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 successfully signed an agreement with Curtis State Bank, based in Curtis, Nebraska, to be its data processing partner.
RDSI will be providing core data processing services and support of banking products. Curtis State Bank will be utilizing the partnership of The Cattle National Bank and Trust Company, based in Seward, Nebraska, for their item processing needs and back counter electronic capture of items.
"The expanded depth provided by RDSI along with the fact that we could still continue our relationship with The Cattle National Bank and Trust Company was very appealing to me," stated John Wilkinson, President of Curtis State Bank. "We look forward to a long and prosperous relationship with both parties."
Hank Thiemann, President of RDSI, stated, "Our entrance into the Nebraska territory is growing due to the fact that we have provided high integrity and value-added services to our clients. We welcome Curtis State Bank into our family of banking clients."
"We are dedicated to providing excellent banking technology services to the industry and we have a positive outlook for providing further services to the Nebraska market area. We welcome Curtis State Bank into the RDSI family," stated Kenneth A. Joyce, President and CEO of Rurban Financial Corp.
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.