5.55% 4-Month / 5.55% 11-Month CD at a Florida Bank (TransCapital)

TransCapital Bank is offering a promotional 5.55% APY certificate of deposit with a term from 4 to 11 months. The minimum deposit is $5,000. It's only available at the bank's Bonita Springs branch. This special is also being advertised in the Naples newspaper. A ratchet tool set is also being offered when you bring in the ad and open your CD. The ad is available online here. The bank is also offering 5.55% APY on its regular CDs with terms from 36 to 60 months. These have a $1K minimum deposit.

In addition to Bonita Springs, the bank has branches in Hallandale Beach, Delray Beach and Sunrise, Florida. The bank is FDIC insured (FDIC Certificate # 35050).

Tags: TransCapital Bank, CD rates, Florida