5.50% 18-Month CD at a New Jersey/Pennsylvania Bank

Yardville National Bank is having a summer promotion with two decent deals between May 15th to May 25th. First, they're offering a 5.50% APY 18-month certificate of deposit. The minimum deposit is $500 and the maximum limit is $250K. You must be either a New Jersey or Pennsylvania resident to open this CD, but it can be opened by phone/mail. There is a 3-month interest penalty for early withdrawal.

The bank is also offering a 4.50% APY Simply Better Money Market Account with a possible $100 cash bonus for the first customer to open this account at your YNB branch each day between May 15th and 25th, 2006. The 4.50% APY requires a balance of $30K or more. The APY drops to 0.50% for balances between $10K and $30K. There's a $15 monthly maintenance fee for balances under $10K.

YNB has New Jersey branches in Burlington, Hunterdon and Mercer Counties, and branches in Bucks County, Pennsylvania.

Thanks and credit for this deal goes to the commenter who mentioned it in the finding deals post.