In the rate table it states that the accounts are for NY, NJ and CT residents only.
It has been a while since my last post on this bank. I had covered the bank several times in 2007 when they had CD rates over 5%. They often had branch specials, so if you're near a branch, be sure to check if there's a better CD special available. Branches are located in New York and Brooklyn, NY.
LibertyPointe Bank's ratings for safety and soundness are weak: 1 star (troubled) at BauerFinancial and 1 star (lowest) at Bankrate.com. Both ratings are based on 3/31/09 financial data. As I recommend with any bank, it's best to keep below the FDIC limits. The bank has been a FDIC member since 2005 (FDIC Certificate # 58071).
Other High Certificate of Deposit Rates