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My Last Day At Lendingtree - Thanks For Your Support Over The Years!

Ken Tumin
  |     |   1 posts since 2009

While I enjoyed my time at LendingTree over the last seven years, I feel that it’s time for me to move on. Today, August 2, 2024, is my last day at LendingTree.

I’m very grateful for your support of me, DepositAccounts and the BankDeals blog over a period of almost 19 years. Thanks to all who have shared their banking experiences in comments and in emails. I’ve learned a lot, and I am grateful for your friendship.

I want to thank my team at LendingTree who continues to work hard to maintain and improve DepositAccounts. LendingTree remains dedicated to keeping DepositAccounts as a great resource on deposit rates. Please give them your support. If you experience any site issues, please let the DepositAccounts team know by pressing the “Contact Us” button in the About page at https://www.depositaccounts.com/about/.

I would like to especially thank my assistant, Carolyn H., who has worked tirelessly behind the scenes for the last ten years helping me research and write the daily deal posts and weekly summaries.

Thank you, valued readers, for everything. Wishing you all the best in your future endeavors.

Warm regards,

Ken Tumin

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127


me1004
  |     |   1,381 posts since 2010
A shame to see you go, but I hope to see you out there again -- soon. It has been nice all these years to see your high-grade journalism, and self-taught at that. The information you provided was invaluable to everyone here. The timeliness was exemplary. The thoroughness of all you built DA to be was amazing. Oh, we got nearly noting during more thatn a decade after the 2008 crash, but thanks to you, I figured I got about 1% more than I would have without you. Without you, I'm afraid we will lose that 1% extra.

Good luck to you. You deserve it. And so does Carolyn, who contributed so much from the shadows.
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36
milty
  |     |   1,689 posts since 2018
I think I discovered your site sometime in 2017, and have done very well, very well indeed thanks to your information, advice, and biweekly summaries, as well as from the others who post here.

Sorry to see you go, but best wishes, and best of good buys.

Regards,
Milty
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27
Ally6770
  |     |   4,307 posts since 2010
Thank you Ken for all you have done.
Really hate to see you go.
Not the same since you sold it to LendingTree.
Hope they will continue to improve.
Will keep coming back and check it out.
Wish you the best.
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24
Robb
  |     |   324 posts since 2018
Sorry to see you go Ken it must be a bittersweet day but wish you nothing but the best in life. You have provided a great service building a tremendous site/niche from scratch and helped out so many, myself included in the process. You will be missed and will continue to follow you over on Twitter. All the best…
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22
gregk
  |     |   73 posts since 2013
I’ve been a sometimes critic, but Deposit Accounts has been (with emphasis on the past tense) an invaluable resource for me over many, many years. Thanks and best wishes.
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30
gratitudecd
  |     |   83 posts since 2022
Ken you will be missed. Wish you and your handsome partner the very best.

Can't wait to see what next venture you have coming next! You have taught me personally a lot and your insights have been excellent.
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9
racecar
  |     |   628 posts since 2014
Ken,
Thank you for starting, and diligently maintaining this site for so many years. You, along with those who helped you run the site, have helped so many people. It's hard to even imagine how much better off we all are, having had DA as a resource for so many years. Heck, back in the day I even used to travel out of state on mini-vacations to get special deals mentioned on DA if it was worth it.

As you step away to go onto other things, I hope you take a moment to rightly be proud of what you created and accomplished. There aren't many with the dedication you've shown over the years -- even more amazing when you consider that this blog was originally a hobby and side gig for you, a far cry from being an engineer in the semiconductor industry.

I don't know if you will keep reporting on deposit accounts elsewhere or not, what your terms with Lending Tree might stipulate (as far as non-compete) or if you want to focus your energies in an entirely new direction... but whatever you decide to do, enjoy it -- you certainly deserve it.

In whatever direction you want to turn your focus and passion to now, both professionally and personally, I wish you all the best with heartfelt, sincere thanks!

Thank you!
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25
NYCDoug
  |     |   335 posts since 2011
Acquisition Announcement (2017):
https://www.prnewswire.com/news-releases/lendingtree-acquires-depositaccountscom-300474447.html

"The acquisition purchase has a possible total consideration of $33 million, which consists of $24 million in cash at closing, and contingent consideration payments of up to $9 million."
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8
CDMD
  |     |   142 posts since 2022
Thank you for everything you’ve done. Great website and tremendous insightful information and forum for all to share knowledge. Congratulations on the next phase of your journey. Best of luck.
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15
Mr_DYI
  |     |   10 posts since 2016
Ken, your site has been SUPER . Over the years, I have locked in high rate CDs all because of YOUR site - CD rates from banks or CUs I had no idea of. Now, the site is not too useful. We look forward to reading your new post at your new site...if you ever start anew.
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14
midas89
  |     |   1,020 posts since 2017
Let's rename LendingTree to EndingTree since Ken is ending his relationship with them. And if the split is causing great sadness or distress to Ken or anyone, let's rename it HeartrendingTree.

As Ken's life evolves into his contrary phase, I look forward to Ken's new endeavor as he partners with BorrowingTree.

Ken, I wish your future is filled with endless happiness and success.
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9
jbridge
  |     |   42 posts since 2024
While I've been a long-time reader, I've only started commenting in the Forum recently. Thanks to Ken (and the unsung Carolyn), I was able to take advantage of CDs with high rates at a couple of Michigan credit unions I didn't even know existed.

Without you, Ken, there is no DA, but I will be forever grateful for all I've learned from you and this wonderful website. Lending Tree has proved in the last few months that they have no vision and no understanding of what they have wrecked.

Best wishes and a thousand thanks for all your work.
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17
Ratesaver
  |     |   187 posts since 2013
I have been on and enjoyed your info; Good luck in the future. It was a great site to us small guys
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13
JINAYAKO
  |     |   26 posts since 2022
KEN TUMIN we will always REMEMBER you for EVER for what you have done for us.

TO LENDING TREE top management. Hope you listen to our comments. We ask you to make a BOX with Columns to display all CD RATES eg 6 months. Make the font larger and darker. Right now it is very much confusing. Once separated and put all info in a Box & Columns mode things will be much clearer. You have to think from the USER's side. This will make you a BIG Success.THANKS.
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10
buckeye61
  |     |   454 posts since 2011
You'll be greatly missed on Deposit Accounts! I appreciate everything you've done for this site and will continue to follow you on X.
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9
kcfield
  |     |   188 posts since 2012
Ken,
Thank you for your dedicated and tireless work at Deposit Accounts over the years. You have helped so many of us to be become wise savers, and better stewards of of our finances. I wish you the very best.
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21
choice1
  |     |   371 posts since 2023
Good Bye…Elvis left the building earlier…sorry you didn’t think about your real stakeholders…but PT Barnum was always swift on his feet! He would be proud!
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1
gregk
  |     |   73 posts since 2013
Inscrutable, Choice. Could someone call the translator?
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10
midas89
  |     |   1,020 posts since 2017
@gregk I wish I had not dropped out of school, for then I would be smart enough to know what the word inscrutable means, and then I would also have a reply that is impossible to understand or interpret :)

Here's a little known fact I just made up: My cousin Dale has a store that caters to vampire hunters. Stakeholders is his best-selling product. I was skeptical he'd be successful when Dale told me he was opening up a store that just caters to vampire hunters, but he said he couldn't wait to sink his teeth into it.
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2
racecar
  |     |   628 posts since 2014
"Inscrutable" is a table with flush screws.

Yeah, I heard about your cousin Dale's shop from his partner, Chip. The shop's name is Fangri-La. But... a vampire shop in this day and age? I hope he doesn't end up in the red...
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2
gregk
  |     |   73 posts since 2013
I could have chosen “incomprehensible”, - but that might have been equally incomprehensible to you, hehe.
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2
cactus
  |     |   28 posts since 2023
Thank you very, very much Ken! Wishing you the best.
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12
calwatch
  |     |   65 posts since 2018
Thank you Ken, best wishes on a well deserved break, or retirement, whatever it is.
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8
DMP
  |     |   3 posts since 2018
was trying to find a link to share several CD rates that I do not see posted in the CD area and came across your post Ken. I was wondering why it doesn't look like things are being updated. Lots of CD rates are incorrect. Now I know why. I hope Lending Tree hires someone to continue your legacy. You will be missed. (But the money you got for the buy out is very rewarding for you...Enjoy!)
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12
scott_v
  |     |   5 posts since 2022
Sorry to see you go. Since your departure, the website has become useless...."Best Rates" are inaccurate/non-current. What used to be a useful tool is now a waste of time.
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10
jbridge
  |     |   42 posts since 2024
Check out Deposit Quest substack. https://depositquest.substack.com/
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8
cjdtech
  |     |   48 posts since 2010
Thank you, Ken. I’ve been following since the days of ING Direct.
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9
Maecl
  |     |   149 posts since 2010
I found you Blog Spot years ago. Loved your blog from my day one. Sorry to see you leave. Thanks for your hard work.
Best Wishes for your future.
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8
Ltssharon
  |     |   472 posts since 2020
Well it is hard to see you go, really hard. Thankyou and Carolyn too
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6
Independent
  |     |   28 posts since 2021
When TIPS first went negative back in 2011, I started looking for other ultraconservative places to stash my retirement funds. This website popped-up on an internet search. Once the TIPS yields became positive again in 2022, they became more attractive again.

The site was quite useful during those 10 years. That was back in the days of rational commentors like ChasR and Bozo. Heck, even Deplorable 1 used to provide some relevant commentary.

Then around 2020, the political hacks ruined the comments section. It got so bad that the only thing that was worth bothering reading was Ken's summaries.

Now that's even gone. From what I can see, the rates section is still being updated in a timely manner. So, this site will still be of some value for that alone.

Good luck to you Mr. Tumin for a job well done.
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7


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