DEFIANCE, Ohio, Aug. 20, 2007 (PRIME NEWSWIRE) -- 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 Freedom Bank of Southern Missouri, based in Cassville, Missouri, to provide data processing and item processing services.
Freedom Bank of Southern Missouri has chosen RDSI as its technology partner because of RDSI's industry reputation of providing excellent customer service, its commitment to being a secure provider, and having a strong commitment to providing current, but sound technology. "RDSI has a reputation as an industry leader in the bank technology segment. We look forward to a successful long-term relationship," expressed Stan Kelly, President and CEO of Freedom Bank of Southern Missouri.
"RDSI is committed to being a key, informed, contributing technology partner in supporting Freedom Bank of Southern Missouri," commented Hank Thiemann, President of RDSI.
Kenneth A. Joyce, President and CEO of Rurban stated, "We welcome the addition of Freedom Bank of Southern Missouri to our data and item processing family. Freedom Bank of Southern Missouri is an important addition to our client base in the Missouri area, and we are committed to their success. We believe that the choice of RDSI for their data processing services validates RDSI's personal service approach."
RDSI will provide Freedom Bank of Southern Missouri with data and item processing services including state of the art internet banking and back counter capture processes.
About Rurban Financial Corp.
Rurban Financial Corp. is a publicly-held financial services holding company based in Defiance, Ohio. Rurban's wholly-owned subsidiaries are The State Bank and Trust Company, including Reliance Financial Services, Rurbanc Data Services, Inc. (RDSI), and DCM. The community bank offers financial services through its 18 branches in Allen, Defiance, Fulton, Lucas, Paulding and Wood Counties, Ohio and Allen County, Indiana. Reliance Financial Services offers a diversified array of trust and financial services to customers throughout the Midwest. RDSI and DCM provide data and item processing services to community banks in Arkansas, Florida, Illinois, Indiana, Michigan, Missouri, Ohio and Wisconsin. Rurban's common stock is quoted on the Nasdaq Global Market under the symbol RBNF. The Company currently has 10,000,000 shares of stock authorized and 4,999,433 shares outstanding. The Company's website is http://www.rurbanfinancial.net