DEFIANCE, Ohio, Aug. 14, 2007 (PRIME NEWSWIRE) -- Rurban Financial Corp. (Nasdaq:RBNF), a leading provider of full-service community banking, investment management, trust services and bank data processing, today announced its technology subsidiary, RDSI, has successfully signed a 48-month contract with Emerald Bank. Emerald Bank is based in Dublin, Ohio.
RDSI's reputation for personalized service, sound operations, and knowledgeable staff were significant contributors to the decision by Emerald Bank to choose RDSI as its technology partner. "RDSI has an outstanding commitment to customer service notable within the bank technology industry. We look forward to a flawless conversion and start-up as we begin our transition to their systems!" stated Glenn Aidt, President of Emerald Bank.
"We welcome the opportunity to become a technology partner for Emerald Bank. Glenn and his staff are dedicated to their community bank principles and we are pleased to support them in meeting their community commitments," commented Hank Thiemann, President of RDSI.
Kenneth A. Joyce, President and CEO of Rurban Financial Corp. stated, "We continue to see growth within our own market as clients make the conversion to RDSI for their data processing services. This continued growth is a validation of the service and assistance we provide to our banking clients."
RDSI will provide core data processing services including internet banking services with an emphasis on commercial business.
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