Bankrate.com Announces Top Tier Awards for Fourth Quarter.Business Editors NORTH PALM BEACH, Fla.--(BUSINESS WIRE)--Jan. 22, 2001 Bankrate.com Recognizes Institutions That Provide Highest Yields on FDIC-insured CD's and Money Market Accounts Bankrate.com, the flagship site of Bankrate, Inc (Nasdaq:RATE), today announced the winners of the Top Tier award for the fourth quarter of 2000. The Top Tier award recognizes institutions that consistently provide the highest yields on their consumer offerings, which include FDIC-insured certificates of deposit (CDs) and money market accounts. "Bankrate.com's quarterly Top Tier awards offers consumers a quick and reliable guide to determine the best investment and saving options available today," explained Elisabeth DeMarse, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Bankrate, Inc. "Our accurate and unbiased research allows users to make educated decisions about CD's and Money Market accounts." "Our Top Tier award rewards those institutions that have regularly offered the maximum yields on both CD's and Money Market accounts," noted Jeff Cunningham, Chairman of the Board for Bankrate, Inc. Among the award winners for 4th quarter 2000 are 8 institutions that have also been recognized in 1st, 2nd and 3rd quarter 2000: Bluebonnet bluebonnet: see lupine. bluebonnet Any of several flowering plants, including the Texas bluebonnet (Lupinus subcarnosus), a North American annual legume native to the plains of Texas. About 1 ft (0. Savings Bank; Capital One Bank; Capital One FSB (FrontSide Bus) See system bus. FSB - front side bus ; Equitable Federal Savings Bank Noun 1. federal savings bank - a federally chartered savings bank FSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks ; Key Bank USA; New South Federal Savings Bank; NextBank, NA; and Resource Bank. In addition, seven award winners in the 4th quarter 2000 (Arkansas National Bank; Capital Crossing Bank; Direct Merchants Bank; NetBank; Provident Bank; Safra National Bank; Virtual Bank and Westland Savings Bank Westland Savings Bank was one of 14 regional trustee savings banks operating in New Zealand. WSB was based on the West Coast of the South Island of New Zealand. Formed as a savings bank under special banking legislation that separated savings banks from trading banks. ) were also among the winners in the 3rd quarter 2000. A complete listing of the fourth quarter 2000 recipients is posted at http://www.bankrate.com/toptier. Top Tier awards cover a full range of investment alternatives including minimum-to-open, mini-jumbo and jumbo money market accounts and CDs of terms from 3 months to 5 years. The overall rank is determined by the number of times the institution's yield was among the top 20 yields for a specific product, and the relative ranking of the yield. About Bankrate.com Bankrate.com is owned and operated by Bankrate, Inc. (Nasdaq:RATE). Bankrate.com is the Internet's leading consumer banking marketplace, with an average of 1.6 million unique visitors per month connecting with over 4,000 financial institutions in 126 markets in 50 states. Bankrate operates a portfolio of personal finance channels, including banking, investing, taxes and small business finance. It is the leading aggregator of 100 financial products, including mortgages, credit cards, new and used auto loans, money market accounts and CD's, checking and ATM fees, home equity loans and online banking fees. Bankrate provides financial applications and information to a network of over 130 partners including MSN (Nasdaq:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ), Yahoo (Nasdaq:YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ), America Online (NYSE NYSE See: New York Stock Exchange :AOL), CNN and Smart Money. The company's information is also distributed through more than 100 national and state publications. Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act. Investors are cautioned that actual results could differ materially from those anticipated by such statements and are advised to consult our current SEC filings for additional information concerning risk factors that affect the Company's business. |
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