Senior Industry Analyst

Ken Tumin

Expertise: Deposit accounts, banking, savings and investing
Education: University of Central Florida

Ken Tumin is the senior industry analyst at LendingTree, where he is the head writer of DepositAccounts and its Bank Deals Blog. Ken founded Bank Deals Blog in 2005 and has been its head writer since its start. His knowledge of deposit accounts and banking has been referenced in numerous

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Latest Articles by Ken

Banking

What is the Federal Funds Rate?

The federal funds rate, a monetary policy set by the Federal Reserve, is the interest rate at which banks lend each other funds overnight. Learn how the rate affects the interest rates on credit cards, mortgages, deposit accounts and more. ... Continue Reading

November 3, 2022

Banking

What Are Liquid Assets?

Liquid assets are cash or other assets that can quickly convert into cash, and they're important to have for emergencies and future plans. The most liquid assets are cash in hand and certain deposit accounts. ... Continue Reading

October 17, 2022

Banking

What Is an ACH Transfer?

An Automated Clearing House (ACH) transfer is an electronic payment between bank accounts sent over the Automated Clearing House Network. You likely use ACH transfers on a regular basis: when your salary lands in your account every month or when you set up bill payments for your utilities or mortgage. ... Continue Reading

August 25, 2022

Senior Industry Analyst

Ken Tumin

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