Floridian Community Bank is offering a 2.91% APY 5-year CD. Minimum deposit is $1,000, and the early withdrawal penalty is 10 months of interest. There's also a 2.15% APY 3-year CD with a 6-month early withdrawal penalty. These rates and account details are not listed at the bank's website. A reader emailed me info on this bank, and I called today (10/06/2010) for additional details. The bank rep didn't know how long these would last. Rates are subject to change at any time.
A branch visit is required to open an account. Branches are located in the South Florida cities of Davie, Juno Beach, Delray Beach and Wellington.
The bank's overall health score is 4 out of 5 with a Texas Ratio of 25.87% (above average) based on 6/30/10 data. Please refer to our financial overview of Floridian Community Bank for more details. The bank has been a FDIC member since 2003 (FDIC Certificate # 57382).
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