DEFIANCE, Ohio, March 1, 2010 (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 NStar Community Bank, Bingham Farms, Michigan, has selected the core banking application Single Source™ through RDSI Banking Systems.
Jeffrey I. Kopelman, President and Chief Executive Officer of NStar Community Bank, stated, "We have been a client with RDSI for several years and have seen firsthand their proven track record in action. We are looking forward to the partnership with RDSI to use the new core banking application Single Source™."
Kenneth A. Joyce, President and Chief Executive Officer of RDSI, stated, "The partnership that is formed between NStar Community Bank and RDSI is a direct result of the dedication of the RDSI team working with NStar Community Bank staff to provide current technology and unparalleled personalized service. We are excited about the new Single Source™ product and its real-time capability."
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 19 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, 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 4,861,779 shares outstanding. The Company's website is http://www.rurbanfinancial.net.