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OLYMPIC FINANCIAL NAMES MANAGER FOR NEW SEATTLE BRANCH OFFICE

 SEATTLE, Feb. 3 /PRNewswire/ -- Olympic Financial Ltd. (NASDAQ-NMS:OLYM) has named Richard J. Hooper as manager of its new Seattle, Wash., branch office, which is scheduled to open in March. The Seattle opening will be the third major market entry in less than a year for Olympic, a rapidly expanding independent source of financing to automobile dealers.
 Hooper has been a lending officer and branch manager with the First Interstate Bank of Washington since 1985, heading the bank's Tukwila, Wash., branch since October 1992. He has more than 15 years consumer finance management experience, including acquisition of receivables and responsibility for portfolio performance.
 Hooper joined First Interstate after three years with Credit Thrift of America and four years with Dial Finance.
 Olympic Financial specializes in the purchase, pooling, sale and servicing of retail automobile installment loans originated by a network of more than 330 automobile dealers under contract with the company. Olympic is headquartered in Minneapolis, with branch offices in Denver and Dallas.
 -0- 2/3/93
 /CONTACT: Tom Langenfeld of Swenson Falker Eilertsen, 612-371-0000, for Olympic Financial; or Jeffrey C. Mack of Olympic Financial, 612-942-9880/
 (OLYM)


CO: Olympic Financial, Ltd ST: Minnesota, Washington IN: FIN SU: PER

AL -- MN009 -- 2418 02/03/93 12:52 EST
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Publication:PR Newswire
Date:Feb 3, 1993
Words:207
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