Florida Traditions Bank continues to offer a very competitive 5-year CD. The rate is 3.30% APY. The CDs with terms over 2 years are fair: 2.32% APY 36-month and 2.84% APY 48-month. The shorter terms are not nearly as competitive. These rates are listed in the bank's rates page as of the morning of 6/22/2010.
It appears that a branch visit is required to open an account. Branches are located in the West Central Florida cities Dade City, Spring Hill, Zephyrhills and Winter Haven.
The bank's ratings for safety and soundness are above average: 4 stars (excellent) at BauerFinancial, 3 stars (performing) at Bankrate.com and an overall health score of 4 out of 5 at DepositAccounts.com (see our Florida Traditions Bank rates and reviews page). These ratings are based on 3/31/10 data except for Bankrate which is still based on 12/31/09 data. The bank has been a FDIC member since 2007 (FDIC Certificate # 58682).