Vision Bank - Texas is offering a 1.71% APY 12-month CD. There's also a fairly competitive 6-month CD with a 1.20% APY. These rates are listed in the bank's deposit rates page as of 6/13/2010.
The bank continues to have a good deal on its reward checking account with a 4.18% APY on balances up to $25K as of 6/13/2010 (see account review).
For those with large savings, the bank offers a savings account with a 2.02% APY on a minimum balance of $100,000. This is also listed in the deposit rates page as of 6/13/2010. If the balance drops below $100K, there's a $10 monthly fee and the rate drops way down to 0.30%. More details are located in the Vision Personal Premier Savings overview. The rate has remained competitive. When I last reported on this bank in December, the top rate was 2.25% APY.
The bank has an online application, however, it states that the bank only serves "areas of Collin, Dallas, Denton, Rockwall, Tarrant and other contiguous counties within the state of Texas." I've been told last year by the bank that they do require a branch visit to complete the application process. It's a small bank with one office located in Richardson, Texas which is in the suburbs of Dallas.
The bank's ratings for safety and soundness are a little above average: 3½ stars (good) at BauerFinancial (based on 3/31/10 data), 3 stars (performing) at Bankrate.com (based on 12/31/09 data) and 5 out of 5 health score at DepositAccounts.com (based on 3/31/10 data, see our Vision Bank rates and reviews page). The bank has been a FDIC member since 2007 (FDIC Certificate # 58447).