What does AMSCOT mean in Finance?

Amscot

Amscot Financial is an American financial services company headquartered in Tampa, Florida. Founded in 1989 by Ian MacKechnie, Amscot Financial provides non-bank consumer financial services through a network of retail branches located exclusively within Florida. Amscot's core services include check cashing, bill payment, prepaid access cards, payday loans, free money orders, ATMs in every branch, wire transfers, notary services, fax services, and postage. Amscot Financial operates nearly 240 branch locations in the Tampa Bay, Orlando and Miami media markets.The company does not franchise any of its branches and employs approximately 2,000 people.In 2008, Amscot was named the Top Employer in Tampa in the Tampa Bay Business Journal's Biggest Employers list.In 2014, Amscot landed on the No. 36 spot on the Tampa Bay Business Journal 's Tampa Bay Business 100 list. Amscot is a member of several trade organizations, including the national INFiN, a Financial Services Alliance, formerly known as Financial Services of America (FISCA) and also the statewide Florida Consumer Financial Services of America (FCFSA). Amscot has also partnered with or supported a number of community organizations in Florida, including the Children Rescue Network, the Kids First traffic safety program, and the Consortium of Florida Education Foundations (CFEF).

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