Stillwater National Bank is advertising a competitive CD rate of 2.00% APY for a 18-month term. Minimum deposit is $5,000. This special doesn't seem to be listed at the bank's website. It was advertised in today's (2/28/2010) Oklahoma City newspaper. The ad is available online here.
Three weeks ago the bank was offering 2% on a 15-month CD special, and in December it was a 2% 11-month CD. As you can see, a 2% APY is getting harder to find for shorter terms.
It appears a branch visit is required. The ad lists branches in Oklahoma City and Edmond. The bank has many other branches in Kansas and Texas, but these special CDs may be specific to the Oklahoma branches.
The bank's ratings for safety and soundness continue to be fair: 3 stars (performing) at Bankrate.com and 3½ stars (good) at BauerFinancial. Both ratings are based on 9/30/09 financial data. The bank has been a FDIC member since 1934 (FDIC Certificate # 4201).