Bank of the Ozarks is advertising a CD with a yield of 4.01% APY for terms of 5 to 13 months. The minimum deposit $5,000. This CD special doesn't seem to be listed at the bank's website. It was advertised in yesterday's Dallas Morning News. The ad is available online here.
The ad also lists some competitive money market and checking account rates. The money market account has a yield of 3.50% APY for a minimum balance of $10K and the checking has a yield of 3.04% APY for a minimum balance of $1,000. Details of this MaxYield checking are listed at this bank's webpage. A $12 monthly fee applies for balances under $1,000.
According to the ad these offers are available only to those in the Dallas-Forth Worth metro area. The ad lists the Frisco branches and the Lewisville location.
Bank of the Ozarks is based in Little Rock, Arkansas. It has some decent financial ratings: 4 stars (excellent) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both are based on 3/31/08 data. The bank has been FDIC insured since 1934 (Certificate # 110).