This special doesn't seem to be listed at the bank's website. A reader mentioned seeing this being advertised in a newspaper, and I just called for additional details. According to the CSR, this special CD requires a branch visit to open. They do have an online application that allows anyone in California to open an account. However, this special CD may not be available in this application. She didn't know how much longer it would last, but she said it's likely to last at least through this week.
Branches are located in the Los Angeles metro area in the cities of Cerritos, Laguna Hills and Lakewood. The bank has a 3.5-star rating (good) at BauerFinancial based on 3/31/08 data. It has been FDIC insured since 1997 (FDIC Certificate # 34250).
Thanks to the reader who emailed me info on this special.
Update 7/17/08: Made a couple of clarifications and corrections.