Update 7/09/09: The 7-month Advanage CD rate has fallen to 2.00% APY.
Central Bank is offering a 2.50% APY 7-month CD. It's called an Advantage CD, and it has two nice liquid features. It gives you the option to withdraw $500 or more one time a month, and you have the option to deposit amounts of $500 or more anytime you want up to the $100,000 maximum balance. Minimum deposit is $5,000. The rate is listed at the bank's rate table as of 5/31/09.
It appears a branch visit is required to open an account. It's a small one-branch bank located in Tampa, Florida.
It was just established in 2007, and thus, it doesn't have a rating at BauerFinancial. Bankrate.com gives the bank 3 stars (performing) for safety and soundness based on 12/31/08 financial data. The bank is a member FDIC (FDIC Certificate # 58377).
Other High Certificate of Deposit Rates
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