Financial Services >> CEO Interviews >> September 11, 2000
RICK BROWN was named Treasurer and Chief Financial Officer of Union
Acceptance Corporation upon its formation. He was appointed Secretary in
1998 and also serves as a Vice President of the company. A Certified
Public Accountant, Mr. Brown served as Assistant Controller for Union
Federal since coming to the bank in 1990. From 1988 to 1990, he was a
Senior Auditor for Greenwalt Sponsel & Co., Inc., an accounting firm in
Indianapolis, Indiana. Mr. Brown worked for Ernst & Young LLP, formerly
Arthur Young & Co., from 1986 to 1988 as both a Staff Assistant and a
Senior Auditor. Profile
JOHN M. STAINBROOK was named President of Union Acceptance Corporation
upon its formation, was appointed to the Board of Directors in May 1994
and was appointed Chief Executive Officer in 1998. Beginning January
1986, he served as the Senior Vice President of Union Federal's Consumer
Lending Department, where he held primary management and budgetary
authority with respect to the indirect retail automobile financing
operations of Union Federal. Before coming to Union Federal in 1986, Mr.
Stainbrook was Vice President of Indirect Lending for Merchants National
Bank and Trust Company of Indianapolis, Indiana (now National City Bank,
Indiana) for 15 years, working primarily in the area of indirect
consumer lending. Profile
TWST: Give our readers a background summary on Union Acceptance Corp.,including its history, development, markets, and your own understanding
of the firm's future potential.
Mr. Stainbrook: