American Business Financial Services, Inc. Employees Contribute More Than 1,000 Books to People For People Day Care Center and Charter School; Gift on 'Read Across America Day' To Benefit 450 Children.Business Editors BALA CYNWYD, Pa.--(BUSINESS WIRE)--March 3, 2003 American Business Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , Inc. (ABFS ABFS American Business Financial Services, Inc. ABFS ABF Freight Systems, Inc. ABFS Alpaca Breeders Fiber School ABFS Atchafalaya Basin Floodway System (Louisiana) ABFS Advance Benefit Funding Sources ; NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ABFI), today announced that it has contributed more than 1,000 books to the People For People Day Care Center and Charter School Library, located at 800 North Broad Street in Philadelphia. ABFS collected these books through an employee book drive held at its Bala Cynwyd headquarters, and contributed them at a special ceremony held at the People For People Library, in conjunction with "Read Across America Day." Commenting on the contribution, ABFS Chairman and Chief Executive Officer Anthony J. Santilli said, "We as a Company are delighted to provide these books to so many deserving children and young people. As a financial services company, ABFS is committed to financial literacy Financial literacy is the ability of individuals to make appropriate decisions in managing their personal finances. Raising levels of financial literacy is now a focus of government programmes in countries including[1] Australia, Japan, the United States and the UK. , and this begins with literacy. We hope these books will serve as a foundation for one of life's most precious and important abilities--reading." The books will be used by approximately 450 students at the People For People Day Care Center and Charter School. The Reverend Herbert H. Lusk, founder of People For People Inc. said, "We are overwhelmed by the generosity of ABFS and its employees. On this 'Read Across America Day' it is important to note that educating a child today takes the cooperation of parents, teachers, schools, the government, and the private sector. Today, ABFS has shown its commitment to supporting quality education, and helping People For People achieve its mission in our community." People For People Inc. is a faith-based organization committed to breaking the cycle of poverty by providing positive alternatives to drugs, crime and welfare. American Business Financial Services, Inc. is a financial services company operating predominantly in the eastern and central portions of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The Company originates business purpose loans and first and second mortgage loans through a combination of channels, including a national processing center located at its centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. operating office in Bala Cynwyd, Pennsylvania Bala Cynwyd is a village in Lower Merion Township which is located in the Main Line in southeastern Pennsylvania, bordering the western edge of Philadelphia. It was originally two separate towns, Bala and Cynwyd, but is commonly treated as a single community. , a regional processing center in Roseland, New Jersey, and several retail branch offices. For further information, contact Keith Bratz, VP--Corporate Communications, 610-617-7475. |
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