East meets West – Control, Inc. acquires Northwest Bank Supply

Added: (Wed Mar 02 2011)

Pressbox (Press Release) - It was 1869 in Promontory Point, Utah where west met east! On May 10, 1869, the completion of the transcontinental railroad ushered in new cooperation and economic advantage for both coasts.

Oregon, October 18th, 2010 It happened again. Control Inc., a leading provider of banking supplies across the United States and the producer of the PolySafe Security bag line, has acquired Northwest Bank Supply. The expanded entity brings together more than 50 years of banking supply experience. Additionally, a 180 page product catalog combined with their multiple warehouse locations and renowned customer service, now makes Control Inc. the logical and preferred source.

The former staff of Northwest Bank Supply will continue on as representatives for Control, Inc. This additional expansion for Control, Inc. will give banks and credit unions in the northwest states the same opportunity to receive superior customer service and product availability from one of the largest banking suppliers in the country. “Control Inc. continues to be a true "single-source" solution for bank supplies with hundreds of in-stock items ready to ship out at short notice. Innovation, increasing customer efficiency and reducing client’s operating costs are always at the top of our minds. This is truly a good fit for the former customers of Northwest Bank Supply and emphasizes our commitment to the region”, says Jon Diplock, President and CEO of Control Inc.

With their state of the art 60,000 sq ft distribution center in Hayward CA, Control, Inc. continues to lead the banking industry in providing quality products and superior customer service. Furthermore, Control’s patented product line of PolySafe tamper evident security bags with VPC film technology, available in 75 different stock styles and sizes, provide financial institutions with a superior level of security and efficiency in all their cash and coin handling operations.