How they describe themselves: Optirate is an equivalent of Amazon for retail banking.
Optirate enables consumers to find and open high-yielding CD accounts in real-time with rates that are 3x – 7x of what is available from mega-banks. Consumers are able to monitor and re-invest through Optirate with just a few clicks of the mouse.
Our Banking Partners include Community Banks and Credit Unions who seek to build an affluent customer base through mutually-rewarding relationship banking. Our Banking Partners gain the ability to market their superior products nationwide, regionally or locally thereby competing more effectively with mega-banks and internet-only banks in the $3 trillion retail CD market space.
What they think makes them better: There is no other organization that provides the same functionality, same service to the consumer or to the small Financial Institution as Optirate.
There are many competitors in the banking market, but none are able to deliver an unbiased comparison, the depth and quality of product selection, the streamlined account opening and management functionality that is available from Optirate.
Optirate is truly the first service that enables consumers to search and open highest rate CDs from safe and sound FDIC insured Banks and the first to offer Community Banks an opportunity to compete on an even footing with the mega banks.
Press: Serge Milman, CEO, firstname.lastname@example.org, 415-260-3403