to invest a little in education in their community. It’s an outstanding way to generate more investment in our local schools.”

Ian MacKechnie, founder and CEO of Amscot Financial, said: “We are big believers in doing what we can to build up our community, and we think our customers want to do their part as well. If we can get a lot of people contributing just a dollar, it can have a huge impact on our schools.”

Founded in 1989, Amscot Financial employs more than 2,000 associates who work at the company’s 174 retail branches and at the company’s corporate headquarters in Tampa.

Amscot Financial’s service centers are open seven days a week and are typically open Mondays through Saturdays from 7 a.m. to 9 p.m. Sunday hours are typically from 10 a.m. to 8 p.m. Select Amscot locations are open 24 hours a day. The company currently operates retail locations in Hillsborough, Pinellas, Pasco, Hernando, Polk, Hardee, Highlands, Manatee, Sarasota, Orange, Osceola, Seminole, Lake, Volusia and Brevard counties.

Amscot Financial offers an array of convenience-oriented financial services, including the cashing of personal checks, out-of-state checks and government checks; cash advances; Western Union wire transfers, notary services, pre-paid debit cards and income tax preparation. Amscot Financial also offers consumers the ability to purchase money orders – with no service fees.