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.

Featured Savings Rates

Popular Posts

Featured Accounts

Bank Deals Blog

Dime Boosts 4-Year CD Rate To 2.75% APY
Deal Summary: 4-year CD, 2.75% APY, $500 minimum deposit

Availability: New York City metropolitan area

Dime Community Bank (Dime) recently raised the rate on its 4-year CD (2.75% APY). The minimum deposit is $500, with no stated balance cap.

In the past six months, the 4-year CD has gained 160 bps in three rate increases. The 2.75% APY falls just short of the November 2009 high of 3.00% APY.

As stated in the CD FAQs, the Early Withdrawal Penalty for the 4-year CD reads as...

Continue Reading
Northwest FCU Adds 5-Year Appreciation CD, Up To 3.41% APY
Deal Summary: 5-year Appreciation Certificate, APYs of 3.15% ($1k+), 3.35% ($100k+), and 3.41% ($250k+), Heritage Club required.

Availability: Easy Membership Requirement

Northwest Federal Credit Union (NWFCU) celebrated its 70th anniversary in 2017. As a thank-you to its loyal members, NWFCU is offering a 5-year Appreciation Certificate, which can earn up to 3.41% APY with Heritage Club bonus rates.

Heritage Club

NWFCU’s Heritage Club is for Credit Union members, age 62 and over.

As DA reader, me1004, stated in a Forum post today,

Continue Reading
KEMBA FCU (OH) Has Promo CDs: 44-Month (4% APY), 14-Month (3% APY)
Deal Summary: Advantage Promotion Certificates - 14-Month (3.00% APY), 44-month (4.00% APY), $10k min/$50k max, new money, Advantage status required, limit of one Certificate per person, available through April 30, 2018.

Availability: Residents of Delaware, Fairfield, Franklin, Licking, Logan, Madison, and Union Counties, Ohio; Employees/members of 280 Partner Companies.

Now through April 30, 2018, KEMBA Financial Credit Union (KEMBA) is offering two Advantage Promotion Certificates: 14-Month (3.00% APY) and 44-month (4.00% APY). The minimum deposit is $10k of new money with a maximum deposit of...

Continue Reading
Capital One Ups 360 Money Market Rate To 1.60% APY
Deal Summary: 360 Money Market, 1.60% APY ($10k+), 0.85% APY (less than $10k)

Availability: Nationwide

Capital One has raised the rate on its 360 Money Market to 1.60% APY on balances of $10k+. The APY for balances below $10k remains at 0.85%. In the past ten months, a total of 60 bps has been added in six rate increases.

The 360 Money Market has no monthly service charge, no-minimum opening deposit, or minimum balance requirement. It can be opened in your name...

Continue Reading
CapEd FCU Boosts 60-Month Promo Rate CD To 3.00% APY

UPDATE 4/19/2018: CapEd is no longer an easy membership requirement credit union.

Deal Summary: 60-months Promotional Rate Share Certificate, 3.00% APY, $500 minimum deposit

Availability: Easy membership requirement Individuals who work for, volunteering for, or are retired from any position in the State of Idaho’s educational industry.

CapEd Federal Credit Union (CapEd) added a series of Promotional Rate Share Certificates (PRSC) almost four years ago, which have offered competitive APYs on a limited-time basis. At the beginning of the week, CapEd raised the rates on all three PRSC, but...

Continue Reading
Heritage Bank's Nationally Available eCentive Account Soars to 3.33% APY
Deal Summary: eCentive Account (rewards checking account), 3.33% APY, up to $25k

Availability: Nationwide

Heritage Bank has more than doubled the rate on its eCentive Account to 3.33% APY on qualifying balances up to $25k. Qualifying balances over $25k earn 0.15% APY, with non-qualifying balances earning 0.05% APY.

DA has been tracking the eCentive Account since November 2009, when its APY was 2.14%. The APY began a slow decline in August 2010, settling at 1.26% in April 2013 and remaining there for almost five years....

Continue Reading
Vantage West Credit Union (AZ) Adds 11-Month CD Special (2.25% APY)
Deal Summary: CD Specials – 11-month (2.25% APY) and 21-month (2.50% APY), $5k minimum deposit

Availability: Residents of Cochise, Maricopa, Pima, and Pinal Counties, and Copper Basin area in Arizona; individuals who have/had a relationship with Davis-Monthan Air Force Base.

Vantage West Credit Union (Vantage West) has just added two limited-time CD Specials this week: 11-month (2.25% APY) and 21-month (2.50% APY). The minimum deposit for either CD Special is $5k, with no stated balance cap.

In a Live Chat today, CSR stated that the Early Withdrawal Penalty for...

Continue Reading
Amalgamated Bank Has Nationally Available Online Savings (1.60% APY)
Deal Summary: Online Savings, 1.60% APY, 12 month rate guarantee

Availability: Nationwide

Just two weeks ago, Amalgamated Bank debuted its Online Savings account, with an initial 0.90% APY on all balances. Given the state of liquid account rates, I was surprised that a new, nationally available savings account would have such an unremarkable APY. Amalgamated Bank remedied that situation yesterday by adding 70 bps to the Online Savings (1.60% APY).

According to the fine print on the Online Savings promotion page,

The Online Savings account has no monthly fees,...

Continue Reading
Best Bank Account Interest Rates - Summary for April 17, 2018
Best Bank Account Interest Rates - Summary for April 17, 2018

On Monday President Trump announced his intention to nominate officials to fill two vacancies at the Fed. Richard Clarida will be nominated for the position of Vice Chairman of the Board of Governors, and Michelle Bowman will be nominated for the position of Member of the Board of Governors. Will they be hawks or doves? This Bloomberg article describes Clarida as a “Pragmatic Centrist.” This MarketWatch article describes both nominees as “mainstream central bankers.” According to the article:

Don’t expect the Fed to change much. If the nominees are more hawks...

Continue Reading
USALLIANCE 9-Month CD Now Earns 2.12% APY
Deal Summary: Fixed Rate Certificates – 9-month (2.12% APY) and 18-month (2.32% APY), $500 minimum deposit

Availability: Easy membership requirement

At the end of March, USALLIANCE Financial (USALLIANCE) raised the rates on its 9- and 18-month Certificates, making both the top nationally available APYs in their respective length-of-term categories.

Good news – the 9-month Certificate has increased to 2.12% APY. Not so good news – the 18-month Certificate has fallen to 2.32% APY. The 9-month added 10 bps, while the 18-month dropped by 21 bps. The...

Continue Reading
Pawtucket Credit Union (RI) Brings Back 2.75% APY On 25-Month CD
Deal Summary: 25-month CD, 2.75% APY, $1k minimum deposit

Availability: Residents of Rhode Island and nearby communities in Massachusetts and Connecticut.

For about 2½ weeks last December, Pawtucket Credit Union (Pawtucket CU) offered 2.75% APY on its 25-month CD. Pawtucket CU has brought that rate back, and while not as competitive as it was four months ago, it’s still a good rate. Perhaps the rate will last longer this time. The 25-month CD can be opened with a $1k minimum deposit and there is no stated balance...

Continue Reading
Banco do Brasil Americas Offers 1-Year Promo CD, 2.25% APY
Deal Summary: Promo CDs – 1-year (2.25% APY) and 2-year (2.50% APY), $1k minimum deposit, new money.

Availability: A portion of the product line is available nationwide.

Last week, Banco do Brasil Americas (BB Americas) added 90 bps to both its Promo CDs, with the 1-year earning 2.25% APY and the 2-year earning 2.50% APY. The Promo CDs require a minimum deposit of $1k of new money. According to the fine print on the Rates page, “Internal transfers are not accepted to open a new CD...

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 feedback@depositaccounts.com 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.