Deluxe Corp. Marks 100th Year in Business by Ringing Opening Bell at NYSE
SHOREVIEW, Minn.—November 24, 2015—Deluxe Corp. marked 100 years in business by ringing the opening bell at the New York Stock Exchange (NYSE) on Wall Street. Deluxe CEO Lee Schram, along with members of the executive team and two long-time Deluxe employees gathered to commemorate the company’s 100th anniversary.
Deluxe Corp. was founded on Nov. 23, 1915 when W.R. Hotchkiss took a $300 loan and began to sell his invention, the checkbook, to banks and small businesses in the St. Paul, Minnesota, area. Now, 100 years later, Deluxe has evolved to become an integral part of the financial services industry and a trusted partner to small businesses. From checks and printed products to website development and email marketing, e-commerce solutions to rewards programs, data and analytics, Deluxe continues to be one of Minnesota’s most innovative companies.
“Ringing the NYSE opening bell is truly an honor for us because it signifies a milestone few companies will ever achieve,” Schram explained. “From our humble beginnings, Deluxe has endured and grown, surviving world wars, the Great Depression and recessions, embracing technological changes and evolving into a company well-positioned to serve our partners and clients for the next century.”
Without the loyalty and dedication of Deluxe’s nearly 5,800 employees across North America, the company would not have thrived for 100 years, nor be poised for future opportunities, Schram stated. That is why he personally invited Ivory Williams and Ken King Jr.—employees who have a combined 71 years of service to Deluxe—to take part in the bell-ringing ceremony.
“These two loyal, dedicated employees personify our company values, help drive our growth each day and demonstrate an unrivaled commitment to Deluxe and our customers,” Schram said. “Each and every one of our Deluxe team members have contributed to this moment, and I could not be more proud of them all.”
The activities in New York are part of a year-long celebration marking Deluxe’s 100 years in business. Throughout the year, Deluxe has shone a spotlight on small businesses through the Small Business Revolution campaign; awarded four small businesses $25,000 each through the Small Business Revolution award campaign; provided 17 Deluxe employees with 100 hours of paid time off to donate to the charity of their choice; and most recently, rewarded 10 nonprofits $10,000 each as part of the Deluxe Foundation’s "Short & Tweet" grants program.
Deluxe Corp. is a growth engine for small businesses and financial institutions. Nearly 4.6 million small business customers access Deluxe’s wide range of products and services, including customized checks and forms, as well as website development and hosting, email marketing, search engine optimization and logo design. For our approximately 5,600 financial institution customers, Deluxe offers industry-leading programs in checks, customer acquisition, fraud prevention and profitability, data and analytics. Deluxe is also a leading provider of checks and accessories sold directly to consumers.
Source: Deluxe Corporation.