Pacific State Bank is offering a special 3.83% APY 10-month CD. The bank also has a competitve rate of 3.70% APY on terms from 12 to 60 months. The minimum deposit is $2,500. Please see the bank's rate table for the full details.
I last reported on this bank in April when it was offering a 4.03% 7-month special CD. The other CD rates have also fallen a little since then.
When I contacted the bank last month (1-800-841-0110), I was told that they do require a branch visit to open accounts. Branches are located in the California cities of Stockton, Modesto, Arnold, Tracy, Groveland, Angels Camp and Lodi.
The bank has been FDIC insured since 1987 (Certificate # 27090). It has a 4 out of 5 star rating (sound) at Bankrate.com based on 12/31/07 data.