Rockstarbanks.com helps people and banks talk to each other, stay informed, and get things done with the help of Twitter.
Irvine, CA (PRWEB) November 22, 2010
Rock Star Banks announced today the launch of http://www.rockstarbanks.com - an innovative social media and micro-blogging service designed to help consumers save time and money. Rockstarbanks.com helps people and banks (including credit unions) talk to each other, stay informed, and get things done with the help of Twitter.
More than 200 banks are actively using Twitter. Rockstarbanks.com shifts through Twitter’s massive, raw data to capture specific bank data, organize it, and present it in a manageable and useful format. Additional navigation options help consumers compare bank deposit rates for CD rates, savings rates, and high-yield checking rates. Bank tweets from are displayed by date and rates are ordered by APY. For Twitter users, RockStarBanks.com is immediately familiar and comfortable.
Unlike other rate aggregator sites like Bankrate, all banks and credit unions showcased on RockStarBanks.com have passed due diligence measures to ensure that no toxic banks are promoted. “We only work with financially strong banks, no exceptions - it's our pledge to consumers. Even with FDIC or NCUA insurance, it's no fun to lose money if interest rates are not honored or if a relationship is lost. Too many banks are going down, so we advocate the ones that will be around next quarter – the Rock Stars,” states Bryan Greenwood, the founder of Rock Star Banks.
At a time when bank deposit rates and consumer opinion are at record lows, Rock Star Banks may be on to something. A February 2010 Zogby Interactive poll found that 32 percent of respondents have considered moving some or all of their banking from a large national bank to a community bank or credit union because they are unhappy with the policies or behavior of large national banks.
Rockstarbanks.com is currently showcasing seven banks offering nationwide, high-yield checking rates at 4.00% or higher. To put that into perspective, the national average for an interest bearing checking account per the FDIC is only 0.10% - quite a difference.
However, Mr. Greenwood insists that Rock Star Banks is not just about good rates. "In an information age where everything is available at lightning speed, people don’t want to stand in line to talk with a banker and they don’t want to call 1-800 numbers. Banks of all sizes use twitter for customer service, promotions, and marketing. Our integration with Twitter coupled with our own research, helps people find easy answers and great bank deals."
Still in beta, Rock Star Banks plans to add mortgage and credit card rate information early next year.