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Hollen no stranger to the Midwest

MOUNDS VIEW, Minn. - Moving from California to Minnesota could understandably shock the system of most people, but not Stan Hollen. "I grew up in Central Illinois. I spent 10 years in Peoria with CEFCU. My wife Beth is from Chicago and we have relatives in Madison and Chicago," said...

By Staff Writer | Updated on September 24, 2002

MOUNDS VIEW, Minn. – Moving from California to Minnesota could understandably shock the system of most people, but not Stan Hollen. “I grew up in Central Illinois. I spent 10 years in Peoria with CEFCU. My wife Beth is from Chicago and we have relatives in Madison and Chicago,” said Hollen. “I’ve been in cold weather before.” Interestingly during his days at Eastern Illinois University in an MBA program Hollen actually wrote a paper on the checkless society. Seems like blasphemy now? “Checks are still a big part of commerce today and will be for a while,” said Hollen, now at the helm of the industry’s largest check printer. Though he said he and Liberty are well aware that other payment systems will continue to chip away at checks.

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