Fidelity Bank of Florida continues to offer a 5-year CD with a 4.00% APY. Minimum deposit is $10,000 and $4,000 for an IRA CD. The bank also has competitive rates on its NOW Checking and tiered money market account. The money market account has rates up to 2.00% APY for a $100K balance. These rates are listed at the bank's rates page as of 7/23/09.
My last post on this CD was in May.
It appears that a branch visit is required to open an account. Branches are located in the Central Florida cities of Merritt Island, Longwood and Port Richey.
The bank's financial ratings for safety and soundness are a little weak. Since my May post, their rating has gone up one level at Bankrate but down one level at BauerFinancial. It's now 3 stars (performing) at Bankrate.com and 2 stars (problematic) at BauerFinancial. Both are based on 3/31/09 data. The bank has been a FDIC member since 1990 (FDIC Certificate # 33198).
Other High Certificate of Deposit Rates