Capital Prepaid Services (Capital), a provider of BIN sponsorship for prepaid card programs, announced the appointment of Mike Olafson to President. Olafson previously served as Vice President at Capital.
“Mike’s commercial banking experience coupled with his prepaid knowledge has prepared him well to lead our BIN sponsorship approach in prepaid,” said Charles Hendrickson, Chairman of Capital Prepaid Services.
Prior to joining Capital in 2014, Olafson held numerous leadership roles in community banking at Wells Fargo in the Dakotas. He received his MBA from National American University and his BA from Northern State University.
Mike Olafson