Security National Automotive Acceptance Corporation was founded in 1986 by its current owners, Theodore A. Catino, Chief Executive Officer, and Beverly A. Catino, President. SNAAC is headquartered in Mason, Ohio, approximately 25 miles north of Cincinnati, and employs over 100 people. SNAAC's current office facility was built in 1994 and consists of approximately 20,000 square feet of office space.
SNAAC principally purchases, sells and services automobile loan receivables originated by dealers with obligors who have limited access to traditional sources of consumer credit. SNAAC is a niche servicer to automotive dealers for non-prime military receivables. From its formation through June 2005, SNAAC has purchased over $750 million in motor vehicle retail installment contracts. Approximately 95% of SNAAC's outstanding servicing receivables are from military obligors. SNAAC has over 160 active dealers and is licensed to do business in 25 states.
SNAAC has received numerous awards in its history, including the Greater Cincinnati Small Business of the Year in 2002. SNAAC continually strives to provide associates an enriching, exciting and rewarding work environment. A MVP Team, largely comprised of non-managerial associates coordinates monthly activities focused on promoting the companies Mission, Values and Principles. Promoted functions consist of enrichment activities such as Cultural Recognition Days or Motivational Videos to purely fun activities such as Departmental Halloween decorating contest, a hunt for prize filled Easter eggs, a summer picnic and a Las Vegas night. The MVP Team also assists in various promotions to support charitable causes such as the United Way.
In addition, each month every associate who has a company anniversary attends a luncheon with the owners at a restaurant of their choice. Security National truly values the individual importance of each associate.
For more information about Security National, please refer to www.snaac.com