Sunshine Savings Bank has recently lowered its special CD rates, but they remain very competitive. The two specials are now 3.50% APY for 13 months and 3.15% APY for 7 months. Minimum deposit is $1,000. These rates are listed in the bank's savings rates page as of 2/01/2009.
In this post from last month I describe how you may be able to open this special CD without a branch visit. It's definitely easier if you can visit a branch. Branches are located in the Florida cities of Tallahassee and Pembroke Pines which is located between Miami and Ft. Lauderdale.
The bank has some decent ratings for soundness: 4 stars (excellent) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both ratings are based on 9/30/08 financial data.
This is one of the rare banks that used to be a credit union. It changed to an FDIC insured bank in July 2007 (Certificate # 58452).
Thanks to the reader who emailed me news of these new CD specials.