St. Petersburg, Florida, July 30, 2012 - Priority One Financial Services, Inc., the recreational
industry’s oldest and largest F&I outsourcing provider, is proud to offer its dealer partner’s free and
easy online access to the government’s Office of Foreign Asset Control (OFAC) list. This list is used
to check on terrorists, narcotics traffickers and others engaged in activities and threats to national
security. All businesses, including recreational dealerships, are required by law, to review this list
prior to entering into any sales or finance contract with an individual, business entity or charitable
There are penalties for those that do not establish procedures to review the OFAC list and there are
fines for dealerships that enter into a contract with anyone on the list. Currently dealers can
perform a search through the website http://sdnsearch.ofac.treas.gov/. However, the
government’s list has limited functionality and will not detect misspellings or other incorrectly
entered text, and will not return near matches.
This tool will enable Priority One dealers to search OFAC through a link to Priority One’s exclusive
dealer resource center (DRC) and be able to save and/or print a statement for their records
whether a match is found or not.
"We are committed to helping our dealer partners successfully navigate the many regulations that
govern our industry,” said Heather Mariscal, president of Priority One. "Adding the OFAC search to
the DRC is just another way for Priority One to bring something valuable to our partners.”
About Priority One Financial Services
Priority One has been serving the marine and RV industry since 1987. Acquired in 2007 by Forest
River, Inc. a Berkshire Hathaway company, Priority One serves as the F&I managed services
provider for hundreds of dealers nationwide. For more information, visit www.P1FS.com.
727-822-7171 ext. 322