COMPLETE FINANCIAL SOLUTIONS, INC(CFSI) IS PLEASED TO ANNOUNCE THE APPOINTMENT OF BRIAN TURLOCK AS THEIR CHIEF OPERATING OFFICER.
Spokane, WA, October 6, 2009. Pink OTCSymbol CFSU
Reporting to the CEO, Brian will be accountable for the effective delivery of all products and services as well as the development of initiatives to meet the corporate strategic plan. He is a career banker with 27 years direct experience and success in managing multiple branch operations with multiple product lines in different industries; core banking,Insurance and financial planning. Brian’s background is a perfect fit for the CFSI strategy, which includes the desire to acquire a U.S. federal charter bank.
Brian will immediately oversee the company’s mortgage brokerage and loan processing subsidiaries with specific objectives to improve our financial stability through a program of customer service and satisfaction. The CFSI owned mortgage brokerage subsidiary has 100+ retail outlets delivering mortgages to customers in over 20 states. The loan processing subsidiary delivers support to the broker network and to other broker customers through its proprietary processing software.
Brian will lend his banking expertise to the ongoing development of initiatives to implement the CFSI Strategic Plan. Future plans that are being developed under Brian’s leadership include core banking services, Insurance products(including Health Savings Accounts) and financial planning services,all built around the principles of cross selling professional financial services and customer retention.
About Complete Financial Solutions, Inc.
Through its subsidiary companies, Complete offers mortgage origination, processing and closing through 100 plus branches licensed in 23 states. Mortgage loan processing services are offered in all 50 states, online and paperless including document storage.
We also have begun to acquire or start businesses providing legal, accounting, financial planning, credit restoration and insurance services to the general population. These services are all integrated to some degree with the mortgage loan industry and with each other. For instance, financial planners often utilize insurance products in their client's financial portfolio and often the funds for such insurance products are sourced from a mortgage on the client's house or investment properties. To acquire beneficial rates on mortgage loans often requires helping a client increase his/her credit score which in turn can require legal and accounting advice or services. By providing all the above mentioned services we are better able to retain the customer as he never has to access the services elsewhere and we are able to collect multiple fees from the same core customers.
Forward Looking Statements.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cashflows, financing plans, business strategy, products and services,competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will,"and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our Form 10-K and other reports filed with the SEC. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise