5% 12-Month CD at a New Jersey Bank

Royal Bank America is having a "grand opening special" at the Fort Lee, New Jersey branch. It's offering 5.00% APY CD with a 12-month term and a $1K minimum. A checking account is required. Thanks to Heads Up Guy who posted this deal here. Below are the details as posted:

Royal Bank America
213 Main Street
Fort Lee, NJ (North Jersey/NY Metro)
"grand opening special" (not on website, ad in paper and big sign in window at branch). Can call 201.944.1712.

5.00% (APY) 12 month CD
$1,000 min. - no maximum
must also open a checking account (Free checking account options are available, as is NJ Consumer Checking)
FDIC insured

...also have a 3.55% (APY) interest checking account w/$10k min.

Other branch locations can be found here.