DEFIANCE, Ohio, Aug. 12, 2008 (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 Battle Creek State Bank, based in Battle Creek, Nebraska, to be its data processing partner.
Roger Brestel, President of Battle Creek State Bank, stated, "Our current processor, The Cattle National Bank and Trust Company, was looking to move in a different direction. When they came to us with RDSI as their partner, we quickly realized the expanded potential of the combined offering. We are very excited about this partnership and believe the service and product enhancements will help grow our business."
"We are looking forward to providing excellent service to Battle Creek State Bank and we feel that we can be a key partner in growing their business and profitability," stated Hank Thiemann, President of RDSI.
Kenneth A. Joyce, President and CEO of Rurban Financial Corp., commented, "This is a very positive partnership in the Nebraska market. RDSI's expansion into Nebraska is reinforced each time we sign a new client and we welcome Battle Creek State Bank into the family."
RDSI will be providing core data processing services and support of banking products. Battle Creek State Bank will be utilizing the partnership with The Cattle National Bank and Trust Company, based in Seward, Nebraska, for their item processing needs and back counter electronic capture of items.
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 and Rurbanc Data Services, Inc. (RDSI), including DCM. The State Bank and Trust Company offers financial services through its 17 branches in Allen, Defiance, Fulton, Lucas, Paulding and Wood Counties, Ohio and Allen County, Indiana and a Loan Production Office in Franklin County, Ohio. Reliance Financial Services, a division of the Bank, 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, Nebraska, Nevada, 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 4,913,933 shares outstanding. The Company's website is http://www.rurbanfinancial.net.