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NEW YORK, April 14, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Bankrate, Inc. (Nasdaq: RATE) announced today that The Society of Professional Journalists has recognized Bankrate.com writers for their coverage of the Sept. 18, 2007 Federal Reserve Open Market Committee's rate cut and its impact on consumers. The Bankrate editorial staff was awarded the Sigma Delta Chi Award for deadline reporting by an online news organization.
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"We are thrilled and honored with this award," said Julie Bandy, editor in chief of Bankrate.com. "We get very excited about Fed day around here, and nearly all of the editorial and design teams are involved in reporting the news and getting it online as fast as possible."
The editorial and design teams include writers Holden Lewis, Laura Bruce, Sheyna Steiner, Leslie McFadden; editors Doug Delp and Ellen Cannon; copy editors Katie Doyle, Jessica Seubert, and Claes Bell; and designers Sharon Giannotti, Stacie Foster, Myra Cristobal, Bryan Ives and Seth Stephens.
Bankrate's Fed coverage included an analysis of the Fed's rate cut as well as four stories detailing with the impact of the cut on major money concerns of consumers including: mortgages, auto loans, certificates of deposit, money market accounts, home equity loans and credit cards.
The Sigma Delta Chi Awards recognize the best in professional journalism in 48 categories, covering print, radio, television, newsletters, photography, online and research.
About Bankrate, Inc.
Bankrate, Inc. (Nasdaq: RATE) ("Bankrate") owns and operates Bankrate.com, a leading Internet consumer banking marketplace. Bankrate.com is a destination site of personal finance channels, including banking, investing, taxes, debt management and college finance. Bankrate is the leading aggregator of more than 300 financial products, including mortgages, credit cards, new and used auto loans, money market accounts and CDs, checking and ATM fees, home equity loans and online banking fees. Bankrate reviews more than 4,800 financial institutions in 575 markets in 50 states. In 2006, Bankrate.com had nearly 53 million unique visitors. Bankrate provides financial applications and information to a network of more than 75 partners, including Yahoo! (Nasdaq: YHOO), America Online (NYSE: TWX), The Wall Street Journal (NYSE: DJ) and The New York Times (NYSE: NYT). Bankrate's information is also distributed through more than 400 national and state publications. In addition to Bankrate.com, Bankrate also owns and operates Bankrate Select, an Internet lead aggregator and Mortgage Market Information Services, Inc. and Interest.com, Inc., each of which publishes mortgage guides and financial rates and information.
For more information contact:
Bankrate, Inc.
Kayleen Keneally
Sr. Director, Corporate Communications
kkeneally@bankrate.com
(917) 368-8677
SOURCE Bankrate, Inc.
http://www.bankrate.com/
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