Payments

Amscot expands into Tallahassee

Photo: Adobe Stock

January 20, 2025

Amscot Financial, a financial services company, has opened a store in Tallahassee, Florida. It currently has more than 230 locations in the state, according to a press release.

The location will offer cash checking, ATMs, bill payment, money orders, transfers and more. It only allows customers to take one short-term loan at a time with mandatory cool off periods with capped amounts and fees.

"Amscot was founded on a belief that all Floridians should have access to safe, fair, and reliable financial services," Ian MacKechnie, CEO of Amscot, said in the release. "At this new store, we'll show Tallahassee residents how there's a better way for hardworking families to cover life's unexpected expenses – a way that's carefully regulated, consumer-friendly, and paves a new path toward financial security."