Corporate News

CEDAR RAPIDS, Iowa — GreatAmerica Financial Services is proud to announce the promotion of Steve Rybos to vice president and general manager of the Specialty Markets Group (SMG), which includes the Construction, Healthcare, Automotive, Franchise, and Direct Programs divisions. In this role, Rybos will be responsible for the sales, marketing, operational oversight, and strategic direction of SMG. Rybos most recently served as vice president and managing director of SMG, where he oversaw all sales and marketing efforts.

(Cedar Rapids, IA) – GreatAmerica Financial Services today announced the retirement of Matt Mueller, executive vice president and chief operating officer. Mueller, who has been with the company for fourteen years, has played a meaningful role leading corporate operations and working with leadership to prioritize and build the business capabilities necessary to meet the needs of GreatAmerica customers.

(Cedar Rapids, IA) – GreatAmerica Portfolio Services Group (PSG) proudly announces its 15-year anniversary. Over the past decade and a half, PSG has leveraged the GreatAmerica Financial Services technology platform, operational processes, and industry expertise to offer third-party portfolio servicing and backup servicing to banks, manufacturers/captives, independent lessors, and other finance companies.

(Cedar Rapids, IA) – GreatAmerica today announced the retirement of Marty Klees, senior vice president of risk and operations - corporate strategy, following a distinguished career spanning nearly three decades. Marty, the 25th employee of GreatAmerica, has been a cornerstone of the company's success through his visionary leadership, business acumen, and unwavering dedication.

(Cedar Rapids, IA) – GreatAmerica is excited to announce its sponsorship of a new course on Commercial Equipment Leasing & Finance (CELF) at the University of North Texas (UNT) G. Brint Ryan College of Business. Michael Gallo, the program director and lecturer professor at UNT, created and is teaching this innovative course, which kicked off this spring semester. Early success led to course continuation with another class option in fall 2025; both offerings support and develop future finance professionals. A spring reception for the course was held the evening of Tuesday, March 25, 2025, at the UNT college of business.

(Cedar Rapids, IA) – GreatAmerica announced today that it closed its 26th term securitization with $692,584,000 of privately placed bonds. S&P and Fitch rated 93.4% of the bonds in the transaction as AAA, unchanged from the prior nine transactions from GreatAmerica. This transaction brings GreatAmerica’s life-to-date bond issuances to $11.2 billion.

(Cedar Rapids IA) – GreatAmerica Financial Services Corporation® announces the opening of the spring application period for its Employee Advised Fund (EAF) on Friday, February 28, 2025. Applications from area nonprofits will be accepted through March 28, 2025. This announcement follows GreatAmerica's recent recognition with the Community Impact Award from Monitor magazine, celebrating the company's outstanding contributions to local communities in its January/February issue of Best Companies in Equipment Finance.

GreatAmerica proudly announces its expansion into the rapidly growing additive manufacturing market, also known as 3D printing. To spearhead this expansion, GreatAmerica has appointed additive manufacturing and finance industry veteran, Dan Kehr, as senior director, Specialty Markets Group. This strategic move aligns with the company's commitment to purposeful growth and supporting innovative industries with financing and business solutions.

Fund is an Important Component of Newly Branded GreatAmerica Gives Back Initiative GreatAmerica Financial Services Corporation® announced today that its Employee Advised Fund completed its annual fall 2024 pledge to the community by awarding $250k to nonprofits in the Eastern Iowa area. The fund is a key component of a broader initiative GreatAmerica has branded GreatAmerica Gives Back, which encompasses all time, talent and treasure the company and its team members dedicate to philanthropic efforts for the communities they serve.

Only Finance Company Honored in Category since its inception in 2016 The Cannata Report presented GreatAmerica with its Frank Award for Best Leasing Company during its 39th Annual Awards & Charities Gala at The Madison Hotel in Morristown, New Jersey on Thursday, November 7th. The Frank Award winners were chosen by Office Equipment Dealers who responded to The Cannata Report 39th Annual Dealer Survey. Winners were chosen in 14 distinct categories.