5.75% 8-Month CD at a Florida Bank (FBC)

Florida Bank of Commerce is advertising a 5.75% APY 8-month certificate of deposit. The minimum is $1k and the maximum deposit is $95k. It requires new deposits. This promotional rate is available through October 20, 2006. This special is not listed at the bank's website. It was advertised in this week's Orlando Sentinel.

Branches are located in Orlando, Kissimmee and Lake Mary, Florida.

The bank is new and was just established last year. It's FDIC insured.