About Ken Tumin

Ken Tumin founded the Bank Deals Blog in 2005, which evolved into DepositAccounts. He has been frequently referenced by The New York Times, The Wall Street Journal, and other publications as a banking expert.


Popular Posts

Bank Deals Blog

Financial Planner vs. Financial Advisor: Is There a Difference?
Financial Planner vs. Financial Advisor: Is There a Difference?
Written by Jill A. Chafin | Edited by Ali Cybulski | Published on 07/14/2025

The terms “financial planner” and “financial advisor” may seem interchangeable because both are professionals dedicated to providing financial advice to consumers. But financial planners typically focus on the big...

Continue Reading
Step-Up CDs: What They Are and How They Work
Step-Up CDs: What They Are and How They Work
Written by Tara Mastroeni | Edited by Anna-Louise Jackson | Published on 07/17/2025

Step-up CDs offer predictable rate increases and are commonly found in rising interest-rate environments. These CDs can seem particularly attractive because they offer steadily increasing yields.

Still, step-up CDs may not...

Continue Reading
What Is a Rollover IRA? Understanding Rollover Rules
What Is a Rollover IRA? Understanding Rollover Rules
Written by Katie Ziraldo | Edited by Abigail Bassett | Published on 07/16/2025

If you change employers or you’re ready to retire, you might wonder what to do with your old 401(k). One option is to roll over the 401(k) into an individual...

Continue Reading
CD Early Withdrawal Penalty: Should You Pay It?
CD Early Withdrawal Penalty: Should You Pay It?
Written by Theresa Stevens | Edited by Anna-Louise Jackson | Published on 07/16/2025

Certificates of deposit (CDs) involve locking up your funds for a set term, such as one year or three years, in exchange for a guaranteed interest rate. If you need...

Continue Reading
Early Direct Deposit: 31 Banks That Pay You Up To 2 Days Early
Early Direct Deposit: 31 Banks That Pay You Up To 2 Days Early
Written by Tara Mastroeni | Edited by Abigail Bassett | Published on 07/16/2025

If you find yourself counting down the days until payday, you might be able to receive your funds a bit sooner thanks to early direct deposit. This relatively...

Continue Reading
5 Easiest Bank Accounts to Open Online
5 Easiest Bank Accounts to Open Online
Written by Tara Mastroeni and Ken Tumin | Edited by Ali Cybulski | Updated on 07/14/2025

Many banks have made opening an account online a cinch. You can often do everything on your computer or mobile device...

Continue Reading
The Big List of Credit Unions Anyone Can Join

While some credit unions have strict requirements to join, usually based on where you live or work, others welcome a wider range of customers.

Below is our big list of credit unions anyone can join, along with a shorter list of some of our...


Continue Reading
Best Student Checking Accounts of 2025
Written by Tara Mastroeni | Edited by Rebecca Stropoli | Published on 07/09/2025

Key takeaways

  • Student checking accounts often come with added perks, such as reduced fees, to make it easier for students to manage their money.
  • Some student...
Continue Reading
Best Online Banks of 2025
Written by Theresa Stevens | Edited by Abigail Bassett | Published on 07/01/2025

An online bank may be right for you if you prefer to manage your finances remotely from your computer, smartphone or other digital device. Here are our picks for the...

Continue Reading
What Is Bank Fraud? How to Recognize It, Avoid It and Report It
What Is Bank Fraud? How to Recognize It, Avoid It and Report It
Written by Katie Ziraldo | Edited by Anna-Louise Jackson | Published on 06/27/2025

Financial fraud is on the rise. The Federal Trade Commission (FTC) recently reported that consumer losses increased by 25% in 2024 compared with the previous year.

Continue Reading
How to Open a Bank Account for a Minor
How to Open a Bank Account for a Minor
Written by Katie Ziraldo | Edited by Anna-Louise Jackson | Published on 06/26/2025

Bank accounts for minors can build financial literacy before kids are old enough to earn income. These accounts offer a safe and practical way for children to learn about...

Continue Reading
How to Balance a Checkbook
How to Balance a Checkbook
Written by Katie Ziraldo | Edited by Anna-Louise Jackson | Published on 06/24/2025

In a time when most of our money moves online, you might think that keeping a balanced checkbook is an old-fashioned concept. But knowing how to balance a checkbook is still...

Continue Reading
View Archive

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.