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  September 5, 2001
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Home > Company Index > Financial Services > Mortgage Banking & Related Services > Banner Central Finance Company

Banner Central Finance Company
OTC: BCFN
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 PROFILE
Banner Central Finance (former subsidiary of the liquidated Central Financial Acceptance) provides mortgages directly and through third-parties; it also buys and services receivables portfolios. The company specializes in catering to the low-income Hispanic population of Los Angeles. Banner Central Finance has non-competition and management agreements with fellow ex-Central Financial Acceptance subsidiary Hispanic Express Inc., which itself sells discounted airline tickets to Hispanics in the US traveling to Latin America. Chairman, president and chief financial officer Gary Cypres owns almost one-quarter of Banner Central Finance's stock.

 COMPETITION
AmeriCredit Corp. (ACF)
Citigroup Inc. (C)
First Union Corporation (FTU)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 9.20
1-Yr. Sales Growth: (19.7)%
Employees: 36
Revenue per employee: $255,555.56

 KEY PEOPLE
• Gary M. Cypres
    CEO
• Gary M. Cypres
    CFO

 CONTACT INFO
5480 E. Ferguson Dr.
Commerce, CA 90022
US
Phone: 323-720-8600
Fax: 323-720-8758

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