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

First Home Bank 18-Month CD (3.01% APY) Available Nationwide
Deal Summary: CD Specials – 18-month (3.01% APY), 15-month (2.72% APY), $1k min/$240k max deposit, new money.

Availability: Nationwide

Florida-based First Home Bank (1HB) has two nationally available CD Specials – 18-month (3.01% APY) and 15-month (2.72% APY). These limited-time CD Specials require a minimum $1k of new money to open and are capped at $240k.

According to CSR, the Early Withdrawal Penalty (EWP) for any 1HB CD is one-half of all interest earned, with partial withdrawals allowed.

Funding the CD Specials and accessing maturing funds can be...

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Premier America Credit Union Ups 16-Month CD Special, 3.15% APY
Deal Summary: 16-month Certificate Special, 3.15% APY, $1k minimum deposit

Availability: Easy Membership Requirement

Do you remember Premier America Credit Union’s (Premier America CU) 16-month Fall Certificate Special? In September, the 16-month CD Special earned 3.00% APY. Four months later, the CD Special is still available, but has a new name (New Year Certificate Special) and a new, improved rate of 3.15% APY. This limited-time offering can be opened with a minimum $1k, with no stated balance cap.

As stated in the Special Certificate...

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Connexus Credit Union's 60-Month CD Now Earns 3.63% APY
Deal Summary: Share Certificates – 60-month (3.63% APY), 36-month (3.35% APY), $5k minimum deposit

Availability: Easy membership requirement

Two months ago, Connexus Credit Union (Connexus) caught the attention of DA readers by raising the rate on its 60-month Share Certificate (SC) to 4.00% APY. That rate lasted about three weeks before dropping to 3.50% APY, where it remained until today. The new 3.63% APY makes the 60-month SC a rate leader in the nationally available 5-year CD category.

Connexus also added 15 bps to its 36-month...

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Freedom Credit Union Offers 24-Month CD, 3.05% APY
Deal Summary: 24-month CD, 3.05% APY, $500 minimum deposit, additional deposits allowed.

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.

Pennsylvania-based Freedom Credit Union (Freedom CU) is currently offering a competitive 3.05% APY on its 24-month CD. The minimum opening deposit is $500, with no stated balance cap. There is also a 24-month Youth CD (members 25 years and younger) earning the same 3.05% APY, but only requiring a...

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Elmira Savings Bank (NY) Debuts 29-Month CD Special, 3.15% APY
Deal Summary: CD Specials – 29-month (3.15% APY) 19-month (3.00% APY), $500 minimum deposit, new money.

Availability: Market area includes two Central and five Southern Tier New York counties.

Elmira Savings Bank (ESB) is currently offering three CD Specials – 29-month (3.15% APY), 19-month (3.00% APY), and 9-month (2.15% APY). The more competitive rates belong to the 29- and 19-month CD Specials. The minimum opening deposit is $500 of new money, with no stated balance cap.

The CD Specials are also offered as IRAs (Traditional), earning...

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HRCU (NH) 30-Month CD Special Now Earns 3.51% APY
Deal Summary: 30-month CD Special, 3.51% APY, $500 minimum deposit

Availability: Residents of New Hampshire

HRCU (formerly known as Holy Rosary Credit Union) has raised the rate on its 30-month CD Special to 3.51% APY. The minimum deposit is $500, with no stated balance cap.

The CD Special is available as an IRA (Traditional, Roth, CESA, and SEP), earning the same APY with the same funding requirements.

The 30-month CD Special was added to the product line in March 2017, with an initial 1.65% APY. In the beginning...

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First Community Credit Union Hikes 72-Month CD Rate To 3.75% APY
Deal Summary: 72-month CD (3.75% APY), 60-month CD (3.50% APY), $500 minimum. 19-month CD Special, 3.04% APY, $500 min/$250k max deposit per person.

Availability: Residents of five Missouri counties and the City of St. Louis, and three Illinois counties, all in the St. Louis metropolitan area.

Over the weekend, First Community Credit Union (First Community CU) raised the rates on two of its long-term CDs: 72-month (3.75% APY) and 60-month (3.50% APY). The minimum deposit for either CD is $500, with no stated balance cap.

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Citizens Access Ups Online Savings To 2.35% APY
Deal Summary: Online Savings Account, 2.35% APY, $5k minimum opening deposit

Availability: Nationwide (internet bank)

Citizens Bank (RI) unveiled its new internet division, Citizens Access, in July 2018. The new bank's Online Savings Account offered an initial 2.00% APY on balances of $5k and above; balances below $5k earned 0.25% APY. Two rate increases in September and October added a total of 25 bps, although the lower rate tier remained static.

Since October’s increase, the Online Savings Account rate hasn’t changed until this morning: the new rate...

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UniBank (MA/CT/RI) Offers 14-Month CD Special, 3.00% APY
Deal Summary: 14-month CD Special, 3.00% APY, $500 min/$1m max deposit, limit of one.

Availability: Online market area includes Connecticut, Massachusetts, and Rhode Island.

Massachusetts-based UniBank for Savings (UniBank) is currently offering a 14-month CD Special, which earn 3.00% APY. The minimum opening deposit is only $500, and the maximum is capped at $1 million. There is also a limit of “one 14-month CD account per customer holding the position of primary account holder.”

In December, I wrote about two CD Specials at...

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Liberty Bell Bank (NJ) Offers 15-Month CD Special, 3.00% APY
Deal Summary: 15-month CD Special, 3.00% APY, $2.5k minimum deposit

Availability: Primary market area is South New Jersey, but anyone who can come into a branch is eligible (no residency requirement).

New Jersey-based Liberty Bell Bank is currently offering a 15-month CD Special (3.00% APY). The minimum deposit is $2.5k, with no stated balance cap.

The CD Special is also available as an IRA (Traditional), earning the same APY with the same funding requirements.

According to CSR, the Early Withdrawal Penalty is three months interest on the...

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