Complete Financial Solutions Enters into Agreement to Acquire Minnesota-Based Bank

Complete Financial Solutions Inc. (“CFSI”) (OTC:CFSU) announced it had entered into a letter of intent to purchase Northern Star Financial, Inc. (“NSFI”) and its wholly owned bank subsidiary Northern Star Bank (“Bank”), pursuant to which CFSI has acquired 24% of the Bank’s common stock. Under the terms of the Agreement, CFSI will acquire 100% ownership of both entities upon approval of a change in control application from the appropriate bank regulators together with an investment of capital that would improve the Bank’s Tier 1 capital to a level in excess of 8%.

“This is our second recent acquisition of a state-chartered bank,” stated Allen Ringer, CEO. “We estimate that completing the Bank acquisition will require an additional investment of approximately $1,000,000. In July we purchased a 23.3% interest in American Patriot Bank with a plan to acquire the remaining interest over the next eighteen months. This latest acquisition is a perfect fit for our diversification and growth strategy - it allows us to offer products that are complementary to all our existing entities, including American Patriot Bank.”

About CFSI

Complete Financial Solutions Inc. is an emerging financial services company. Through its subsidiary companies, CFSI offers mortgage origination and processing services in 25 states. Acceptance Capital Mortgage Corporation (“ACMC”) is a HUD-approved lender allowing ACMC to both bank and broker FHA loans. ACMC offers a spectrum of mortgage products through a variety of correspondent and broker relationships. Insurance Solutions Inc. offers protection products to mortgage customers of ACMC and to the general public. For more information, visit our website at www.cfsi.biz.

This press release may contain forward-looking statements that involve risks and uncertainties concerning our expected performance and comments within the safe harbor provisions established under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of our future performance. We believe that these potential risks and uncertainties include, without limitation: uncertainty regarding our future revenue growth, operating results and profitability; our business being dependent on the health of the mortgage industry; government regulation; and the effect of industry restructuring, higher interest rates or adverse economic conditions. Statements in this release should be evaluated in light of these factors. We have included a detailed discussion of certain risks and uncertainties that could cause actual results and events to differ materially from our forward-looking statements in the section titled “Risk Factors,” filed with our Annual Report, posted with the OTC Disclosure and News Service on May 28, 2014, which is available at www.otcmarkets.com. CFSI undertakes no duty to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Complete Financial Solutions Inc.Allen Ringer, CEO, 509-462-9236aringer@cfsi.bizorInvestor Relations:Rich Inza, 954-251-0616rinza@cfsi.biz

Complete Financial Solut... (PK) (USOTC:CFSU)
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