Charles Hendrickson has been with Capital Services, sister company of Capital Prepaid
Services, for over 15 years, joining the company in 2000 as Chief Financial Officer. He
moved into the Executive Vice President role prior to becoming President and CEO. He
serves as the Chairman for Capital Prepaid Services. Through his tenure in bank
controller and CFO positions, he has gained extensive experience in asset liability
management, bank financial planning, and acquisitions. It was his initiative to
understand and better report credit card profitability that resulted in Capital's
industry-leading ViPRSM system. He also championed the in-house
development of Capital's unique scorecard and statistical analysis competencies.
Hendrickson began his career in public accounting with McGladrey and Pullen and later
held a bankcard finance role at Citibank before his tenure in commercial banking. He
has a degree in business economics from St. John's University in Minnesota and is also
a Certified Public Accountant.
Michelle Mueller joined Capital Services, sister company of Capital Prepaid Services, in
April 2001. She is responsible for overseeing all accounting functions, including analyzing
daily financial activity and monthly financials, evaluating internal controls, coordinating
financial audits and overseeing correspondent banking relationships. She has over 20 years of
experience as a controller and over 25 years of accounting experience. Michelle is a Certified
Public Accountant and has a degree in business administration with an emphasis in accounting
from the University of South Dakota.
Michael Olafson, Vice President has been with Capital Prepaid Services
since 2014. Previously he held several leadership positions at Wells Fargo in the
community banking and commercial lending areas. Mike holds an MBA from National American
University and a Bachelor of Arts degree from Northern State University.