First Sound Bank is offering a 2.25% APY 366-day CD. Minimum deposit is $100,000. This rate is listed at the bottom of the bank's rates page as of 11/22/2009.
It appears that a branch visit is required to open an account. It's a small bank with one office located in Seattle, Washington.
Its ratings for safety and soundness are a little weak: 1 star (troubled) at BauerFinancial and 1 star (lowest) at Bankrate.com. Both ratings are based on 6/30/09 financial data. On the plus side, I can't see any public enforcement actions against the bank (via CalculatedRisk Blog). The bank has been a FDIC member since 2004 (FDIC Certificate # 57799).
Thanks to the reader who emailed me info on this CD.
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