5.01% 12-Month CD at a Florida Bank

The America Enterprise Bank of Florida has a 1-year CD that yields 5.01% APY. Its 2, 3 and 5 year CDs have rates of 5.05%, 5.07% and 5.10% APY. The shorter term CDs are nothing special. All of these certificates of deposit have minimum opening deposit requirements of $500.

This is a small bank with one branch located in Jacksonville, Florida. It's also a new bank that only has been around since February 2004. However, the bank and its website are listed in the FDIC's Bank Find database. Also, Bankrate.com gives this bank a rating of 3 out of 5 stars (performing).