Financial Services >> CEO Interviews >> September 11, 2000

Robert Raley Jr. – Tfc Enterprises Inc (tfce)

ROBERT S. RALEY, JR. is the Chairman and Chief Executive Officer of TFC Enterprises, Inc. TFC Enterprises, Inc. is the parent of The Finance Company, Norfolk, Virginia, of which Mr. Raley founded in February 1977 and serves as its Chairman and Chief Executive Officer; First Community Finance, Richmond, Virginia, where he serves as Chairman and Executive Vice President; Recoveries, Inc., where he serves as Chairman and Chief Executive Officer; and PCAcceptance.com, Inc., where he serves as Chairman and Chief Executive Officer. Previously, Mr. Raley was Vice President and Director of Operations for Major Finance Company, Silver Spring, Maryland, from 1959 to 1977. He now has nearly 41 years of experience in the consumer finance industry. Mr. Raley has served on the American Financial Services Association Board of Directors since 1982. He previously served on AFSA's Independent Section Board of Advisors from 1982 to 1986 and was its first Chairman. Committees he has served on include the association's Executive Committee, Government Affairs Committee, Operations Committee and Budget Committee. In 1985, Mr. Raley received the first Outstanding Independent Award. In 1993 he received the Distinguished Service Award, the association's highest award. Mr. Raley has served on the Virginia Financial Services Association Board of Directors since 1979 and served as its Chairman and President from 1981 to 1984. In 1986, he received the Distinguished Service Award, the association's highest award. Mr. Raley has also been active and served on the Boards of several other state finance associations. Over the years, Mr. Raley has been active in fund-raising for several nonprofit associations, including the Virginia Association for Retarded Citizens and Children's Miracle Network. Profile
TWST: Could we begin by asking you to provide our readers with an

overview of TFC Enterprises, including development, markets, your own

experience with the company and your view of the firm's