Business Summary
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American General Finance Corporation (AGFC) is a financial services holding company with subsidiaries engaged in the consumer finance and credit insurance businesses. The Company conducts the credit insurance business to supplement its consumer finance business through its wholly subsidiaries, Merit Life Insurance Co. (Merit) and Yosemite Insurance Company (Yosemite). At December 31, 2009, the Company had 1,178 branch offices in 39 states, Puerto Rico and the United States Virgin Islands, and foreign operations in the United Kingdom. The Company has three business segments: branch, centralized real estate, and insurance. The Company is wholly owned by American General Finance, Inc. (AGFI).
| | (Source: 10-K)
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