Park Cities Bank is offering some attractive rates on its short-term CDs. The most competitive is the 9-month CD with an APY of 4.25% APY. The other ones include a 4% APY 6-month CD and a 4.10% APY 12-month CD. These rates are listed at the bank's rate sheet as of 11/27/08. Minimum deposit is $1,000. The rates are also available for an IRA CD.
The bank also has a competitive money market account with an APY of 3.57% APY for balances of $5K to $100K and 3.82% APY for balances over $100,000. There's no guarantee on how long these rates will last.
It appears a branch visit is required to open an account. Branches are located in Dallas and Forth Worth, Texas.
Park Cities Bank has some decent financial ratings for soundness: 3.5 stars (good) at BauerFinancial and 3 stars (performing) at Bankrate.com. These ratings are based on 6/30/08 data. The bank has been FDIC insured since 2000 (FDIC Certificate # 57057).