In Brief: Minnesota Subprime Car Lender Changes Name

Olympic Financial Ltd. changed its name to Arcadia Financial Ltd. on Tuesday.

The auto lender, which provides credit to borrowers with less than pristine credit, will change its stock symbol to AAC from OLM on May 15. Olympic has been doing business as Arcadia in about half of the states it operates, the company reported. The change will allow it to operate under a single name nationwide.

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