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Guaranteed Rate Donates 46,000 Pounds of Food and Personal Care Items to Charity

CHICAGO, Dec. 15, 2015 (GLOBE NEWSWIRE) -- Guaranteed Rate, the eighth largest retail mortgage lender in the nation, hosted a company-wide food drive that donated more than 46,000 pounds of food and personal care items to local charities. Giving back to the community is a key component of the company's culture.



The food drive took place during November and was made into a competition with branches across the nation participating. Winners were determined by the highest ratios of pounds donated per employee. This year's winning offices were Brentwood, Tenn. with 402 pounds per employee; Frankfort, Ill. with 141.21; and Cuyler, Ill. with 31.23.

"I'm very proud of all the employees and branches that contributed to our team effort," said Victor Ciardelli, president & CEO of Guaranteed Rate. "It's phenomenal that we collected 23 tons of food to help those in need. That's more than double our amount of 10 tons from last year!"

The winning teams donated to Second Harvest Food Bank of Middle Tennessee, Frankfort Food Pantry and Common Pantry.

Guaranteed Rate also gives back throughout the year through its Guaranteed Rate Foundation, a 501 (c) (3) not-for-profit organization, designed to help families in times of unexpected financial hardship. In 2014, the company launched the first "Ultimate Neighborhood Give Back Challenge," where Guaranteed Rate awarded $100,000 to six worthy community improvement projects nationwide.

About Guaranteed Rate

Guaranteed Rate is the eighth largest retail mortgage lender in the U.S. The company has become The Home Purchase Experts® by introducing the world's first Digital Mortgage and offering low rate, low fee mortgages through an easy-to-understand process and unparalleled customer service. Headquartered in Chicago with approximately 175 offices across the U.S. and licensed in all 50 states, Guaranteed Rate has helped hundreds of thousands of homeowners with approximately $80 billion in home purchase loans and refinances since 2000 and $10 billion in 2015 alone. Guaranteed Rate was ranked No. 1 in Scotsman Guide's Top Mortgage Lenders 2014 honors and was named one of Chicago's Top Workplaces by the Chicago Tribune in four of the past five years. In 2015, Guaranteed Rate won the Chicago's Coolest Company award by ChicagoInno and was recognized as one of Inc. 5000's Fastest Growing Companies in America. Visit guaranteedrate.com for more information.

A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=38169

CONTACT: Lynette Rowlands Grinter lynette.grinter@guaranteedrate.com 773.435.7526

Source: Guaranteed Rate