DEFIANCE, Ohio, Feb. 11, 2009 (GLOBE 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 that Marshall County State Bank in Varna, Illinois, has selected RDSI Banking Systems to be its data and item processing partner. RDSI will be providing core data and item processing services and support of banking products. RDSI services approximately 120 community banks in ten states.
Hank Thiemann, President of RDSI, stated, "Marshall County State Bank made their decision to partner with RDSI based upon RDSI's expertise, endorsed by our strong reputation for customer support. RDSI is dedicated to providing high-quality banking technology and value-added services to our clients. We welcome Marshall County State Bank into our family of banking clients."
Angel Gibson, President of Marshall County State Bank, stated, "The opportunity to work with the experienced team at RDSI provides us with an advantage as we look to expand into new markets. We believe that having a knowledgeable partner such as RDSI will bring value-added, fresh ideas, and well-grounded expertise to our organization." Marshall County State Bank is located in Varna, Illinois, with assets of approximately $21 million.
Kenneth A. Joyce, President and Chief Executive Officer of Rurban Financial Corp., commented, "The addition of Marshall County State Bank to the RDSI family is another example of the recognition of RDSI as a premier data and item processing company. We're excited to be part of Marshall County State Bank's strategy for success."
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 RDSI Banking Systems (RDSI), including DCM. The State Bank and Trust Company offers financial services through its 22 banking centers in Allen, Defiance, Fulton, Lucas, Paulding, Williams 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 4,877,307 shares outstanding. The Company's website is http://www.rurbanfinancial.net.