Dedicated to Deposits: Deals, Data, and Discussion

5.50% 11-Month CD at a Florida Bank (Platinum)

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Platinum Bank is offering a special 5.50% APY 11-month certificate of deposit. The minimum is $10,000. In addition to being listed on the bank's website, this special was advertised in the Tampa newspaper. The ad is available here. According to the ad, the maximum deposit is $100K and the offer is only valid to Florida residents. There's also a 5.30% APY 7-month CD special.

The bank has branches in Tampa, Plant City, Brandon and Lakeland. It has been FDIC insured since 1997.

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