Rurban Announces RDSI Agreement with State Bank of Bartley
Defiance, Ohio – August 11 2008– Rurban Financial Corp. (Nasdaq: RBNF), a leading provider of full-service community banking, investment management, trust services and bank data and item processing, today announced its technology subsidiary, RDSI, has entered into an agreement with the State Bank of Bartley, based in Bartley, Nebraska, to be its data processing partner.
Hank Thiemann, President of RDSI, stated, “We are encouraged by RDSI’s growth in the Nebraska market and by becoming the provider of choice for the State Bank of Bartley, which helps to reinforce our presence in this state. We look forward to working as a partner with the Bank to grow their business.”
“We are committed to being an active technology partner in the support of State Bank of Bartley’s success,” stated Kenneth A. Joyce, President and CEO of Rurban Financial Corp. “We welcome them aboard and look forward to providing excellent, state of the art service.” RDSI is an industry leader in bank data and item processing and has technical tools and expertise to bring the Bank’s services to a higher level.
RDSI will provide core data processing services and support banking products to aid in differentiating State Bank of Bartley in their market place. State Bank of Bartley’s Item Processing will be processed through RDSI’s Nebraska partner, The Cattle National Bank and Trust Company, based in Seward, Nebraska, including back counter electronic capture of items. RDSI formed a partnership with The Cattle National Bank and Trust Company in October, 2007. Through this partnership, RDSI has expanded services into the Nebraska market, aiding brand recognition for the continued growth of RDSI.