RGS Financial, Inc. Opens its Doors

Today marks the completion of the first week of business for a new collection agency specializing exclusively in servicing the financial services sector of the collection industry. RGS Financial, Inc., is headquartered in Carrollton, TX, with a sales and marketing office in St. Cloud, MN. RGS will service banks and credit card issuers on a regional and national level. The company is owned by two veterans of the collection and banking industry, Michael Ryalls of Frisco, TX, and Paul Gauerke of St. Cloud, MN. Together they bring over 30 years of banking and collection industry experience as the company?s ownership team. Both were formerly employed by Array Services Group, dba J.C. Christensen and Associates, Inc., a well recognized national collection agency based out of Sauk Rapids, MN.

According to Paul Gauerke, Managing Partner, ?There are very few collection agencies that have the ability to provide outstanding bad debt recoveries paired with superior customer service to their clientele. Because of our experience and industry knowledge, we believe we are one of those few. RGS offer?s the latest collection technology, proven skip tracing tools, strong training, and ownership with over 30 years in the collection industry that strives to perform at the highest level for our clients.?

RGS Financial Ownership & Management

Michael Ryalls: Michael has over 15 years in the credit and collections industry having held high-level executive positions with several banks and finance companies. Throughout his career he has been responsible for the operations side of collections by personally starting and growing four separate operations units for start-up ventures. The last, for the First National Bank of Marin, grew to over 400 employees in 3 years. He has also consulted in the areas of charge-off management to banks and has spent the last 3 years working directly for a top-30 collection agency selling to the financial services sector.

Paul Gauerke: Paul has over 17 years in the industry, started his career in commercial banking as a loan officer. After working on the lending side for over 4 years he eventually brought his in-depth financial services knowledge to a top tier collection agency where he focused on marketing and sales. Paul was quickly promoted to Sr. Vice President where he was responsible for the company?s entire marketing, sales, and client service effort including executive level representation and staff management. Paul earned his MBA in 1998 from St. Cloud State University.

Traditional Debt Collection Services: RGS Financial?s core business is the third-party debt collections for the Financial Services Industry. Our collectors our dedicated and trained to exclusively service banks and credit card issuers. Our Intelec collection software is some of the most sophisticated collection software available in the industry. It allows us to develop complex strategies and work efforts to ensure maximum recoveries.

Skip Trace Services: RGS Financial can utilize its broad base of skip trace tools to develop specialized skip trace programs to track down and find hard to locate customers anywhere in the United States. Programs can be developed in conjunction with traditional third-party collection services, or as stand alone ?skip trace only? programs.

Pre-Legal and Legal Collection Services: RGS Financial has an exclusive contractual relationship with a law firm owned by H. Steve Sumner to provide legal collection work and any necessary litigation on files referred to RGS. With client approval, RGS can forward accounts to Mr. Sumner?s office for a wide range of legal collection services. Mr. Sumner has been practicing law for over 30 years with personnel dedicated exclusively to collection work for RGS clients.

Early-Out/Collect to Cure: RGS Financial has a specialized team in place to handle any Early-Out or ?Collect to Cure,? programs. Our flexibility and experience allow us to customize an Early-Out programs to help our clients manage roll rates, improve front-end collections, and manage their internal collection staff more efficiently.

Read more at www.rgsfinancial.com/