Synergy Bank is offering a very competitive 15-month CD special with a yield of 4.42% APY. Minimum deposit is $1,000. There's also a 27-month CD special, but it has a much less competitive yield of 3.96% APY. These specials are listed in the bank's rate table as of 11/19/08.
It appears that a branch visit is required to open an account. Branches are located in the Texas cities of Waco, McKinney, Garland and Denton.
Synergy Bank's financial ratings for soundness are fair: 3 stars (adequate) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both ratings are based on 6/30/08 data. The bank has been FDIC insured since 1998 (FDIC Certificate # 34669).