Tampa, FL – (October 25, 2006) – Amscot Financial, a leading provider of convenient, consumer-oriented financial services, is pleased to announce the promotion of Patricia Yanovitch to the position of Chief Financial Officer, effective immediately.

Ms. Yanovitch succeeds Ms. Charlotte Grant, who recently retired after spending more than five years with Amscot Financial.

A Certified Public Accountant, Ms. Yanovitch began with Amscot Financial in June 2005 as Accounting Manager. She was promoted to Director of Accounting in June 2006. Prior to joining Amscot, Ms. Yanovitch had 17 years of diversified experience in public accounting, including financial institutions, non-profits and government clients.

Ms. Yanovitch is a graduate of Kings College in Wilkes-Barre, Pa., where she received a Bachelor’s of Science degree in accounting and marketing with a minor in business administration. She completed her fifth-year requirement at Rollins College in Winter Park to meet the CPA exam standards.

Ms. Yanovitch is a member of the following organizations: American Institute of Certified Public Accountants; Florida Institute of Certified Public Accountants; Florida Bankers Association and the American Business Women’s Association.

Ms. Yanovitch has served on various committees for the Florida Institute of Certified Public Accountants since 1997. These include serving as Chairman and Vice-Chairman of the Non-Profit Conference in 2001 and 2000 respectively.

“We are in a period of tremendous growth and Patti has precisely the skills we need to guide us through this critical time in our business,” said Ian MacKechnie, founder and CEO of Amscot Financial.

Amscot Financial is Florida’s leading provider of convenient, consumer-oriented financial services. The company offers an array of convenience-oriented financial services, including the cashing of personal checks, out-of-state checks and government checks; cash advances; Western Union wire transfers, notary services and pre-paid debit cards. Amscot Financial also offers consumers the ability to purchase money orders – with no service fees.

Amscot Financial currently operates 140 retail service centers in Hillsborough, Pinellas, Pasco, Hernando, Polk, Hardee, Highlands, Manatee, Sarasota, Orange, Osceola, Seminole and Lake counties. Amscot Financial’s locations are open seven days a week and are typically open Mondays through Saturdays from 7 a.m. to 9 p.m. Sunday hours are typically from 10 a.m. to 8 p.m. Select Amscot locations are open 24 hours a day.

About Amscot Financial
Headquartered in Tampa, Fla., Amscot Financial is a leading provider of income tax preparation and electronic filing services, refund anticipation loans, check cashing services, cash advance services, money transfer services and money orders through its wholly owned division, Amscot International Money Order Company. Amscot Financial currently operates 140 tax preparation offices and 140 retail financial service centers throughout Florida and employs more than 1,500 people. In March 2006, Amscot Financial was recognized by the Tampa Bay Business Journal as one of Tampa Bay’s Best Places to Work. In June 2006, founder Ian MacKechnie was recognized by Gulf Coast Business Review as its 2006 Entrepreneur Winner. For additional information, please visit the company’s Web site at www.amscotfinancial.com.