2008-11-19 04:16:00 -
Banks.com, Inc. (AMEX:http://cts.businesswire.com/ct/CT"id=smartlink&url=http%3A%2F%2Ffinance.yahoo.com%2Fq%3Fs%3DBNX&esheet=5834811&lan=en_US&anchor=BNX&index=1), a leading family of financial services web properties, announced today that it has entered into mutual promotion agreements with ICLUBcentral Inc. and MyRetirementRewards. ICLUBcentral"s web property StockCentral.com and MyRetirementRewards.com will offer their members the opportunity to participate in the MyStockFund savings and investment program, a service of Banks.com"s wholly-owned brokerage subsidiary MyStockFund Securities, Inc. (Member FINRA/SIPC).
MyStockFund Securities, Inc. will offer our new partners" members its unique fractional share, dollar-based service that allows individuals to invest as little as $10.00 per month. With no account minimum and a low cost structure, MyStockFund will enable their members to invest economically and automatically.
"We're excited to be partnering with StockCentral.com and MyRetirementRewards.com to offer our MyStockFund service to their members," said Dan O"Donnell, Chairman and Chief Executive Officer of Banks.com, Inc. "These programs will expand the reach of our MyStockFund offering and will allow new users to take advantage of the product"s dollar-cost averaging, diversification and dividend reinvestment opportunities."
"StockCentral.com"s members recognize the value of investing directly in the stock market and building a portfolio of quality companies," said Douglas Gerlach, President of ICLUBcentral Inc. and Founder of StockCentral.com. "Using MyStockFund, our individual investors and investment club members will be able to invest inexpensively in sensible stocks that they"ve discovered and researched using StockCentral"s tools, helping them to find long-term financial success."
"In an uncertain economy, people are finding it harder and harder to save. We have thoughtfully addressed this issue with our retirement savings program. Our motto is: "Savings Without Sacrifice," a concept we believe every consumer can get behind," stated Dan Draper, Chief Operating Officer of My Retirement Rewards, Inc. "Through our strategic partnership with MyStockFund, we can now offer an affordable investment vehicle that gives MyRetirementRewards members an additional way to add to their investment portfolios."
About MyStockFund Securities, Inc. and Banks.com
MyStockFund Securities, Inc. (MSFS), member NASD/SIPC, is the broker-dealer offering the unique securities trading platform behind MyStockFund.com. MSFS is a wholly-owned subsidiary of Banks.com. To learn more visit
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Banks.com is a leading Financial Services portal containing a unique breadth and depth of products and services. Our mission is to bring our users and subscribers the most relevant financial information on the web. Banks.com provides access to thousands of pages of current financial content, including: articles, stock quotes, audio, video, blogs and much more. In addition, Banks.com provides free tools to assist visitors with their financial decision-making including stock tracking and financial calculators. Our site contains information and products on a variety of topics such as Banking, Stocks & Bonds, Taxes, Mortgages, Personal Finance, Credit Cards, Insurance and Retirement Planning. Banks.com, Inc. is headquartered in San Francisco, California at 222 Kearny Street, Suite 550 and can be reached at 415.962.9700. More information about Banks.com, Inc. can be found at:
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About ICLUBcentral Inc.
Based in Cambridge, Massachusetts, ICLUBcentral Inc. is a leading provider of online and software tools for long-term oriented individual investors and investment clubs. The company develops and markets programs for investment club accounting and tax preparation, as well as for fundamental stock analysis and screening. The company"s StockCentral.com web site provides data, community, and online tools to assist investors in identifying, researching, and analyzing stocks, and also provides an integrated historical data feed that works with the company"s flagship stock analysis software, Toolkit 6. ICLUBcentral also publishes a monthly investment newsletter, the Investor Advisory Service, which boasts a 35-year track record and a long history of outperforming the overall market. The company"s headquarters are located at 1430 Massachusetts Avenue, Cambridge, MA 02138, and can be reached by phone at 617-661-2582. For more information, visit
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About MyRetirementRewards, Inc.
My Retirement Rewards (MRR) is an innovative savings program providing members with both instant savings and retirement cash rewards as they shop online from the myretirementrewards.com website or from a network of in-store merchants. Cash Rewards earned from shopping are deposited into a retirement/investment account. Unlike other savings programs that move a consumer"s money from their checking account to a savings account, the MRR retirement savings program takes a major portion of commissions earned by members from shopping with their online and in-store vendors, and deposits those funds into the MRR member"s retirement savings account. MyRetirementRewards, Inc. is headquartered in Alpharetta, Georgia and can be reached at 404-577-7779. More information about MyRetirementRewards, Inc. can be found at:
cts.businesswire.com/ct/CT"id=smartlink&url=http%3A%2F%2Fwww ...
Banks.com
Dan O?Connell, Chief Executive Officer, 415-962-9700
or
ICLUBcentral Inc.
Sarah Solomon, Marketing Manager, 617-491-3300
or
MyRetirementRewards, Inc.
Dan Draper, COO, 404-577-7779
