Roebling Bank is offering a special 4.60% APY 13-month CD. The minimum deposit is $25,000. The CD is listed in the bank's rate table. There's no mention that a checking or money market account is required. However, a reader mentioned seeing it advertised in a local NJ newspaper with this requirement.
It appears that a branch visit is required to open an account. Branches are located in the New Jersey cities of Roebling, New Egypt, Westampton and Delran.
The bank has some solid ratings for financial health: It has a 5-star rating (superior) at BauerFinancial and a 4-star rating (sound) at Bankrate.com. Both are based on 6/30/08 data. It has been FDIC insured since 1964 (FDIC Certificate # 31419).
Thanks to the reader who emailed me news of this special CD.