Harland Acquires Liberty Enterprises

Credit Union Journal, The, April, 2005 by Ed Roberts, Washington Bureau Chief

In a marriage reminiscent of television's "The Brady Bunch," John H. Harland Co. said last week it has agreed to merge with rival check printer Liberty Enterprises, bringing under one roof the cartoon characters from Peanuts, as well as Batman, Superman and the Charlie Brown, all staples of credit union checking accounts provided by the two companies.

The merger will combine two of the biggest credit union outsourcers and eliminate one more competitor in the rapidly declining market for check printing.

"Our intention is to be the last check printer standing," said John Heald, president of Harland's Printed Products Division, of the declining number of printers serving financial institutions, a list that now includes just Deluxe and Clarke American, along with...

Read the full article with a Free Trial at MyWire.

Premium Content Partnership | MyWire provides an in-depth online archive library of reference works.