Bank of Idaho Selects Goldleaf’s Remote Deposit Express™

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Solution Removes Geography as Barrier to Deposits

Goldleaf Technologies, Inc., a leading provider of Web-based ACH and check electronification solutions, announced today that Idaho Falls, ID-based Bank of Idaho has chosen Goldleaf's Remote Deposit Express™ solution to provide business customers with remote Web-based truncation and submission of check deposits.

“In Idaho, our customers are spread over a large geographical area, and Remote Deposit Express removes geography as a barrier to servicing and soliciting deposit account relationships,” says Jeff Jones, Executive Vice President and COO of Bank of Idaho. “Offering remote deposit also helps us compete against big banks that are beginning to roll out similar services,” says Jones. “Time is of the essence, and we knew Goldleaf's remote deposit solution was already in production at numerous other community banks across the country.”

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.

“A simple, easy-to-use, remote deposit service will enable the bank's growth strategy and bolster deposits in near-market areas beyond the reach of existing branches,” says Goldleaf Technologies CEO, Paul McCulloch. “Bank of Idaho also understands that the first financial institution to place a check scanner at a business site wins that business' deposit relationship for the long term.”

Remote Deposit Express is a simple, optional module of 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 a single Web-based, front-end solution using a single check scanner.

About Bank of Idaho:

Idaho Falls-based Bank of Idaho is a $200M asset community bank with six offices located in eastern Idaho. Bank of Idaho is committed to exceptional service and active employee involvement in the communities it serves. Chartered in September 1985, the bank changed its name from the Bank of Eastern Idaho in 1999 in anticipation of future growth outside of eastern Idaho. The Bank of Idaho operates a full-service residential Mortgage Loan Department and Trust Department.

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


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