about banksupplies®
key facts
- Based in Ypsilanti, Michigan
- 70,000 sq. feet of warehouse space
- Major distribution hubs in 4 locations nationwide
- 350 Pages of Products in the 2021 Catalog
October 2020 Update
BankSupplies growth continues with our 24th straight month of record sales and revenue. What's more, our new 30,000 square foot facility in Ypsilanti, Michigan is now in operation. We are expanding our product offering each month and reaching new sources all over the world to bring you the best pricing possible.
BankSupplies has added 3 experienced senior sales staff during the last 60 days. We welcome them to our family as we continue to expand our staff and product offerings in the North American marketplace.
Q1 2020 Update
Despite the uncertain times we are living thru at the present, BankSupplies posted record March results and also posted the best 1st quarter results in company history!
March Results
Sales Revenue Up 8% over March 2019
Sales Margin Up 15.5% over March 2019
First Quarter Results
Sales Revenue Up 14% over Q1 of 2019
December 2019 Update
BankSupplies completed the 2019 Fiscal year on a high note. Every month of 2019 was the best in company history! fiscal 2019 was 22% higher in revenue and profitability than the previous year, making this our most successful year ever.
Product growth included the following:
Counterfeit Detection up 300%Print Toners up 88%Thermal Paper Rolls up 45%Forms and Brochures up 35%Currency Counters up 25%Tamper Evident Bags up 15%
BankSupplies will be moving to a new location in 2020, about ten minutes from our current location. Our new physical address will be 770 James L Hart Parkway in Ypsilanti, Michigan. This facility will triple our current warehouse and manufacturing space!
November 2019 Update
BankSupplies has done it again! We recorded a new November record for revenue and margin, with revenue and net income increasing by 18% from November of 2018. Our holiday seasonal item sales increased 22% from the previous year, officially making this our most successful holiday envelope season ever!
BankSupplies is proud to partner with Accubanker, one of the premier coin and currency counter manufacturers world wide!
Accubanker Products:
October 2019 Update
BankSupplies has once again recorded a new all time record month for revenue and margin during the month of October 2019. Sales revenue was up 18% over the same month in 2018, and sales margin increased by 21% versus the same month a year ago.
The holiday seasonal items are up over 40% from our previous year, in addition to our staple of Banking essentials such as deposit bags, cloth bags and printed items.
In addition, BankSupplies introduced several new products during October:
NEW FORT KNOX Key Cabinets:
New Display Signs and Lobby Products
the banksupplies story
BankSupplies was recently purchased by its new owners, Rusty Wigal and Ross Gordon on May 16th of 2018. Mr. Wigal and Mr. Gordon were previously involved with BankSupplies in key management positions for the past 15 years. We have enjoyed consistent growth and success through product innovation and development of lower cost manufacturing as well as strategic changes during that timeframe. We will vigorously continue to deliver a higher standard of reliability and service to all our customers moving forward. We know that financial markets, casinos and retail have always been our core business. We will continue those relationships and build our breadth of offerings to other markets going forward. Our customers have always relied on BankSupplies because we deliver what they need with a 98% same day shipping record. BankSupplies treats the customer right and we truly care. That will never change.
