Trustco Bank is offering a 5.50% APY certificate of deposit. In Florida the CD is listed with a yield of 5.50% APY and a term of 1 year. In the Capital region of New York, in Massachusetts and in Vermont the CD is listed with a yield of 5.50% APY and a term of 9 months. In Downstate New York and in New Jersey, the CD is listed with a yield of 5.30% APY and a term of 1 year. For all cases, the minimum deposit is $500, and it requires a checking account. It's also available as an IRA CD.
The free checking account will qualify you for this special, and it does not require direct deposit. So it's not too bad of a requirement. The free checking account has a minimum $25 opening deposit, has no monthly service charge and offers free checks for life.