Florida Bank of Commerce is offering a special 6-month CD with a 4.18% APY. Minimum deposit is $500, and the maximum is $99,000. New money is required. This special doesn't seem to be listed at the bank's website. A reader mentioned that it was advertised in last week's Orlando Sentinel. I just called and verified that it's available today (12/01/08). The banking rep could not say how much longer it would last.
I was told that a branch visit is required to open an account. Branches are located in the Central Florida cities of Orlando, Kissimmee, Lake Mary and Winter Park.
It's a fairly new bank that was established in late 2005. Its financial ratings for soundness are a little weak: 3 stars (adequate) at BauerFinancial and 2 stars (below peer group) at Bankrate.com. Both ratings are based on 6/30/08 data. The bank is FDIC insured (FDIC Certificate # 58081).