Banks.com, Inc. (AMEX:BNX),
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.