Thurston First Bank Chooses Goldleaf to Provide Remote Deposit Service

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Solution Offers Remote Web-Based Submission of Check Deposits from Merchant Sites

Goldleaf Technologies, Inc., a leading provider of Web-based ACH origination and check conversion solutions, announced today that Olympia, WA-based Thurston First Bank has chosen its Remote Deposit Express™ solution to provide business customers with remote Web-based truncation and submission of check deposits.

“Businesses are our focus, and Remote Deposit Express is a tremendous tool that will enable us to better serve and secure relationships with our commercial clientele,” says Patti Wheeler, AVP Marketing with Thurston First. “We are known for our cutting-edge electronic services and the flexibility, mobility, and efficiency our services afford to business customers. Goldleaf’s Remote Deposit Express is a perfect fit; it is Web-based and simple to use, both for us and our clientele.”

Remote Deposit Express is a Web-based, bank-branded, front-end solution that requires no software installation. Merchants scan, truncate, and submit checks electronically through a secure, 128-bit RS4 encrypted Internet connection. Financial institutions may process the standardized X9.37 check image files electronically or on paper as substitute checks, making implementation of Remote Deposit Express independent of an institution’s Check-21 readiness on the backend.

“This year, remote deposit services are quickly redefining market geography and upending traditional branch strategy,” says Goldleaf Technologies CEO, Paul McCulloch. “The first financial institution that places a check scanner at the business site wins that business’ deposit relationship,” he continues. “With remote deposit, financial institutions like Thurston First Bank can service any business anywhere. It frees loan officers to pursue and book new commercial accounts like never before.”

Remote Deposit Express is a simple, optional module on the existing Web-based Goldleaf Client™ system that many financial institutions already use to provide ACH origination services. As such, financial institutions may now offer remote deposit (i.e., check truncation) services and/or ACH origination/check-conversion services to participating businesses via one Web-based, front-end using a single scanner.

About Goldleaf Technologies, Inc.

Brentwood, TN-based Goldleaf Technologies, Inc., is a privately held financial services company offering Web-based ACH, check conversion, and remote deposit solutions as well as dynamic, feature-rich websites and intranets for community financial institutions. Goldleaf’s e-payments solutions help financial institutions attract and retain profitable customers, increase core deposits, and generate recurring fee income. Goldleaf serves over 2,500 financial institutions nationwide. For more information, call (877) 999-BANC or visit http://www.goldleaf.com.

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Angela Williams
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