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                                  EXHIBIT 99.2

                              Officers' Certificate
                   Annual Statement of Compliance Certificate
         pursuant to Section 3.10(a) of the Sale and Servicing Agreement
                                   relating to
                 Associates Automobile Receivables Trust 2000-1
                 Associates Automobile Receivables Trust 2000-2

         The undersigned, the President of Arcadia Financial Ltd. ("AFL"),
pursuant to Section 3.10(a) of the Sale and Servicing Agreements, (the "Sale and
Servicing Agreements"), by and among Associates Automobile Receivables Trust
2000-1 and 2000-2 (the "Trusts"), as issuer, Arcadia Receivables Finance Corp.
("ARFC"), as seller, and AFL in its individual capacity and as servicer, hereby
certifies on behalf of the Servicer that:

         1.       A review of the Servicer's activities and performance under
                  the Sale and Servicing Agreements during the fiscal year ended
                  December 31, 2002, has been made under my supervision; and

         2.       To the best of my knowledge based on such review, except as
                  specified on the attached Annex, the Servicer has fulfilled
                  all of its obligations under the Sale and Servicing Agreements
                  during the aforementioned period.

         Capitalized terms used but not otherwise defined herein shall have the
meanings assigned to such terms in the Sale and Servicing Agreements.

         IN WITNESS WHEREOF, the undersigned has signed his name.

Dated:   March 27, 2003

                                                    ARCADIA FINANCIAL LTD.


                                                    By:  /s/  Jerry W. Bayless
                                                              Jerry W. Bayless
                                                              President



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                                     ANNEX

                            To Officer's Certificate


Arcadia Financial Limited has completed a review of its servicing procedures as
Servicer for the portfolios securitized under the 2000-2 Trust as of December
31, 2002. The Servicer's servicing procedures were the same for its securitized
portfolios and its owned portfolios. The reviewed procedures are in compliance
with the Sale and Servicing Agreement ("Agreement") entered into with the Trust,
except as stated below. The dollar amounts and percentages set forth are as of
December 31, 2002.


1.  During 2002, delinquencies on bankrupt accounts were underreported by
    approximately $14.4 million, or 3.0% of outstanding receivables, and
    liquidations of approximately $6.4 million, or 1.3% of outstanding
    receivables, were delayed. Commencing in February 2003, the Servicer has
    changed its policy on aging of bankrupt accounts and related reporting.
    Consequently, the Servicer will charge-off $6.4 million by the end of April
    2003. In addition, liquidations are expected to increase as the bankrupt
    accounts age prospectively.

2.  There is a discrepancy between the treatment of partial payments in the
    Servicer's system and the requirements of the Agreements. For purposes of
    reporting delinquencies, the Servicer's system treats a payment of 90% or
    more as a full payment, whereas, the Agreement does not provide for such
    treatment. As a result, the Servicer's delinquency reports did not reflect
    such loans as delinquent and certain liquidations were delayed. This
    discrepancy affected approximately $12.1 million in principal balances. The
    amount of receivables due for liquidation as of December 31, 2002 amounted
    to approximately $1.0 million, which will be charged-off in April 2003. The
    Servicer is exploring alternative remedies to ensure compliance with the
    Agreements.

3.  During 2002, the Servicer's policy allowed the obligor, in certain instances
    of total physical damage to the vehicle, to substitute another vehicle as
    collateral for the loan. Such substitution is not permitted under the
    Agreements. As required by the Agreements, the Servicer will, by April 2003,
    repurchase (at par plus accrued and unpaid interest) the related balances of
    approximately $3.0 million, or 0.6% of the outstanding receivables, and will
    not allow future substitutions.

4.  During 2002, bankruptcy cram-down losses of $0.3 million, or 0.1% of the
    outstanding receivables, taken on loans that were included in bankruptcy
    proceedings were reversed when the bankruptcy proceedings were dismissed.
    The reversals reinstated the loan principal to reflect the obligor's legal
    obligation, and were posted to the Trusts as recoveries. These reversals are
    not permitted in the Agreement. The Servicer will reinstate the cram-downs
    in April 2003 and will not allow these reversals in the future.

5.  The Servicer does not monitor the status of obligor-maintained insurance on
    the financed vehicles as required under the Agreement. The Servicer has
    indemnified the Trust in March 2003 for losses of $1.5 million resulting
    from the obligor's failure to maintain such insurance. The Servicer will
    also indemnify insurance losses in the future as required under the
    Agreement.

6.  Loans totaling approximately $0.5 million or, 0.1% of the outstanding
    receivables, were modified such that the final maturity date of the
    receivable is after the final scheduled distribution date of the Trust's
    Notes. Such loans were repurchased from the Trust in February 2003. The
    Servicer will no longer modify the maturity date of the receivables beyond
    the final scheduled distribution date.

7.  Certain loans did not have liens perfected within 180 days after closing
    date of the securitization as required under the Agreements. These loans
    total approximately $0.4 million or, 0.1% of the outstanding receivables,
    and will be repurchased (at par plus accrued and unpaid interest) from the
    Trust in April 2003 as required under the Agreements.

8.  The Servicer did not deposit accrued and unpaid interest of approximately
    $22 thousand related to repurchased loans. This amount has been deposited in
    March 2003.

9.  Monthly Servicer reports did not separately state the amounts of
    repurchased, liquidated or paid in full receivables. The data will be
    included beginning with the March 2003 reports.