United Community Bank has a very nice CD special, but it's not going to last long. It's scheduled to end this Saturday (5/31/08). It has a yield of 4.25% APY and a term of 15 months. The minimum deposit is $500. This special doesn't seem to be listed at the bank's website. A reader sent me email on this, and I just called the bank for additional details. According to the CSR, there is no maximum deposit limit and there are no checking account requirements.
A branch visit is required to open this CD. Branches are located in several cities of Georgia, East Tennessee and Western North Carolina.
The bank has a 4 star rating (excellent) at BauerFinancial based on 12/31/07 data. It has been FDIC insured since 1950 (FDIC Certificate # 16889).
Thanks to the reader who sent me email on this special.