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Peoria Executive Receives Financial Services Industry Award

WASHINGTON, April 16, 2014 – Timothy Stanley, president & CEO, Heights Finance Corporation, was recently honored with the American Financial Services Association (AFSA)’s Outstanding Independent Award.

The Outstanding Independent Award is given to an individual who has contributed significantly to the success of the financial services industry and the AFSA Independents Section (for independently owned and operated consumer finance companies) through active involvement and participation in the community and the association. Stanley received the award during AFSA’s 31st Annual Independents Conference & Exposition, held April 8-10 in Palm Springs, Calif.

Stanley joined Heights Finance Corporation in April 2003 as its president, and in August 2004 was named president and chief executive officer. He also serves as executive vice president of MidCountry Financial Corp. and MidCountry Bank, Heights' parent and sister companies, respectively. In 2010, he added chief operating officer (COO) of MidCountry Financial Corp. to his duties. As COO, he is responsible for the oversight of the legal, information technology, and human resources functions of MidCountry Financial, as well as ongoing corporate-wide initiatives.

Before assuming his role at Heights, Stanley worked with Wells Fargo Financial, Inc., for 23 years, starting in various branch office positions and progressing to his role as corporate vice president of global learning and development.

Stanley led the association as the 2013 chairman of the board. On behalf of the association, he interviewed Consumer Financial Protection Bureau director Richard Cordray during the 2013 Independents Conference and met with key members of Congress. Stanley has been involved in the association’s leadership since 2004, when he joined AFSA’s Board of Directors and Independents Section Advisory Board. From 2007-2009, he chaired the Independents Section Advisory Board. Currently, Stanley chairs the Advisory Board for the AFSA Education Foundation’s EDGE professional development program at Mercer University.

Based in Washington, D.C., AFSA (www.afsaonline.org) is the national trade association for the consumer credit industry, protecting access to credit and consumer choice. Its 350 members include consumer and commercial finance companies, auto finance/leasing companies, mortgage lenders, credit card issuers, industrial banks and industry suppliers.

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Media Contact
Karen Klugh
202-776-7308
[email protected]



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