About Ken Tumin

Ken Tumin founded the Bank Deals Blog in 2005 and has been passionately covering the best deposit deals ever since. He is frequently referenced by The New York Times, The Wall Street Journal, and other publications as a top expert, but he is first and foremost a fellow deal seeker and member of the wonderful community of savers that frequents DepositAccounts.

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Bank Deals Blog

BrioDirect High-Yield Savings Available On Website Again
Availability: High-Yield Savings, 5.35% APY on balances of $25 and above, $5k minimum opening deposit.

Availability: Nationwide (internet bank)

As DA reader, evol97, noted in a Forum post this week, New York-based BrioDirect is offering 5.35% APY on its High-Yield Savings account, and as DA reader, enduser, noted in that post, the application for this account is now available at the BrioDirect website.

According to the Truth-in-Savings disclosure on the BrioDirect website,

  • A minimum collected daily balance of $25 required to earn stated APY.
  • There is a $5k minimum opening deposit.
  • No monthly...

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Credit Human 12-17 Month CD Is New Rate Leader
Update 9/29/23: Rate increases! 12-17 Month CD, 6.00% APY; 12-Month Liquid CD, 5.70% APY; 6-11 Month CD, 5.75% APY.

Deal Summary: 12-17 Month CD, 5.80% APY, $500 minimum deposit. 12-Month Liquid CD, 5.50% APY, $5k minimum deposit, two no-penalty withdrawals and unlimited additional deposits throughout term.

Availability: Easy membership requirement

Over the weekend, Texas-based Credit Human boosted the rate on its 12-17 Month CD. Following a substantial 60 bps increase, the 12-17 month CD currently earns 5.80% APY – the highest and most competitive rate in...

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Jovia Financial Unveils Rate-Leading 40-Month Certificate
Deal Summary: 40-month Certificate, 5.25% APY, $100 minimum deposit.

Availability: Easy membership requirement

Long Island-based Jovia Financial Credit Union (the former NEFCU) has added a new 40-month Certificate to its product line. Earning 5.25% APY, the 40-month Certificate can be opened with a low $100 minimum deposit and has no stated balance cap.

The 40-month Certificate is also available as an IRA Certificate (Traditional, Roth, CESA), earning the same APY with the same deposit requirements.

Jovia offers a 5-day Certificate Rate Guarantee. As stated in the fine...

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Blackhawk Community Credit Union Jumbo CD Rates Remain On Top
Deal Summary: Jumbo CDs – 3-year (5.40% APY), 4-year (5.45% APY), 5-year (5.50% APY), $10k minimum deposit.

Availability: Nine southern Wisconsin counties and four northern Illinois counties; several SEGs.

In July, Wisconsin-based Blackhawk Community Credit Union (Blackhawk) hiked the rates on its long-term CDs (90-100 bps increases). This week’s 10 bps increases only improved the rate-leading positions of the 3-year Jumbo CD (5.40% APY), 4-year Jumbo CD (5.45% APY), and 5-year Jumbo CD (5.50% APY). Although Blackhawk descries these very competitive CDs...

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Luana Savings Bank Ups Nationally Available CD Rates
Availability: 24-month CD Special, 5.58% APY ($100k), 5.42% APY ($2k); 30-month CD, 5.37% APY ($100k), 5.22% APY ($2k); 17-month CD Special, 5.68% APY ($5k).

Availability: Nationwide

Following recent rate increases of 15 bps, two CD Specials and one CD offered by Iowa-based Luana Savings Bank (Luana) are prominently featured in yesterday’s CD Deals Summary. These rates are in the top four highest APYs in the Luana CD product line.

While Luana began offering nationally available CDs on its website about two years ago, Fidelity and Vanguard had been...

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Mobility Credit Union (TX) Rate-Leading Earn-It Checking Available Statewide
Deal Summary: Earn-It Checking, 6.17% APY on qualifying balances up to $15k.

Availability: Easy membership requirement in Texas.

Earlier this month, Mobility Credit Union (Mobility CU) boosted the rate on its rewards checking account, Earn-It Checking. Following an increase of 105 bps, the Earn-It Checking currently earns 6.17% APY on qualifying balances up to $15k; qualifying balances over $15k earn 0.05% APY. Non-qualify balances up to $15k earn 0.03% APY, with non-qualifying over $15k earning 0.05% APY.

The monthly qualification requirements include the following:

  • At least 15 debit card purchases...
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CD Deals Summary
CD Deals Summary

The most impactful outcome of last week’s Fed meeting was the perception that rates will be held higher for longer. That has been contributing to the rise of long-term rates. Even before the Fed meeting, long-term rates were rising due to favorable economic data. At last week’s Fed meeting, the new Summary of Economic Projections (SEP) surprised the markets with a federal funds rate dot plot that showed only two rate cuts in 2024. That was down from four rate cuts from the June SEP.

Long-dated Treasury yields have increased substantially...

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Texans Credit Union Joins 6% Club With New 7-Month Promo CD
Deal Summary: 7-Month Promo Certificate, 6.00% APY, $500 minimum opening deposit, new money.

Availability: 15 Texas counties, including Dallas-Ft. Worth greater metro area.

For a limited time, Texans Credit Union (Texans CU) is offering a 7-month Promo Certificate with a rate-leading 6.00% APY. While there is no stated end-date, “rates and terms are subject to change at any time without notice.”

The minimum opening deposit is $500 of new money with no stated balance cap. The Certificate Account...

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Metro Credit Union (NE) Unveils Rate-Leading 13-Month CD Special
Deal Summary: 13-Month Certificate Special, 6.00% APY, $500 min/$1 million maximum deposit.

Availability: Five SE Nebraska counties and three SW Iowa counties (Omaha metro area).

In August, Omaha-based Metro Credit Union (Metro CU) offered 5.75% APY on its 12-, 18-, and 24-month CDs. Those competitive rates are no longer available, but Metro CU has recently added a rate-leading 13-Month Certificate Special. Earning 6.00% APY, the 13-Month Certificate Special requires a $500 minimum opening deposit. According to the Special Rates page, “Certificates in excess of $1,000,000...

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Union Square Credit Union (TX/OK) Kasasa Cash Has Rate-Leading APY
Deal Summary: Kasasa Cash checking, 6.01% APY on qualifying balances up to $35k.

Availability: Easy membership in Texas and Oklahoma.

Texas-based Union Square Credit Union (Union Square) is currently offering 6.01% APY on its Kasasa Cash account on qualifying balances up to $35k. Qualifying balances above $35k earn 1.49% APY, with non-qualifying balances earning 0.05% APY. Union Square has had a variety of rewards checking accounts (RCA) in the past twelve years, with the Kasasa Cash account now offering one of the top rates available in...

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Centris Fed Credit Union (NE/IA) Adds Two Rate-Leading Jumbo CD Specials
Deal Summary: Jumbo CD Specials – 11-month (5.85% APY) and 22-month (5.85% APY), $90k min deposit. CD Specials – 11-month (5.75% APY) and 22-month (5.75% APY), $500 min deposit.

Availability: Residents of Douglas, Hall, Lincoln, and Sarpy Counties, Nebraska, and Pottawattamie County, Iowa.

For a limited time, Nebraska-based Centris Federal Credit Union (Centris) is helping its members to “Invest in the Future” with two rate-leading Jumbo CD Specials. The 11-month and 22-month Jumbo CDs both earn 5.85% APY and require a $90k minimum opening deposit. Centris is...

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Merrick Bank Long-Term CDs Are Now Near Rate-Leaders
Deal Summary: CDs – 48-month (4.80% APY) and 60-month (4.80% APY) $25k minimum/$250k maximum deposit.

Availability: Nationwide (internet bank)

Utah-based Merrick Bank recently raised the rates on about half of its CD product line. Following an increase of 20 bps, the 48-month CD and 60-month CD both earn 4.80% APY and are the most competitive CDs offered by Merrick Bank. While not having great rates, the 12-month CD (5.67% APY) and 18-month CD (5.60% APY) are nonetheless noteworthy. The minimum opening deposit for any Merrick Bank CD is...

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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.