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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.


Popular Posts

Best No Penalty CD Rates
Best No Penalty CD Rates
Written by James Ellis | Updated on 9/9/2019

Certificates of deposit (CDs)...

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The Best Cash Management Accounts
The Best Cash Management Accounts
Written by James Ellis | Updated on 9/5/2019

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More Than Half of Millennials Skip Vacations Because They Can’t Afford Them
More Than Half of Millennials Skip Vacations Because They Can’t Afford Them
Jacqueline DeMarco | Published on 9/4/2019

When it feels like the walls of your office are closing in on you, dreaming of the beach or a winding European alleyway can be a nice escape. But what about when it’s time for a real escape?

Everyone deserves a vacation now and again, but a survey conducted by DepositAccounts has found that more than half of millennials skipped taking a vacation this year because they couldn’t afford one. By comparison, only 35% of baby boomers have had to skip a vacation this year due...

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The Best Savings Accounts in September 2019
The Best Savings Accounts in September 2019
Written by Lauren Perez and Ken Tumin

Editorial note: Any opinions, analyses, statements, reviews or recommendations expressed in this article are those of the authors' alone,...
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The Best Money Market Account Rates in September 2019
The Best Money Market Account Rates in September 2019
Written by Lauren Perez and Ken Tumin

Editorial note: Any...
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The Best Checking Accounts in September 2019
The Best Checking Accounts in September 2019
Written by Lauren Perez and Ken Tumin

Editorial note: Any...
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The Best CD Rates in September 2019
The Best CD Rates in September 2019
Written by Lauren Perez and Ken Tumin

Editorial note: Any...
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Top Metro Areas Where Residents Own Savings Accounts
Top Metro Areas Where Residents Own Savings Accounts
Written by Lauren Perez | Published on 8/29/2019

Financial planners agree that it’s essential to have a savings account as part of your personal finance playbook. However, not all Americans are on the same page. Nearly 78% of banked U.S. households had a savings account in 2017, according to the FDIC. But this data also suggests that more than one-fifth of U.S. households did not have a savings account in 2017.

DepositAccounts has looked at the 100 largest metros in the U.S. and the percentage of households with savings accounts to see...

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Brokered CD vs Bank CD: Understanding the Differences
 Brokered CD vs Bank CD: Understanding the Differences
Written by Lindsay VanSomeren | Published on 8/28/2019

Note: This article is part of our Basic Banking series, designed to provide new savers with the key skills to save smarter.

Certificates of deposit (CD) are a great option if you’re looking for a secure vehicle for saving money, whether for a big goal like retirement or a long vacation, or just to park your emergency fund. As you research your CD options, you may come across terms like “bank CD” or “brokered CD” that seem puzzling.

There are important differences between a traditional...

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Banking 101: Understanding the Credit Union Shared Branching Network
Banking 101: Understanding the Credit Union Shared Branching Network
Written by Stephanie Vozza | Published on 8/23/2019

Note: This article is part of our Basic Banking series, designed to provide new savers with the key skills to save smarter.

Many customers prefer to maintain accounts with credit unions, because they like the not-for-profit ethos or want a great yield on a deposit account product, or both. But some readers may wonder if you need to give up convenient branch access with a local credit union, which may have a limited number of locations.

The CO-OP Financial Services shared branch network was created...

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