5.12% Money Market / 5.27% 6-Month CD at a New Jersey Bank

Union Center National Bank (UCNB) is offering a promotion they are calling the "Ultimate" CD and money market accounts. The Ultimate Money Market Account has an APY of 5.12%. There's a $10K opening balance requirement. There's a big negative if you fall below $10K (no interest and a $25/month fee). UCNB's Ultimate 6-month certificate of deposit has an APY of 5.27% with a $5K opening balance. These accounts are available to individuals and businesses.

There is also an extra bonus of $100 in free gas when you open either account, but the details are a little confusing:

Gas certificates provide for a $100 value. Customer required to submit certificate within 30 days of receipt and will receive coupons. Only one coupon may be redeemed within a 30 day period. Sumbitted receipts must be postmarked within 7 days of the fuel purchase. Gas certificates limited to 2 per household.

UCNB has branches in several cities around New Jersey.