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

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...


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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...
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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...

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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.

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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...

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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...

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Fed Keeps Rates Steady But Still Sees 2 Cuts in 2025
Written by Ali Cybulski | Edited by Jessica Sain-Baird | Published on 06/20/2025

The Federal Reserve kept its benchmark interest rate on hold in the 4.25% to 4.50% range at its June meeting, despite political pressure to make a move. Fed officials still support...



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Retirement Savings: How Much Should I Save Each Month?
Retirement Savings: How Much Should I Save Each Month?
Written by Katie Ziraldo | Edited by Ali Cybulski | Published on 06/17/2025

Planning to retire can feel like a daunting task, especially if you’re unsure how much to save to maintain your lifestyle. However, building a nest egg for your golden...

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HRA vs. HSA: What’s the Difference?
HRA vs. HSA: What’s the Difference?
Written by Theresa Stevens | Edited by Sarah Fisher | Published on 06/13/2025

Health reimbursement arrangements (HRAs) and health savings accounts (HSAs) both provide tax advantages and can help you pay for certain medical expenses. They also differ in key ways to know if...

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What Is the Prime Rate Today?
Written by Theresa Stevens | Edited by Ali Cybulski | Published on 06/11/2025

The prime rate today is 7.50%. This is the interest rate that banks and other lenders offer to borrowers with the strongest credit histories, known as “prime borrowers.”

Understanding the prime interest...

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