PENNSTAR BANK ANNOUNCES ALLIANCE WITH INTUIT’S QUICKEN AND QUICKBOOKS SOFTWARE


SCRANTON, PA (JUNE 10, 2008) – Pennstar Bank has formed an alliance with software maker Intuit to offer Web Connect service. Pennstar Bank customers can now download their account information into Intuit’s Quicken® 2008 or QuickBooks® 2008 software, eliminating the need to manually enter transaction data. Quicken is geared toward individuals, while QuickBooks targets small businesses.

At Pennstar Bank’s free Online Banker service (www.pennstarbank.com), customers can download their account and transaction information into Quicken or QuickBooks software through Web Connect, an industry-standard interface for exchanging financial data over the Internet. Customers can use the software’s One-Step Update feature, which downloads data in minutes.

Intuit Inc., based in Mountain View, Calif., is a leading provider of business and financial management solutions for individuals, accounting professionals, small and mid-sized businesses and financial institutions. Its flagship products and services—including Quicken, QuickBooks and TurboTax® software—simplify personal finance, small business management and payroll processing and tax preparation and filing.

Pennstar Bank provides personal banking, asset management and business services. The independent community bank, headquartered in Scranton, Pa., has 39 offices in six northeastern Pennsylvania counties. Norwich, N.Y.-based NBT Bancorp Inc., the parent company of Pennstar Bank, had assets of $5.2 billion as of March 31, 2008.
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