Complete Story
03/24/2010
RDSI Banking Systems Enters Contracts with Four Banks for use of Single SourceTM System
Defiance, Ohio - March 23, 2010 - 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 First National Bank of Blanchester, Blanchester, Ohio; The Corn City State Bank, Deshler, Ohio; The Metamora State Bank, Sylvania, Ohio; and The Sherwood State Bank, Sherwood, Ohio have selected the Single SourceTM core banking application offered exclusively through RDSI Banking Systems.
R. Douglas Naylor, President and Chief Executive Officer of First National Bank of Blanchester, stated, "The contract with RDSI Banking Systems made the best business sense for us as we examined our options. The Single SourceTM application, which offers real-time capability, will provide our bank the necessary tools to stay current in the banking industry for our customers."
Diane Hoops, President and Chief Executive Officer of The Corn City State Bank, stated, "RDSI's commitment and personal approach to providing world class technology solutions were important factors in our decision. We look forward to continuing our longstanding partnership with RDSI using the new core banking application, Single SourceTM."
Jim Armstrong, President and Chief Executive Officer of The Metamora State Bank, stated, "We are looking forward to continuing the partnership with RDSI using the new core banking application, Single SourceTM. We are long-time clients of RDSI and their support reputation and knowledge were important factors in our decision."
Mickey C. Schwarzbek, President and Chief Executive Officer of The Sherwood State Bank, stated, "We made our decision to partner with RDSI based upon RDSI's expertise and strong reputation for customer support. The Single SourceTM application, which offers real-time capability, will provide high-quality banking technology and value-added services to our clients."
Kenneth A. Joyce, President and Chief Executive Officer of RDSI, stated, "The new Single SourceTM application provides real-time capability, product and development flexibility, and cost savings offering clear benefits to banks choosing the application. RDSI is looking forward to a continuing relationship providing state of the art technology to our new banking clients."
