Update 7/19/08: This CD rate has fallen. Please check the bank's website for the latest rates.
Hopkins Federal Savings Bank is offering a 4.25% APY 12-month CD. The minimum deposit is $5,000, and it's also available in an IRA. Please refer to the bank's rate table for more details.
At the bottom of the rate table, it states that "all applicants must physically come into one of our locations to open an account," and at the top of the table, it states that new accounts are available for Maryland residents only. As someone who is always searching for the best CD rates, I'm at least glad when a bank is clear with its account requirements. The bank has 2 offices located in Baltimore.
The bank has a 5-star rating (superior) at BauerFinancial based on 3/31/08 data. It has been FDIC insured since 1985 (FDIC Certificate # 32372).