CASE STUDY

Davis Bancorp
Automating to Improve
Currency Handling Efficiency
 ›››

NEW INNOVATIVE BANDING SOLUTION 63K

Banknotes
Efficiency + Accuracy per hour

CITs rely on efficient currency processing solutions

to handle the millions of banknotes they process
every year. Here's why Davis Bancorp partnered with
Giesecke+Devrient to install a BPS C5 and ran a successful
trial of the new Bander Delivery Module.

With over 70 years of success as a According to President J.R. Davis, other. Additionally, we are privately
Cash-In-Transit (CIT) and Protective the company’s success is built on a held, with no foreign or external
Services company, Davis Bancorp commitment to the market. “We shareholders, so have the strong
has earned the lasting trust of banks, have a responsibility to our clients capacity to take a longer view.”
government institutions, and the that informs the conduct of our Catie Wloch, Vice President, adds,
American commercial sector. Based management team. We focus on “Employee retention is another critical
in the Chicagoland area, they service the three pillars of operations: key element of our success, and we
the broader metropolitan tri-state Talent, Tools and Technology, and are very proud of our 95% retention
area, including Illinois, Wisconsin, we believe that investment in one rate. We have a team of enduring
and Indiana. shouldn’t come at the expense of the talent that drives our success.
 ›››

Without skilled colleagues, we couldn’t

“Like us, G+D
use our equipment as efficiently or 100%
drive workflow improvements. We all wants to do things
take pride in our spotless facility and Productivity
attention to detail as important factors better, not just
in our success. Improvement
faster but also safer
CASH OPERATIONS AND THE G+D
ADVANTAGE and with improved
When it comes to cash processing
processes,"
operations, Davis Bancorp looks for J.R. DAVIS
providers that will become long-term PRESIDENT, DAVIS BANCORP
partners and have high-quality products
to support them. Giesecke+Devrient
(G+D) is proud to be one of their
partners since 2020. FINDING THE RIGHT EQUIPMENT
FOR THE JOB
“We look for forward-thinking and
effective partners where we can The tabletop BPS C5 from G+D was
establish a strong baseline of trust. the perfect fit for a CIT like Davis
One of the things we appreciate most Bancorp. This solution is highly
about G+D is their focus on continual configurable from 5 to 25 output
The BPS C5 is a flexible
improvement. Like us, G+D wants to stackers and processes up to 63,000
do things better, not just faster but also banknotes per hour. The sensor tabletop solution. The new
safer and with improved processes,” system in the BPS C5 verifies and sorts Bander Delivery Module
says Davis. “We are all about a “belt banknotes precisely and reliably and enhances productivity by
and suspenders” approach to our excels in detecting suspect banknotes. automatically banding and
operational design, ensuring that we Wloch states, “The BPS C5 is a labelling the most common
have built-in and resilient backup plans, great size for our various workloads. denominations.
which drives our vendor selection It accommodates many types of
process.” customers.”
 Adding the Bander Delivery Module to the BPS C5 resulted in these
Since implementing the BPS C5 in improvements:
2020, operational benefits have
included: • Doubled teller productivity rate
• Enhanced strap-level fraud detection
• Doubled fitness sorting
improvement • Three-fold currency processing output acceleration
• 4X deposit accuracy average • Broadened end-to-end data integration opportunities
increase
• 82% decrease in manual
adjustment rate
Bander Delivery Standard Delivery Input Module
When asked why they chose G+D for Module (BDM) Module (BDM)

their latest currency processor over

the competition, Davis explains, “We
appreciated the honesty from the
G+D team on what was and wasn’t
available. Other vendors promised
things that just simply weren’t ready
or operationally effective. G+D
offered their expertise on how best
to deploy and use the equipment. It
wasn’t a procurement-driven sale but
rather a partnership approach.”

TRIAL OF BPS C5 WITH BANDER

DELIVERY MODULE DRIVES NEW
EFFICIENCY “I would rate the G+D installation
A recent field trial in Davis Bancorp’s team as 10/10. They were
currency processing operation
included the new Bander Delivery
incredibly well-organized."
Module (BDM) for the BPS C5 from
J.R. DAVIS
G+D. Automated banding improves
throughput and efficiency. The most
common denominations are banded
automatically, and 5%others may INSTALLATION AND SERVICE LOOKING TO THE FUTURE
be manually banded. Packages of EXCELLENCE
100 banknotes are ejected into a bin
J.R. Davis looks forward to a buoyant
and roll printing provides important
High-quality equipment is only and bright future and believes cash
processing information. The BDM can
one part of the equation for a will remain an essential part of the
be retrofitted to existing BPS C5s.
high-volume currency operation. payment system. “Despite some of the
Davis explains why they agreed to Installation and service excellence headlines, we see cash transport and
participate in the field trial, “We are are equally important areas processing as worthy of continued
always looking for ways to improve where G+D takes great pride. investment. We look forward to new
efficiency, not from a reduction in Says Davis, “I would rate the G+D opportunities beyond just the sealed
personnel perspective, but with a installation team as 10/10. They delivery model and welcome a shared
view of bolstering the resiliency of were incredibly well-organized, commitment to best practices across
our processes. We need to be ready and the communications were the industry,” says Davis.
to grow and scale up to meet future solid. The installers were very
market demand, and that means a knowledgeable and showed a
deliberate and selective acquisition keen interest in our operation
of equipment and infrastructure to and how the bander might fit.
support that mission.” They were also very friendly and
personable, which our team
appreciated.”
BPS C5 at Davis Bancorp
I N P U T A N D O P E R AT I O N
MODULE
A large touchscreen, large continuous
feeder (input capacity of up to 4,000
banknotes) a reject compartment and
the highest resolution sensors in the
market.

DAVIS BANCORP, CHICAGO

SECURITY IS IN THE DETAILS

Founded in 1951, Davis Bancorp lasting trust of banks, retailers,

is a privately held American, and other organizations. Davis
protective services and cash- Bancorp looks for providers that
in-transit company. For over will become long-term partners
seventy years their attention and have high-quality products to
to detail and professionalism support them. Giesecke+Devrient
has garnered the company the (G+D) is proud to be one of their
partners.

davisbancorp.com 1+847-998-9000
GDAICT2305CaseStudy_BPS C5_Jan 2023_en

Giesecke+Devrient
Currency Technology America, Inc.
45925 Horseshoe DR
Dulles, Virginia
USA 20166
Web: www.gi-de.com

© Giesecke+Devrient
Currency Technology GmbH
2023