The Story of Banc Statements, Inc.

Banc Statements, Inc. was founded by Bob Fairweather in 2006. Bob has over 30 years of experience working in the banking industry and in founding companies that provide financial services to banks.

Banc Statements, Inc. grew out of research Mr. Fairweather conducted as Vice President of Sales, Marketing and New Business Development at National Computer Print, Inc. (now NCP solutions), based in Birmingham, Alabama. NCP is the nation’s largest provider of coupon payment books for financial institutions. In 1996 Mr. Fairweather was looking for ways to leverage NCP’s core printing competencies. In doing so he zeroed in on two possibilities to provide services to community banks. One was to offer check printing; the other was to print demand deposit account statements for community banks and their customers. At that time, however, check imaging was in its infancy, and many banks had not yet converted to this emerging technology. As a result, in 1998, Mr. Fairweather co-founded Main Street Checks, Inc.

In 2006, starting with zero customers, cashing in his 401K and selling his house, Mr. Fairweather, who has five children, took a very large risk when he started BSI. He did so just before the financial crisis and recession that began in late 2007 and 2008. Things were slow to start, but over time, BSI began to pick up momentum. Since then the company has done very well, due to its diligent employees and its sterling reputation. For 3 consecutive years, Banc Statements, Inc. has made the INC. 5000’s list of fastest growing companies and was the fastest growing of any Birmingham company with a 3 year growth rate of nearing 300%. After starting in a space of 2000 sq/ft., BSI now has a state of the art, highly secure 25,000 square ft. facility in the Birmingham Airport Industrial Park, additional processing plants in Dallas, TX and Indianapolis, IN, and over 200 community bank clients in the southeast, southwest, midwest and various other regions of the United States.

BSI had its best year ever in sales growth last year and is on track to match that again this year.

BIRMINGHAM 4700 Birmingham Street, Birmingham, AL 35217
DALLAS 4829 West Royal Lane, Irving, TX 75063
INDIANAPOLIS 8561 Zionsville Rd, Indianapolis, IN 46268

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