Charter Bank CDs used to be available nationwide. However, I called the bank yesterday, and I was told that they now require you to come into a branch to open a CD.
Charter Bank is headquartered in Santa Fe, New Mexico. In addition to Santa Fe, it has branches in Albuquerque and Rio Rancho.
This is the same bank that offers the nationwide Turbo Checking Account. It's a reward checking account that pays 4.01% APY on balances up to $25K. The account had been paying 6.01% APY when it was launched in 2007 (see post).
Charter Bank's ratings for safety and soundness are a little weak: 2 stars (problematic) at BauerFinancial (based on 6/30/09 data) and 1 stars (lowest) at Bankrate.com (based on 3/31/09 data). The bank has been a FDIC member since 1986 (FDIC Certificate # 32498).
Other Competitive Certificate of Deposit Rates