diff --git a/ethers-signers/src/wallet/mnemonic.rs b/ethers-signers/src/wallet/mnemonic.rs
index b50a4b16..aa2ebffd 100644
--- a/ethers-signers/src/wallet/mnemonic.rs
+++ b/ethers-signers/src/wallet/mnemonic.rs
@@ -1,10 +1,14 @@
 //! Specific helper functions for creating/loading a mnemonic private key following BIP-39
 //! specifications
-use crate::{wallet::util::key_to_address, Wallet, WalletError};
+use crate::{Wallet, WalletError};
 
 use coins_bip32::path::DerivationPath;
 use coins_bip39::{Mnemonic, Wordlist};
-use ethers_core::{k256::ecdsa::SigningKey, types::PathOrString, utils::to_checksum};
+use ethers_core::{
+    k256::ecdsa::SigningKey,
+    types::PathOrString,
+    utils::{secret_key_to_address, to_checksum},
+};
 use rand::Rng;
 use std::{fs::File, io::Write, marker::PhantomData, path::PathBuf, str::FromStr};
 use thiserror::Error;
@@ -174,7 +178,7 @@ impl<W: Wordlist> MnemonicBuilder<W> {
             mnemonic.derive_key(&self.derivation_path, self.password.as_deref())?;
         let key: &SigningKey = derived_priv_key.as_ref();
         let signer = SigningKey::from_bytes(&key.to_bytes())?;
-        let address = key_to_address(&signer);
+        let address = secret_key_to_address(&signer);
 
         Ok(Wallet::<SigningKey> {
             signer,
diff --git a/ethers-signers/src/wallet/mod.rs b/ethers-signers/src/wallet/mod.rs
index f34f5d01..1806f619 100644
--- a/ethers-signers/src/wallet/mod.rs
+++ b/ethers-signers/src/wallet/mod.rs
@@ -6,8 +6,6 @@ pub use mnemonic::{MnemonicBuilder, MnemonicBuilderError};
 mod private_key;
 pub use private_key::WalletError;
 
-mod util;
-
 #[cfg(feature = "yubihsm")]
 mod yubi;
 
diff --git a/ethers-signers/src/wallet/private_key.rs b/ethers-signers/src/wallet/private_key.rs
index b676c8f7..8e124932 100644
--- a/ethers-signers/src/wallet/private_key.rs
+++ b/ethers-signers/src/wallet/private_key.rs
@@ -1,13 +1,14 @@
 //! Specific helper functions for loading an offline K256 Private Key stored on disk
 use super::Wallet;
 
-use crate::wallet::{mnemonic::MnemonicBuilderError, util::key_to_address};
+use crate::wallet::mnemonic::MnemonicBuilderError;
 use coins_bip32::Bip32Error;
 use coins_bip39::MnemonicError;
 use eth_keystore::KeystoreError;
 use ethers_core::{
     k256::ecdsa::{self, SigningKey},
     rand::{CryptoRng, Rng},
+    utils::secret_key_to_address,
 };
 use std::{path::Path, str::FromStr};
 use thiserror::Error;
@@ -60,7 +61,7 @@ impl Wallet<SigningKey> {
     {
         let (secret, _) = eth_keystore::new(dir, rng, password)?;
         let signer = SigningKey::from_bytes(secret.as_slice())?;
-        let address = key_to_address(&signer);
+        let address = secret_key_to_address(&signer);
         Ok(Self {
             signer,
             address,
@@ -76,7 +77,7 @@ impl Wallet<SigningKey> {
     {
         let secret = eth_keystore::decrypt_key(keypath, password)?;
         let signer = SigningKey::from_bytes(secret.as_slice())?;
-        let address = key_to_address(&signer);
+        let address = secret_key_to_address(&signer);
         Ok(Self {
             signer,
             address,
@@ -87,7 +88,7 @@ impl Wallet<SigningKey> {
     /// Creates a new random keypair seeded with the provided RNG
     pub fn new<R: Rng + CryptoRng>(rng: &mut R) -> Self {
         let signer = SigningKey::random(rng);
-        let address = key_to_address(&signer);
+        let address = secret_key_to_address(&signer);
         Self {
             signer,
             address,
@@ -106,7 +107,7 @@ impl PartialEq for Wallet<SigningKey> {
 
 impl From<SigningKey> for Wallet<SigningKey> {
     fn from(signer: SigningKey) -> Self {
-        let address = key_to_address(&signer);
+        let address = secret_key_to_address(&signer);
 
         Self {
             signer,
@@ -122,7 +123,7 @@ impl From<K256SecretKey> for Wallet<SigningKey> {
     fn from(key: K256SecretKey) -> Self {
         let signer = SigningKey::from_bytes(&*key.to_bytes())
             .expect("private key should always be convertible to signing key");
-        let address = key_to_address(&signer);
+        let address = secret_key_to_address(&signer);
 
         Self {
             signer,
diff --git a/ethers-signers/src/wallet/util.rs b/ethers-signers/src/wallet/util.rs
deleted file mode 100644
index dea317c8..00000000
--- a/ethers-signers/src/wallet/util.rs
+++ /dev/null
@@ -1,14 +0,0 @@
-use ethers_core::{
-    k256::{ecdsa::SigningKey, EncodedPoint as K256PublicKey},
-    types::Address,
-    utils::keccak256,
-};
-
-pub fn key_to_address(secret_key: &SigningKey) -> Address {
-    // TODO: Can we do this in a better way?
-    let uncompressed_pub_key = K256PublicKey::from(&secret_key.verify_key()).decompress();
-    let public_key = uncompressed_pub_key.unwrap().to_bytes();
-    debug_assert_eq!(public_key[0], 0x04);
-    let hash = keccak256(&public_key[1..]);
-    Address::from_slice(&hash[12..])
-}
diff --git a/ethers/examples/mnemonic.rs b/ethers/examples/mnemonic.rs
new file mode 100644
index 00000000..0685a165
--- /dev/null
+++ b/ethers/examples/mnemonic.rs
@@ -0,0 +1,32 @@
+use ethers::signers::{coins_bip39::English, MnemonicBuilder};
+
+fn main() -> anyhow::Result<()> {
+    let phrase = "work man father plunge mystery proud hollow address reunion sauce theory bonus";
+    let index = 0u32;
+    let password = "TREZOR123";
+
+    // Access mnemonic phrase with password
+    // Child key at derivation path: m/44'/60'/0'/0/{index}
+    let wallet = MnemonicBuilder::<English>::default()
+        .phrase(phrase)
+        .index(index)?
+        // Use this if your mnemonic is encrypted
+        .password(password)
+        .build()?;
+
+    dbg!(&wallet);
+
+    // Generate a random wallet (24 word phrase) at custom derivation path
+    let mut rng = rand::thread_rng();
+    let wallet = MnemonicBuilder::<English>::default()
+        .word_count(24)
+        .derivation_path("m/44'/60'/0'/2/1")?
+        // Optionally add this if you want the generated mnemonic to be written
+        // to a file
+        // .write_to(path)
+        .build_random(&mut rng)?;
+
+    dbg!(&wallet);
+
+    Ok(())
+}