Toyota Financial Services

Toyota Supports California Flooding Relief Efforts

Retrieved on:

Martedì, Febbraio 6, 2024

American Red Cross, Disaster, Toyota, Toyota Motor North America, LFS, SBP, TFS, Toyota Financial Services

PLANO, Texas , Feb. 6, 2024 /PRNewswire/ -- Toyota Motor North America and Toyota Financial Services announced efforts to assist those suffering from the impacts of recent storms and flooding in California. Toyota contributes annually to The American Red Cross and SBP, and these funds are utilized to support recovery efforts when disasters strike around the nation. To further assist affected communities, Toyota is matching contributions for donations made by U.S.-based employees to support The American Red Cross, SBP and other eligible nonprofits.

Key Points:

PLANO, Texas , Feb. 6, 2024 /PRNewswire/ -- Toyota Motor North America and Toyota Financial Services announced efforts to assist those suffering from the impacts of recent storms and flooding in California.
Toyota contributes annually to The American Red Cross and SBP , and these funds are utilized to support recovery efforts when disasters strike around the nation.
Additionally, Toyota Financial Services announced it is offering payment relief options to affected customers.
This broad outreach includes any Toyota Financial Services (TFS) or Lexus Financial Services (LFS) customer in the designated disaster areas.

Haig Partners Enhances West Coast Presence With the Addition of Jayson Crouch as Managing Director

Retrieved on:

Lunedì, Ottobre 16, 2023

Haig Partners LLC , the leading buy-sell advisory firm to owners of higher-value dealerships, is pleased to announce the addition of Jayson Crouch, a respected leader in automotive retail finance, as Managing Director.

Key Points:

Haig Partners LLC , the leading buy-sell advisory firm to owners of higher-value dealerships, is pleased to announce the addition of Jayson Crouch, a respected leader in automotive retail finance, as Managing Director.
Alan Haig, President of Haig Partners, said, "I am thrilled to welcome Jayson as our new Managing Director.
“Haig Partners has consistently demonstrated its commitment to delivering unmatched expertise and guidance throughout the Southwest and West Coast.
I am proud to establish the West Coast office for Haig Partners."

FHLBank San Francisco Doubles Empowering Black Homeownership Matching Grant Program with New $2 Million Commitment

Retrieved on:

Mercoledì, Settembre 20, 2023

With participation by FHLBank San Francisco member institutions in Arizona, California, and Nevada, the 2023 program has the potential to deploy up to $4 million to increase Black homeownership and help bridge the racial wealth gap.

Key Points:

With participation by FHLBank San Francisco member institutions in Arizona, California, and Nevada, the 2023 program has the potential to deploy up to $4 million to increase Black homeownership and help bridge the racial wealth gap.
We are proud to double our commitment to this transformative program, and we look forward to matching up to $2 million in grants aimed at supporting Black community members on their path to reaching and sustaining homeownership and economic security.”
The Empowering Black Homeownership program is one component of FHLBank San Francisco’s commitment to advancing racial equity.
To that end, the Empowering Black Homeownership matching grant program was created in 2022 to allow FHLBank San Francisco member financial institutions to request dollar-for-dollar matching grants up to a total of $125,000 per member.
The Empowering Black Homeownership matching grant program is just one example of the Bank's mission of promoting homeownership.

Abacus Life Appoints Christopher Romaine as General Counsel

Retrieved on:

Lunedì, Settembre 11, 2023

ABL, Policy, Growth, General counsel, Education, MBNA, Toyota Financial Services, Management, Abacus

ORLANDO, Fla. and BOCA RATON, Fla., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading buyer of life insurance policies, policy originator and alternative asset manager specializing in specialty insurance products, today announced that Christopher Romaine has been appointed as General Counsel and will advise and serve on the Company’s executive leadership team.

Key Points:

ORLANDO, Fla. and BOCA RATON, Fla., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading buyer of life insurance policies, policy originator and alternative asset manager specializing in specialty insurance products, today announced that Christopher Romaine has been appointed as General Counsel and will advise and serve on the Company’s executive leadership team.
Romaine brings 25 years of leadership experience in global specialty insurance, financial services and corporate development and previously held senior roles at Fortegra, including serving as General Counsel and Chief Operating Officer.
Prior to Fortegra, Romaine served as counsel at MBNA and Toyota Financial, where he advised on securities, capital markets and corporate governance matters.
Romaine will work with the leadership team at Abacus to enhance its legal, compliance and other operations.

Dave Announces John Ricci's Retirement, Names Joan Aristei as Successor and Chief Legal Officer

Retrieved on:

Giovedì, Settembre 7, 2023

Fintech, JPMorgan Chase, General counsel, Toyota Financial Services, Culture, Assistant, Knowledge, Growth

Joan Aristei has been named Chief Legal Officer, effective September 25, 2023.

Key Points:

Joan Aristei has been named Chief Legal Officer, effective September 25, 2023.
Previously serving in both private and public sectors during his nearly 30-year legal career, John brought invaluable financial law expertise to Dave.
Joan Aristei most recently served as General Counsel and Chief Risk Officer at Oportun.
I look forward to leading the legal team and collaborating with leadership as Dave continues its growth."

Toyota Financial Services Offers Payment Relief to Customers Affected by Hawaii Wildfires

Retrieved on:

Martedì, Agosto 15, 2023

Wildfire, LFS, TFS, Toyota Financial Services, Safety, Online shopping, Mail

PLANO, Texas, Aug. 15, 2023 /PRNewswire/ -- Toyota Financial Services (TFS) announced it is offering payment relief options to its customers affected by the recent wildfires in Hawaii.

Key Points:

PLANO, Texas, Aug. 15, 2023 /PRNewswire/ -- Toyota Financial Services (TFS) announced it is offering payment relief options to its customers affected by the recent wildfires in Hawaii.
This broad outreach includes any Toyota Financial Services (TFS) or Lexus Financial Services (LFS) customer in the designated disaster areas.
Toyota Financial Services cares about the safety and well-being of its customers and wants to help those suffering from this natural disaster.
Lexus Financial Services customers may call 800-874-7050 or contact LFS via email using the Mail Center function after logging into LexusFinancial.com.

Advancing STEM Education: Toyota Invests Up To $6.7 Million In Alabama Schools

Retrieved on:

Giovedì, Agosto 10, 2023

Partnership, Education, Toyota Financial Services, Toyota Motor North America, Student-centered learning, TMNA, Social innovation, Science, Student, TFS, New Teacher Center, Engineering, Economic development, STEM, Century, Nursing, Management, Tutoring

HUNTSVILLE, Ala., Aug. 10, 2023 /PRNewswire/ -- Toyota USA Foundation announced grants of up to $6.7 million to prepare Huntsville City Schools' students for future careers in science, technology, engineering and math (STEM). The collaboration is part of Toyota's Driving Possibilities initiative and is a five-year phased rollout of programing in select schools.

Key Points:

HUNTSVILLE, Ala., Aug. 10, 2023 /PRNewswire/ -- Toyota USA Foundation announced grants of up to $6.7 million to prepare Huntsville City Schools' students for future careers in science, technology, engineering and math (STEM).
The collaboration is part of Toyota's Driving Possibilities initiative and is a five-year phased rollout of programing in select schools.
"The Driving Possibilities framework provides a holistic approach to addressing gaps in education," said Jason Puckett, president of Toyota Alabama.
The initiative is funded by Toyota USA Foundation, Toyota Motor North America (TMNA) and Toyota Financial Services (TFS).

Toyota Indiana Celebrates First-Ever Grand Highlander with the Announcement of a Multimillion-Dollar Community Investment

Retrieved on:

Mercoledì, Agosto 2, 2023

PRINCETON, Ind., Aug. 2, 2023 /PRNewswire/ -- Toyota Indiana today celebrated the start of production of the first-ever Grand Highlander, an all-new three row SUV. In 2021, Toyota announced an $803 million investment in Indiana to produce two all-new SUV's. First up, the 2024 Grand Highlander, featuring the latest technology, a spacious, adult-sized third row, and plenty of cargo space for family adventures.

Key Points:

PRINCETON, Ind., Aug. 2, 2023 /PRNewswire/ -- Toyota Indiana today celebrated the start of production of the first-ever Grand Highlander, an all-new three row SUV.
In 2021, Toyota announced an $803 million investment in Indiana to produce two all-new SUV's.
First up, the 2024 Grand Highlander, featuring the latest technology, a spacious, adult-sized third row, and plenty of cargo space for family adventures.
"Toyota is always looking to the future, by introducing new products like the Grand Highlander, and innovative community initiatives like Driving Possibilities," said Toyota Indiana president, Leah Curry.

Advancing STEM Education: Toyota Invests Up to $5.7 Million in Kentucky Schools

Retrieved on:

Lunedì, Luglio 24, 2023

Education, Toyota Financial Services, Toyota Motor North America, TMNA, Social innovation, Science, Ignite Institute, Literacy, School, Student, TFS, Engineering, STEM, Transport, Nursing, Management, Tourism

GEORGETOWN, Ky., July 24, 2023 /PRNewswire/ -- Toyota USA Foundation announced grants of up to $5.7 million to prepare students in Scott County, Fayette County and Ignite Institute in Northern Kentucky for future science, technology, engineering and math (STEM) careers. Driving Possibilities focuses on PreK-12 education to ensure all students have access to rewarding careers, including opportunities in the auto industry.

Key Points:

Driving Possibilities focuses on PreK-12 education to ensure all students have access to rewarding careers, including opportunities in the auto industry.
"Our goal is to increase awareness of future STEM careers while helping build sustainable programs in the communities where our Toyota team members live and work," said Tellis Bethel, group vice president of social innovation, Toyota.
"Toyota understands the future of our economy is in our classrooms," said Jacqueline Coleman, Kentucky Lt.
The initiative is funded by Toyota USA Foundation, Toyota Motor North America (TMNA), and Toyota Financial Services (TFS).

Consumer Loyalty to Finance Companies Fell Sharply During Pandemic, according to S&P Global Mobility

Retrieved on:

Giovedì, Luglio 20, 2023

Omni, Ford, RTM, Navy, Credit, Toyota Financial Services, TransUnion, FCU, GM Financial, Lease, Car rental, Real estate

SOUTHFIELD, Mich., July 20, 2023 /PRNewswire/ -- Whether customers were leasing or buying vehicles, their loyalty to automotive finance institutions eroded significantly during the pandemic.

Key Points:

Pre-pandemic, the captives were able to artificially inflate residuals, making leasing a more attractive option for discount-conscious consumers, particularly among luxury brands.
Indeed, the rate of leasing dropped sharply downward - from 30% penetration in 2019 to just 18% in 2022, as more customers resorted to borrowing or paying cash for new vehicles, according to S&P Global Mobility AutoCreditInsight data with TransUnion.
While leasing penetration skidded, loyalty to finance institutions on the leasing side declined from 56.9% in 2019 to 52.6% in 2022, according to S&P Global Mobility AutoCreditInsight data.
Finance institutions are fully aware of the comparative lack of loyalty on the loan side.