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Ford Credit Executive to Head Urban Financial Services Coalition

25 May 2000

Ford Credit Executive to Head Urban Financial Services Coalition 
    DEARBORN, Mich., May 25 Frederick B. Thomas, enterprise
process manager for Ford Motor Credit Company (Ford Credit) , will be
installed as the new national president of the Urban Financial Services
Coalition (UFSC), formerly the National Association of Urban Bankers (NAUB),
during the organization's annual conference to be held in San Francisco May
26.  As national president for the 2000-2001 term, he will work with the
organization's leadership team as an advocate for national and local
initiatives.
    UFSC was established in 1974 to bring together minorities in the financial
services industry for career and professional development.  The non-profit
organization serves as a link between corporations and communities to develop
and facilitate programs that foster economic empowerment for minorities and
support educational advancement for youths.
    Thomas has more than 10 years of financial services experience, having
worked as a manager with Northern Trust Company in Chicago.  He currently is
an enterprise process manager, responsible for the prioritization process in
the enterprise program management office.  Before joining Ford Credit this
year, Thomas was an assistant vice president with Fiserv, Inc., managing the
check fraud/check collections units.
    Thomas is a member of the 100 Black Men of America, Inc., and served as
the Chicago area chapter secretary.  In addition, he is a member of the
National Black MBA Associations, the USC Midwest Alumni Association and Kappa
Alpha Psi, Fraternity, Inc.
    Thomas earned his bachelor's degree from the University of Southern
California and his master's degree from Carnegie Mellon University.  He
resides in Detroit.
    "Ford Credit is very proud to support Fred Thomas as he embarks on his
leadership of UFSC," said Kirk Zumhoff, project director, Enterprise Program
Management.  "Fred is an invaluable asset to Ford Credit as a manager, and I
know that with him at the helm, UFSC is going to make even more of a
difference in the financial services industry."

    Ford Credit is a wholly-owned subsidiary of Ford Motor Company and is the
world's largest automotive finance company.  Now in its 41st year, Ford Credit
provides vehicle financing in 40 countries to more than 10 million customers
and more than 11,500 automotive dealers.  Ford Credit had total earning of
$1.3 billion in 1999, with a worldwide receivables base of more than $140
billion.  More information about Ford Credit can be found on the World Wide
Web at http://www.fordcredit.com.

    Contact:  Dan Jarvis of Ford Credit, 313-594-2527, djarvis1@ford.com; or
Millicent White of Ruder Finn, 212-593-6353, whitem@ruderfinn.com, for Ford
Credit.