Posted on June 17, 2014
Originally published in the El Dorado News-Times on June 18, 2014.
Ally Financial Grants EBGC $11,000 in Honor of Jeff Teague
Ally Financial recently honored Jeff Teague, of Teague Auto Group, as the winner of the 2014 TIME Dealer of the Year award and presented a charitable grant to support his efforts in the local community.
Ally executives were on hand for the celebration at the dealership in El Dorado to present a grant of $11,000 to the El Dorado Boys and Girls Club in honor of Teague?s achievement.
The Boys and Girls club reaches more than 2,000 of El Dorado?s youth, ages 6-18, offering a broad range of programs such as character and leadership development, education and career development, health and life skills, the arts and sports, fitness and recreation. The grant funds will be used to purchase programming supplies, including those for arts and crafts, sports league equipment and other needs.
"We?re proud to recognize the truly incredible efforts of dealers who are making a difference in the places we live, work and do business,? said Mike Kimmel, Ally regional vice president. "Ally has provided more than 150 grants to nonprofit organizations in connection with the TIME Dealer of the Year program over the years. It?s inspiring to see dealers like Jeff, whose business and local involvement help to make this community a better place for everyone.?
"Programs like the Boys and Girls Club are successful because of the support we receive from people like the Teagues and organizations like Ally Financial,? said David Lee, executive director for the El Dorado Boys and Girls Club. "The grant money we received today will help us make a difference in the lives of these children every day.?
Teague was chosen as a finalist for the 2014 TIME Dealer of the Year award from a select group of 56 dealers from across the country recognized for community involvement as well as business performance. As part of the program each year, Ally provides grants of $1,000 to organizations selected by each of the dealer nominees, as well as $5,000 grants to community causes chosen by each of the three finalists.
"This award recognizes the best of the nation?s dealers, not only for their business successes, but for their extraordinary commitment in giving back to their local communities,? said Tim Russi, president of Auto Finance for Ally Financial. "Ally has had the privilege of supporting numerous dealer charitable causes in connection with the TIME Dealer of the Year program, and we are honored to congratulate and recognize 2014 winner Jeff Teague and the finalists for their continued efforts in building better communities.?
The TIME Dealer of the Year award is one of the automobile industry?s most prestigious and highly coveted honors. Recipients are among the nation?s most successful auto dealers who also demonstrate a long-standing commitment to community service.
Additionally, the El Dorado Chamber of Commerce held its Business After Hours gathering in conjunction with the celebration."