Mark Hamrick To Join Bankrate.com As Washington Bureau Chief

WASHINGTON, Nov. 28, 2012 /PRNewswire/ -- Mark Hamrick, a widely respected journalist and immediate past president of the National Press Club, will join Bankrate.com (NYSE: RATE) in January in the newly created position of Washington Bureau Chief. Mr. Hamrick will cover the White House, Congress and financial regulatory agencies for the award-winning network of personal finance websites operated by Bankrate.com.

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"Now more than ever, Washington policy changes are affecting Americans' pocketbooks," said Julie Bandy, editor in chief of Bankrate.com. "Bankrate is going to leverage Mark Hamrick's extensive beat experience to provide our readers with timely and interesting content focusing on the issues and players affecting American consumers' finances."

Hamrick spent the past 26 years in various roles at the Associated Press, most recently as a business reporter and editor for the AP's broadcast division. He has been based in Washington since 1987.

About Bankrate, Inc.

Bankrate is a leading publisher, aggregator, and distributor of personal finance content on the Internet. Bankrate provides consumers with proprietary, fully researched, comprehensive, independent and objective personal finance editorial content across multiple vertical categories including mortgages, deposits, insurance, credit cards, and other categories, such as retirement, automobile loans, and taxes. The Bankrate network includes Bankrate.com, our flagship website, and other owned and operated personal finance websites, including CreditCards.com, Interest.com, Bankaholic.com, Mortgage-calc.com, CreditCardGuide.com, Nationwide Card Services, InsuranceQuotes.com, CarInsuranceQuotes.com, InsureMe, Bankrate.com.cn, CreditCards.ca, NetQuote.com, and CD.com. Bankrate aggregates rate information from over 4,800 institutions on more than 300 financial products. With coverage of nearly 600 local markets in all 50 U.S. states, Bankrate generates over 172,000 distinct rate tables capturing on average over three million pieces of information daily. Bankrate develops and provides web services to over 80 co-branded websites with online partners, including some of the most trusted and frequently visited personal finance sites on the Internet such as Yahoo!, AOL, CNBC, and Bloomberg. In addition, Bankrate licenses editorial content to over 500 newspapers on a daily basis including The Wall Street Journal, USA Today, The New York Times, The Los Angeles Times, and The Boston Globe.

For more information:

Ted RossmanPublic Relations ManagerBankrate, Inc.    [e-mail]   [phone]

SOURCE Bankrate, Inc.

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