A History in Card Services
Established in 2011, Capital Prepaid Services is a privately held company based in Sioux Falls, South Dakota. It is a sister company to Capital Services, an innovative card asset portfolio management and servicing company. Capital Prepaid Services has partnered with First National Bank – Oldham in South Dakota to provide sponsorship for a multitude of unique prepaid card programs, from reloadable, general purpose reloadable (GPR), government, and insurance cards to corporate cards, including incentive, reward, and payroll. But no matter the type of program, the firm follows the same unique, innovative consultative approach to providing low-cost, high-value BIN sponsorships to prepaid program managers. Utilizing a collaborative issuance, conversion, and onboarding process reduces time to market—even for the most complex of programs.
Charles Hendrickson, Chairman
Michelle Mueller, Chief Operating Officer and Chief Financial Officer
Michael Olafson, President