The CDs have above average penalties for early withdrawal. However, the 1-year CD penalty is not too bad at 181 days of interest. The other penalties are as follows: 90 days interest for terms of 90 to 180 days, 181 days of interest for terms of 181 to 365 days and 365 days of interest for terms of over 1 year.
ICB also has a money market account with an APY of 5.10%. However, this requires a balance over $100K. The rate for deposits under $25K is 3.65% APY. Also, there's a monthly maintenance fee for balances under $5K.
Branches are located in several cities of California and in Carson City, Nevada.
ICB is FDIC insured. Bankrate.com rates the bank 3 out of 5 stars (performing).