Press Releases

ACE’s Jay Shipowitz and Eric Norrington with Paula Ransom from March of Dimes

DALLAS, TX – ACE Cash Express, Inc., a leading retailer of financial services, announced today a donation of $685,125 to the March of Dimes in support of programs to improve the health of all babies.

This donation was made through ACE’s annual “Give a Little” campaign where ACE customers are asked to make a donation so that one day every baby will be born healthy.

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ACE’s Joe Edwards, Townsell Elementary School Principal Linda Willett and JA Dallas President Linda Schoelkopf

Dallas, TX – ACE Cash Express, Inc. recently announced a donation of $25,000 to Junior Achievement of Dallas, furthering their commitment to invest in the communities they serve.

The check presentation took place at Townsell Elementary School in Irving, Texas where ACE associates gathered together to teach Junior Achievement’s JA in a Day program to third through fifth grade students.

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Montvale, NJ – According to an economic study released today, consumers who opt to use a network branded prepaid card could pay as much as 35-70% less in fees compared to low balance checking and debit accounts, making prepaid cards a far more cost-effective, valuable financial tool for many.

The comparative economic analysis was conducted by economist Michael Flores of Bretton Woods, Inc, an expert on financial institutions. The study analyzed a range of payments options available to consumers, and their relative costs and benefits. It also looked at various kinds of prepaid cards, including analyzing the cost and benefits of both general purpose reloadable cards (the kind consumers buy for themselves) as well as prepaid cards tied to direct deposit (these are most often used by state governments to deliver benefits, by companies for payroll, etc.). While smaller studies have been done in the past, this is the first, comprehensive study that compares the costs of prepaid cards in the context of alternative financial tools.

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Based on the study findings, it is clear that attempts to impose artificial rate caps will result in the elimination of a product used responsibly by millions of Americans to address small dollar, short-term credit needs.

(Hackensack, NJ) – In order to address unsubstantiated claims regarding the cost of small, short-term loans, also known as payday advances or loans, Financial Service Centers of America, Inc. (FiSCA) engaged the firm of Ernst & Young LLP to perform an economic survey analysis of the cost to provide consumers with this form of credit through stores that offer many other financial products as well (also known as multi-line operators). The data obtained through this nationwide survey of FiSCA members clearly illustrates that payday loans are priced fairly and reasonably for consumers seeking small dollar, short-term loans to address unexpected financial shortfalls. Further, based on the study’s findings, it is reasonable to conclude that imposition of arbitrary fee caps will cripple an industry that operates responsibly under a variety of federal and state regulations to provide this form of credit to millions of cost-conscious Americans.

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DALLAS, August 10, 2009 – Lindsey Maxon, a 2009 graduate of Lamar High School in Arlington, Texas, received a $2000 scholarship from the Financial Service Centers of America (FiSCA) National Scholarship Program. The July 31 check presentation was held at the corporate office of ACE Cash Express in Irving, Texas.

As a member of FiSCA, the national trade association representing an expanding industry of financial service providers in local communities across the country, ACE Cash Express is a major contributor to the national scholarship program.

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Washington, DC (August 3, 2009) – While enjoying all the fun that most summer camps have to offer, youngsters attending the Greater Washington Urban League’s annual camp have the distinct advantage of also learning how to better manage their personal finances. In a program sponsored jointly by the Urban League and ACE Cash Express, Inc., summer campers have spent time on computers at the Urban League gaining a better understanding about personal money management.

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DALLAS, January 26, 2009 – In a joint partnership, ACE Cash Express, Inc., the largest owner and operator of check cashing stores in the United States and the second largest owner and operator of short-term consumer loan stores in the United States, and NetSpend Corporation, one of the leading providers of prepaid reloadable debit cards in the United States, presented five local families with a $100 March of Dimes® prepaid reloadable debit card.

The families selected to receive the prepaid reloadable debit cards recently completed Comenzando Bien, a prenatal education program through the March of Dimes and AVANCE-Dallas. Representatives from ACE Cash Express, NetSpend Corporation, March of Dimes and AVANCE-Dallas all attended the January 20 presentation at AVANCE’s Dallas office.

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ACE Cash Express Makes Record-Setting Donation of $943,874 to March of Dimes

DALLAS, Dec. 19, 2008 — ACE Cash Express, Inc. announced today a donation of $943,874 to the March of Dimes Foundation in support of programs to improve the health of all babies.

ACE’s “Give a Little” campaign raised a record-setting amount for the company – a more than $400,000 increase from the previous year. ACE customers were asked to make a donation to support healthy babies and the result was extraordinary.

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Residents and Government Officials Turn Out For Fall Festival Including $10,000 Check Presentation and 200 Backpacks Filled With School Supplies for Children

Compton, CA (Nov. 6, 2008) – On Halloween, 300 mothers and children, all residents of the SHIELDS’ Keith Village Recovery Program, enjoyed an afternoon of treats as ACE Cash Express celebrated their personal triumphs with a fall harvest festival. The day included games, prizes, arts and crafts, gourmet carnival foods, live deejay and a Monster Mash line that wound around the 86-unit complex with kids ages 4 to 14 showing off their Halloween masks and receiving goodies.

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DALLAS, OCT. 17, 2007 — ACE Cash Express, Inc. recently announced a donation of $50,000 to Junior Achievement of Dallas, furthering their commitment to invest in the communities they serve.

The donation is part of the ACE Community Fund commitment to contribute to organizations that support children, education and financial literacy. In 2006, ACE contributed over $587,000 to various non-profit organizations nationwide through the ACE Community Fund.

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