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Federal Reserve Open Market Committee Meetings May End Monthly Sales of Short-Term Securities



Federal Reserve Open Market Committee Meetings May End Monthly Sales of
Short-Term Securities

NEW YORK, Dec. 4, 2012 (GLOBE NEWSWIRE) -- RateWatch, a premier banking data
and analytics service owned by TheStreet, Inc. (Nasdaq:TST) reported today
that average interest rates for 1 month and 4 year CDs increased 0.01 percent
while overall interest rates on savings products remain low.

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The Federal Reserve has indicated that it is likely to keep its short-term
federal funds target range within the current range of zero to 0.25% until at
least 2014. The federal funds rate has been in this historically narrow range
since late 2008.

As part of its third major round of quantitative easing announced in
September, the Fed is also purchasing $40 billion in long-term mortgage backed
securities each month, while continuing to purchase roughly $45 billion in
long-term Treasury securities each month, while selling an equivalent amount
of short-term Treasury paper, as part of its ongoing effort to hold long-term
rates down, and keep the yield curve as flat as possible. This program is
known as "Operation Twist."

Some analysts are expecting the Federal Reserve Open Market Committee to
announce a change of direction after its next round of meetings on Dec. 11 and
Dec. 12, possibly ending its monthly sales of short-term securities early in
2013. With two-year treasury notes already trading at yields of roughly 25
basis points, a Federal Reserve policy change of this type would be unlikely
to push short-term rates even lower, however, an accelerated expansion of the
central bank's balance sheet would likely cause a stir in Washington.

NATIONAL AVERAGE RESULTS - $10K

 
             This week Last week
Money Market 0.13      0.13
1 month CD   0.07      0.08
3 month CD   0.11      0.11
6 month CD   0.17      0.17
1 year CD    0.27      0.27
2 year CD    0.43      0.43
3 year CD    0.58      0.58
4 year CD    0.71      0.72
5 year CD    0.92      0.92

TOP RATE ISSUERS - $10K

This is a list of issuers with top interest rates.  The issuer's Financial
Strength Rating is an independent, unbiased evaluation of quarterly regulatory
statements. Institutions are assigned a letter grade of A-E with "A"
representing the highest rating based on a review of many aspects of financial
safety including capitalization, asset quality, profitability and liquidity.
For more information, visit
www.weissratings.com/help/what-our-ratings-mean.aspx.  Information is believed
to be accurate, but not guaranteed.

                                          Financial Minimum
Money Market                              Strength  to Earn  APY
                                          Rating    Interest
Sallie Mae Bank                                               
801-281-1423                              A-        1        1.050
www.salliemaebank.com                                         
Green Bank, National Association                              
713-275-8370                              C         500      1.000
www.greenbank.com                                             
Ally Bank                                                     
877-247-2559                              B         1        0.950
www.ally.com                                                  
                                          Financial Minimum
1 Month CD                                Strength  to Earn  APY
                                          Rating    Interest
Carter Bank & Trust                                           
828-325-9800                              C         2500     0.750
www.carterbankandtrust.com                                    
First NBC Bank                                                
504-671-3550                              C+        1000     0.510
www.firstnbcbank.com                                          
Pinnacle Bank                                                 
402-529-3581                              B-        500      0.500
www.pinnbank.com                                              
                                          Financial Minimum
3 Month CD                                Strength  to Earn  APY
                                          Rating    Interest
Carter Bank & Trust                                           
828-325-9800                              C         2500     0.750
www.carterbankandtrust.com                                    
Eloan.com                                                     
888-533-5333                              D+        10000    0.650
www.eloan.com                                                 
EverBank                                                      
888-882-3837                              D         1500     0.570
www.everbank.com                                              
                                          Financial Minimum
6 Month CD                                Strength  to Earn  APY
                                          Rating    Interest
Carter Bank & Trust                                           
828-325-9800                              C         2500     1.000
www.carterbankandtrust.com                                    
Doral Bank                                                    
212-329-3700                              E+        1000     0.910
www.doralbankdirect.com                                       
Beal Bank USA                                                 
702-598-3500                              B         1000     0.750
www.bealbankusa.com                                           
                                          Financial Minimum
1 Year CD                                 Strength  to Earn  APY
                                          Rating    Interest
Beal Bank USA                                                 
786-347-3601                              B         1000     1.110
www.bealbankusa.com                                           
Carter Bank & Trust                                           
828-325-9800                              C         100      1.100
www.carterbankandtrust.com                                    
Doral Bank                                                    
212-584-6820                              E+        500      1.100
www.doralbankny.com                                           
                                          Financial Minimum
2 Year CD                                 Strength  to Earn  APY
                                          Rating    Interest
Doral Bank                                                    
212-584-6820                              E+        500      1.400
www.doralbankny.com                                           
First Bank of Montana                                         
406-357-2244                              C         500      1.250
www.1stbmt.com                                                
FirstBank Florida                                             
305-740-9522                              D         1000     1.250
www.firstbankfla.com                                          
                                          Financial Minimum
3 Year CD                                 Strength  to Earn  APY
                                          Rating    Interest
First NBC Bank                                                
504-671-3550                              C+        10000    1.970
www.firstnbcbank.com                                          
Signature Bank                                                
646-822-1500                              B+        5000     1.660
www.signatureny.com                                           
Doral Bank                                                    
212-584-6820                              E+        500      1.550
www.doralbankny.com                                           
                                          Financial Minimum
4 Year CD                                 Strength  to Earn  APY
                                          Rating    Interest
Institution for Savings In Newburyport                        
978-462-3106                              B         1        1.750
www.institutionforsavings.com                                 
Yakima Federal Savings & Loan Association                     
509-248-2634                              A-        10000    1.750
www.yakimafed.com                                             
First Guaranty Bank                                           
985-345-7685                              C-        500      1.700
www.fgb.net                                                   
                                          Financial Minimum
5 Year CD                                 Strength  to Earn  APY
                                          Rating    Interest
First NBC Bank                                                
504-671-3550                              C+        10000    2.120
www.firstnbcbank.com                                          
Institution for Savings In Newburyport                        
978-462-3106                              B         1        2.000
www.institutionforsavings.com                                 
Compass Bank                                                  
205-297-1986                              D+        5000     2.000
www.bbvacompass.com                                           

Financial Strength Rating: A=Excellent, B=Good, C=Fair, D=Weak, E=Very Weak
                                                

                                       Plus sign "+" = top of range, Minus
sign "-" = bottom of range

Data is surveyed weekly with averages calculated each Monday afternoon from
RateWatch's unbiased national interest rate survey of over 90,000 financial
institution locations across the United States.

About RateWatch

For over 20 years, RateWatch has been the premier provider of competitive
interest rate and product information to financial institutions across the
United States.  Consistently providing top quality, highly relevant data
RateWatch maintains the largest database in the industry with deposit, loan,
and fee information monitoring over 90,000 locations. Rate surveys, product
comparisons, financial strength reporting, local/regional/national averages,
fee reporting, specialty reports and more are available. To learn more about
RateWatch, visit www.rate-watch.com.  RateWatch is a division of TheStreet,
Inc.

The RateWatch logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=15596

About TheStreet

TheStreet, Inc. is a leading digital financial media company that distributes
its content through online, social media, tablet and mobile channels. The
Company's network of brands includes: TheStreet, RealMoney, RealMoney Pro, The
Deal, Stockpickr, Action Alerts PLUS, Options Profits, Chat on TheStreet,
MainStreet and Rate-Watch. For more information on TheStreet's business, visit
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quotes and more, visit TheStreet.com, follow TheStreet on Facebook and
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www.thedeal.com.

The TheStreet, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=11420.

CONTACT: Thomas Etergino
         Executive Vice President, Chief Financial Officer
         TheStreet, Inc.
         212-321-5234
         ir@thestreet.com
        
         Erica Mannion
         Investor Relations
         Sapphire Investor Relations, LLC
         415-471-2700
         ir@thestreet.com

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