Thursday, February 23, 2012

Crelogix Appoints Richard Charlton to the Board of Directors.

Crelogix announced that Richard Charlton has been appointed as member of the Board of Directors. Mr. Charlton is currently the Vice President Commercial Credit, South Region for Servus Credit Union, Alberta's largest credit union and the third largest in Canada.

Mr. Charlton has more than over 15 years of experience with Servus Credit Union holding various management positions including Account Manager, Business Banking Centre, Commercial Credit Analyst, Senior Credit Analyst and Regional Manager, Commercial Credit.

"We're extremely pleased to have Richard join our team," said Karl Sigerist, President & Chief Executive Officer of Crelogix. "In particular, Richard's background in commercial credit, underwriting and oversight will be particularly useful for effective and efficient corporate governance."

"I am very excited about this opportunity," Mr. Charlton said. "Crelogix has established a solid reputation across Canada as experts in their field. I am proud to be a part of this group, and look forward to working with other board member members making a contribution to the continued growth and success of Crelogix."

"I'm confident that Richard's experience and skills will be a very good match for our team," added Mr. Sigerist.

About Crelogix: Crelogix is a non-bank Canadian financial services organization. Since 1974 Crelogix has been active across Canada in the tuition, automotive aftermarket, vacation ownership, healthcare, membership, consumer durables, power products, home improvement and financial intermediary sectors - advising its business and institutional partners on unique and innovative consumer financial solutions from Loan Funding, Portfolio Acquisition, Thirdparty Portfolio Administration, Servicing, Collections, Asset Recovery or the Disposition of Canadian consumer installment loan receivables portfolios.

MyCrelogix.com is a proprietary internet based automated credit adjudication and loan or lease document processing system. MyCrelogix.com provides our clients with real-time payment calculation, credit grading, contract compliance, funding status and ongoing portfolio reporting. For more information go to www.crelogix.com

About Servus Credit Union Ltd. Servus Credit Union is a member-owned financial institution serving nearly 400,000 members from more than 100 locations in 62 communities. The credit union's vision of building a better world - one member at a time inspires their commitment to provide sound, advice-based financial products and services; help members achieve personal satisfaction, enjoy financial stability and a good quality of life; and improve the communities where its members live and work. For more information, call toll-free 1 87SERVUSCU 1.877.378.8728 or visit www.servus.ca.

Keywords: Automobiles, Banking, Finance, Financial Institutions, Financial Services, Investing, Investment, Transportation.

This article was prepared by Journal of Transportation editors from staff and other reports. Copyright 2011, Journal of Transportation via VerticalNews.com.

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