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Sunrise Community Banks to Offer Remote Deposit Capture Service from Kodak and CFC Technology to Business Customers

20 Aug, 2008

Sunrise Community Banks to Offer Remote Deposit Capture Service from Kodak and CFC Technology to Business Customers


ST. PAUL, MN, and ROCHESTER, NY (August 19, 2008) - Twin Cities based Sunrise Community Banks, known as “Minnesota’s Socially Responsible Banks,” announced it is expanding its EZ Deposit service to business and nonprofit customers nationwide. This service allows customers to save time and energy by making electronic deposits from the convenience of their offices.

EZ Deposit account holders use KODAK Check Scanners with Web enabled Remote Deposit Capture Client/Server Software Solution and technical support from CFC Technology Corporation, a solutions provider of Kodak’s Remote Deposit Capture technology. EZ Deposit stands for “energy efficient and zero waste,” which complements Sunrise Community Banks’ socially responsible business model.

“EZ Deposit will allow Sunrise Community Banks to raise more deposits from like minded businesses, foundations and nonprofit organizations on a national scale,” said Andy Lawrence, Solutions Business Manager, Document Imaging, Kodak’s Graphic Communications Group. “A service like EZ Deposit as the main entry point from a socially responsible and green financial institution sets the stage for Sunrise Community Banks to form relationships with other socially responsible and green institutions.”

With EZ Deposit, check images are captured by a scanner and deposited electronically to one of the Sunrise Community Banks in about the same time it takes to send an email. Through a secure Internet connection, check images are exchanged, processed and credited to a user’s account generally within 24 to 48 hours.

EZ Deposit reduces the chance of lost deposits. Returned items can be recovered as quickly and cost effectively as possible. Account holders need a PC, check scanner and Internet connection to use the service.

Location and proximity used to be key factors when choosing a financial institution, but EZ Deposit removes geographic restrictions and offers Sunrise Community Banks the opportunity to cultivate relationships with account holders who have similar values of community reinvestment and social justice. Depositors nationwide can choose from any of the three Sunrise Community Banks: Franklin National Bank in Minneapolis, and Park Midway Bank and University National Bank in Saint Paul, Minn. The Sunrise Community Banks are certified Community Development Financial Institutions, a designation earned by institutions with a proven mission and track record of community development. This designation is awarded by a section of the United States Department of the Treasury.

“Collectively, we’re recognized as ‘Minnesota’s Socially Responsible Banks,’ having demonstrated our ability to make a difference in our urban communities,” said David Reiling, CEO, Sunrise Community Banks. “Our Socially Responsible Deposit Fund allows depositors to dedicate funds to be targeted toward affordable housing projects, small business and community investment programs in low and moderate income areas of the Twin Cities.”

KODAK Products are backed by KODAK Service and Support. KODAK Service and Support is made up of more than 3,000 professionals reaching more than 120 countries. It is a leading multi-vendor integrated services provider, delivering consulting, installation, maintenance and support services for the commercial printing, graphic communications, document imaging and data storage industries. KODAK Service and Support professionals are uniquely qualified to provide services that control costs, maximize productivity, and minimize business risk.




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