My last report on this bank was in September 2008 when it was offering a 4.75% 15-month CD. It had been offering good CD deals through much of 2008.
A branch visit appears to be required to open an account. Branches are located in Chicago, Illinois.
The bank's financial ratings for safety and soundness have gone down quite a bit since my September post. It now has zero star (lowest) at BauerFinancial (based on 3/31/09 data) and 1 star (lowest) at Bankrate.com (based on 12/31/08 data). As I recommend with any bank, make sure you keep under the FDIC limits. The bank has been a FDIC member since 1997 (FDIC Certificate # 34613).
Other High Certificate of Deposit Rates