Robert S. Raley

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.