Bankrate.com Announces Top Tier Awards; Recognizes Institutions That Consistently Offer Highest Yields.Business Editors NORTH PALM BEACH, Fla.--(BUSINESS WIRE)--May 10, 2000 Bankrate.com, a division of the ilife.com (Nasdaq:ILIF ILIF International Logistics Information File ILIF Integral Lock Induced Failure (firearms) ) family of Web sites, announced the institutions that have been awarded the bankrate.com 100 Highest Yields newsletter Top Tier award for the first quarter of 2000. Bankrate.com is issuing Top Tier awards to institutions that have consistently provided the highest annual percentage yields on their consumer offerings, which include certificates of deposit (CDs) and money market accounts. "By checking to see if the institution has received Top Tier recognition prior to investing in a by-mail money market or CD account, consumers can easily decide where to invest for the longest-term high-yield results," said Karen Christie, VP of Research for bankrate.com. "This will save the time and interest income that is often lost in opening and closing accounts by mail and waiting while funds are in transit." Top Tier awards cover a full range of investment alternatives including minimum-to-open, mini-jumbo and jumbo money market accounts and CD's of terms from 3 months to 5 years. The Top Tier awards will be presented quarterly to those institutions that have consistently offered deposit products with the highest annual percentage yields (APYs) among those tracked during that quarter by the bankrate.com newsletter, 100 Highest Yields(R). At the end of 2000, annual Top Tier awards will be presented to those institutions that have maintained their high-yield status throughout the year. A complete listing of the first quarter 2000 recipients is posted at http://www.bankrate.com/brm/rate/rankings.asp. About Bankrate.com Bankrate.com provides consumers with financial data, research and editorial information on non-investment financial products. A large research team surveys some 4,000 financial institutions every week in order to provide objective rate information on banking products including mortgages, credit cards and auto loans. Bankrate.com is unique in its approach to offering objective rate information on 130 markets in all 50 states and Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. . About ilife.com Based in North Palm Beach, Fla., ilife.com (Nasdaq:ILIF) is an industry leader in providing and syndicating personal finance infrastructure for the online consumer public through a broad portfolio of demographically targeted Web sites, print publications and broadcast segments. The company's leading personal finance site, bankrate.com, features original content that deals with financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against , taxes, insurance, investing and banking. Our gateway site, www.ilife.com serves as an introduction to ilife.com's family of Web sites, including the award-winning bankrate.com, Pivot.com (insurance e-commerce - www.pivot.com), theWhiz.com (planning content - www.thewhiz.com), IntelligentTaxes.com (tax planning Tax planning Devising strategies throughout the year in order to minimize tax liability, for example, by choosing a tax filing status that is most beneficial to the taxpayer. - www.intelligenttaxes.com), Consejero.com, (Spanish-language personal finance - www.consejero.com) CPNet.com (college lifestyle - www.cpnet.com) and GreenMagazine.com (investing - www.greenmagazine.com). Content from ilife.com is published on co-branded Internet sites through more than 120 distributors, including Snap (Nasdaq:NBCI NBCI National Biological Control Institute (USDA subsidiary) NBCI North Branch Correctional Institute (Maryland) NBCI National Broadcasting Company Internet/Interactive ), Yahoo! (Nasdaq:YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ), America Online See AOL. (NYSE NYSE See: New York Stock Exchange :AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. ), CNN CNN or Cable News Network Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world. and Smart Money. The company's original research is also distributed through more than 120 national and state publications. Ilife.com sites have approximately one million unique visitors per month, according to Media Metrix. |
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