Update 3/27/08: A reader has reported that the bonus is no longer available for new signups.
ShoreBank is offering a $25 new account bonus for opening its new High-Yield Savings Account. It doesn't seem to be listed on the bank's website. A reader mentioned seeing it in an ad, and he attached a scan of it. Here's a copy of the scan. The code is 1DMHY, and it should be entered into the online application. I called their toll-free number (888-864-4972) and was told that there is a $25 bonus and there's only a $1 minimum deposit to earn this. I think the $1,000 minimum mentioned in the ad refers to the CD. The bonus should be credited within 2 months.
I wrote a review of this new online savings account in this November post. The yield is still 5% APY on all balances. With the latest Fed rate drops, this might not last much longer. But with this being a new account, the bank may keep it higher to help promote it.
Thanks to the reader who mentioned this promo and provided a link to the scan in the comments.