Rurban Financial (Nasdaq:RBNF), a leading provider of full-service community banking, investment management, trust services and bank data and item processing, today announced that Port Austin State Bank of Port Austin, Michigan, has selected the Single Source core banking application offered exclusively through RDSI Banking Systems.
Stephen H. Schmidt, President of Port Austin State Bank, stated, "We have been with RDSI for several years and have seen their proven track record in action. We look forward to a successful future relationship and the exciting benefits of the new Single Source(TM) product."
Kenneth A. Joyce, President and Chief Executive Officer of RDSI, stated, "We are very pleased that Port Austin State Bank made their decision to proceed with the Single Source(TM) core banking application and benefit from RDSI's strong reputation of personalized service and unwavering commitment to its client banks."
Mr. Joyce continued, "We are excited about the opportunity this new core system presents, the potential for cost savings to our client banks, and the benefits of using a system with real-time capability as opposed to the 30+ year old legacy systems currently being offered."