5.75% 6-Month CD at a Phoenix Bank (Copper Star).

Copper Star Bank is advertising a 5.75% APY 6-month certificate of deposit. The minimum is $10K. It has an add-on feature that allows additional deposits during the term of at least $1K. The bank is also advertising a 5.25% APY Classic Savings Account with a $25K minimum. These were advertised in yesterday's Arizona Republic. They are not listed at the bank's website.

Branches are located in Phoenix and Scottsdale.

The bank has been FDIC insured since May of 2000.

Thanks to the reader who mentioned this special in the finding deals post.

[Edit 9/24/06: See new post for a new 5.80% 6-month CD and 5.30% savings account]