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Americas United Bank Adds Remote Deposit Processing to Cash Management Product Line.


GLENDALE, Calif. -- Americas United Bank (OTCBB:AUNB) today announced that it has begun offering customers Remote Deposit Processing, a web-based check image capture, storage and processing solution.

"Americas United Bank is always looking for ways to provide new on-line services to meet our customers' needs," said Gil Dalmau, President and CEO of Americas United Bank.

"Our Remote Deposit Processing system offers an innovative solution that makes check depositing quicker, safer, very efficient, and definitely more convenient for our clients."

Americas United Bank customers only need an internet-enabled PC and a check scanner provided by the Bank. Checks are passed through the scanner then transmitted through a secured encrypted internet connection to the Bank for clearing. The funds are immediately deposited into the customer's account. Every step of the process can be viewed online and check images are archived for easy retrieval and viewing.

This process allows customers to optically present their checks securely from their place of business saving them time and money. In addition, we also have the technology to handle high volume processing as well as provide customers with the ability to bring their Lockbox process in-house while seamlessly integrating all transactions directly into their accounting software.

The Bank's staff is currently working with the Bank's new and existing customers to set them up for Remote Deposit Processing, and the demand for this innovative solution is very strong. Anyone interested in the product can contact the Bank at (818) 637-7000, or visit the Bank's website, www.aubank.com.

Founded by a group of respected business leaders, Americas United Bank offers a full range of banking and cash management services to small and mid-sized businesses and their owners, enabling them to grow and compete. Americas United Bank provides local knowledge of the business climate and personalized high-tech banking services like online bill-paying, check imaging and online wire transfers that allow businesses to get ahead by efficiently managing their cash and credit needs. For more information on the Bank, please visit our website at www.aubank.com.

Certain statements in this press release, including statements regarding the anticipated development and expansion of the Bank's business, and the intent, belief or current expectations of the Bank, its directors or its officers, are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the local and national economy, the Bank's performance and implementation of its business plans, loan performance, interest rates, and regulatory matters.

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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 20, 2007
Words:444
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