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: CD Deals

Space Coast Credit Union Has New 15-Month CD, 3.29% APY
Deal Summary: 15-month CD, 3.29% APY, $500 minimum deposit

Availability: Residents of 24 Florida counties.

Space Coast Credit Union (SCCU) is currently promoting a 15-month CD, which earns 3.29% APY. The minimum opening deposit is $500, with no stated balance cap.

The 15-month CD is the most competitive CD in the product line, with an APY that equals that of SCCU’s 60-month CD.

As stated in the Account Disclosures brochure, the Early Withdrawal Penalty reads as follows:

180 days of interest for Accounts with a term between 12...

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Royal Bank (IL) Unveils 11-Month CD Special, 3.14% APY
Deal Summary: 11-month CD Special, 3.14% APY, $1k minimum deposit

Availability: Market area covers the Chicago metropolitan area, aka Chicagoland.

Last week, Royal Bank added a 11-month CD Special (3.14% APY) to its product line. The minimum opening deposit is $1k, with no stated balance cap.

Royal Bank also added a 7-month CD Special, but its 2.31% APY isn’t that competitive. Like the 11-month, the 7-month CD Special requires a $1k minimum deposit.

As stated in the Certificate of Deposit page, the Early Withdrawal Penalty...

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Passumpsic Bank (VT/NH) Adds 13-Month CD Special, 2.90% APY
Availability: 13-month CD Special, 2.90% APY, $10k min/$100k max deposit.

Availability: Market area includes Vermont’s Northeast Kingdom, Central Vermont, and New Hampshire’s North Country.

For a limited time, Passumpsic Bank is offering a 13-month CD Special that earns 2.90% APY. The opening deposit requires a minimum of $10k and is capped at $100k.

The 13-month CD Special is also offered as an IRA (Traditional, Roth, SEP), earning the same APY with the same funding requirements.

According to CSR, the Early Withdrawal Penalty for the 13-month CD Special is 180...

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Andrews Federal Credit Union Has 6-Month CD (3.25% APY) For One Week
Deal Summary: Special 6-month Share Certificate, 3.25% APY, $1k min/$250k max deposit, limit of one per member, new money OR checking account, debit card, and direct deposit of $750+, available February 25 through March 2, 2019.

Availability: Easy membership requirement

February 25 through March 2 is “Military Saves Week,” a campaign coordinated by the Consumer Federation of America and is dedicated,

More than 80 banks and credit unions are participating in Military Saves Week 2019, including Andrews Federal Credit Union (Andrews Federal), which will be offering a Special...

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Dime Community Bank Adds 13-Month No Penalty CD, 2.45% APY
Deal Summary: 13-month No-Penalty CD, 2.45% APY, $500 min deposit, new money, early closure only.

Availability: New York State

Dime Community Bank (Dime) has added a 13-month No-Penalty CD, which earns 2.45% APY. The minimum deposit is $500 of new money, with no stated balance cap. New money is defined as funds not from any existing Dime account.

The No-Penalty feature is only available in conjunction with an early closure.

No partial withdrawals are allowed at any time.
This action will effectively close out the...

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Freedom Credit Union Adds 18-Month Promo CD, 3.50% APY
Deal Summary: 18-month Promo CD, 3.50% APY, $500 min/$250k max deposit, new money.

Availability: Easy Membership Requirement for residents of DE, MD, NJ, PA, VA, WV, and DC; residents of five SE Pennsylvania counties; more than 250 SEGs.

This morning, Pennsylvania-based Freedom Credit Union (Freedom CU) unveiled a new 18-month Promo CD, earning 3.50% APY. This limited-time offering requires a minimum opening deposit of $500 of new money and is capped at $250k. The 18-month Youth Promo CD (members 25 years and younger) earns the same...

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Grow Financial Federal Credit Union Adds 15-Month CD, 3.35% APY
Deal Summary: 15-Month Grow Certificate, 3.25% APY ($500), 3.35% APY ($100k), new money.

Availability: Easy membership requirement for residents of Florida, North Carolina, and South Carolina; active and retired military, regardless of residency; 1,500+ SEGs.

Now through April 15, 2019, Florida-based Grow Financial Federal Credit Union (Grow Financial) is offering a 15-month Grow Certificate with tiered APYs: 3.25% APY ($500) and 3.35% APY ($100k). New money is required to open and there is a maximum deposit of $1 million allowed.

The 15-month Grow Certificate is...

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Hyperion Bank Offers Nationally Available 19-Month CD, 3.10% APY
Availability: CDs – 13-month (2.85% APY) and 19-month (3.10% APY), new money, $500 minimum deposit.

Availability: Nationwide

Philadelphia-based Hyperion Bank (Hyperion) is currently offering promotional rates on its 13-month CD (2.85% APY) and 19-month CD (3.10% APY). The minimum opening deposit is $500 of new money “and/or funds deposited within the previous 30 days at Hyperion Bank.”

Both CDs are available as IRAs (Traditional and Roth), earning the same promotional APYs with the same funding requirements.

According to CSR, the Early Withdrawal Penalty for the 13-month CD is...

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Goldenwest Credit Union (UT) Adds Limited-Time 11-Month CD, 3.05% APY
Deal Summary: CD Specials – 11-month (3.05% APY) and 33-month (3.10% APY), new money, $500 minimum deposit

Availability: Residents of six Utah counties; employees and members of many SEGs.

Now through February 28, Goldenwest Credit Union (Goldenwest CU) is offering a 11-month CD Special (3.05% APY). The minimum opening deposit is $500, with new money required. There is a bump option available, but with a 15 bps discount (2.90% APY) at account opening.

The 33-month CD Special (3.10% APY) can also be opened with...

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Apple Federal Credit Union Has 23-Month CD Special, 3.00% APY
Deal Summary: 23-month Certificate, 3.00% APY, new money, $500 min/$500k max deposit per individual.

Availability: Easy membership requirement for residents of Maryland, Virginia, and Washington, D.C.

Now through February 28, Apple Federal Credit Union (Apple FCU) is offering 3.00% APY on its 23-month Certificate. The minimum opening deposit is $500 of new money, with a $500k maximum deposit per individual. New money is defined as funds “not currently at Apple FCU.”

The Certificate is also offered as an...

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