EZ Deposit Service Allows Customers to Make Deposits without Traveling to Local Bank

ST. PAUL, Minn., and ROCHESTER, N.Y., Aug. 18—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 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 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 Banks are certified Community Development Financial Institutions, a designation given to institutions with a proven mission and track record of community development. This designation is awarded by a department of the U.S. 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, community investment programs, and minority business development.”

 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.

About Sunrise Community Banks

With headquarters in St. Paul, Minn., Sunrise Community Banks consists of three independently chartered and managed financial institutions: Franklin National Bank, Park Midway Bank and University National Bank. They are “Minnesota’s Social Responsible Banks®”, dedicated to being the leaders in improving their urban communities in Minneapolis and Saint Paul. The banks’ total assets exceed $475 million. On average, the banks process $20 million in deposits each month through their EZ Deposit service.

About CFC Technology Corporation

Located in a western suburb of Minneapolis, CFC Technology Corporation is the nation’s largest independent provider of check imaging and Remote Deposit Capture solutions in the United States. One of Kodak’s Remote Deposit Capture partner, its hosted data center securely transmits Remote Deposit Capture images from the merchant’s (or business account holder’s) location to the subscriber financial institution. This capability saves financial institutions the money and hassle of creating their own image transmission capabilities, which would take their IT department away from pressing internal projects. The company’s mission is to assist financial institutions generate greater revenue from their customer relationships and benefit from more efficient, secure and continuous business operations. Financial institutions leverage their technology investments to improve business profitability through CFC Technology solutions, services and financial network expertise. The company has more than 850 financial institution customers in the United States.

About Kodak

As the world's foremost imaging innovator, Kodak helps consumers, businesses, and creative professionals unleash the power of pictures and printing to enrich their lives.

To learn more, visit http://www.kodak.com/, and our blogs: 1000words.kodak.com, PluggedIn.kodak.com, and GrowYourBiz.kodak.com.

Editor’s Note: Kodak corporate news releases are now offered via RSS feeds. To subscribe, visit www.kodak.com/go/RSS and look for the RSS symbol. In addition, Kodak podcasts are viewable at www.kodak.com/go/podcasts. Our podcasts may be downloaded for viewing on iTunes, Quicktime, or other PC-based media players. Users may also subscribe to Kodak podcasts via the iTunes application if already installed on your computer. From the iTunes store, type “Kodak podcast” in the search field to view all of our podcast offerings.

More information about KODAK Document Imaging Scanners and Services is available at

www.kodak.com/go/docimaging.

(Kodak is a trademark of Eastman Kodak Company.)

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