4.00% 48-Month CD at an Ohio Bank (Community National).

Update 3/8/08: The CD rate has fallen again. Please check bank for the latest rates.
Update 2/16/08: The rate on this special CD has fallen from 5.00% to 4.00% APY. The title has been modified to reflect this change. Please check the bank's website for the latest rates.

Community National Bank is offering a special 5.00% APY 48-month CD. The minimum deposit is $1,000. According to the website, "interest rates and APY's shown are effective beginning 02/05/08 and are available at all of The Community National Bank's Branches until 02/25/08." I called the bank, and I was told that rates may be changed before the 25th. Rates are typically changed on Tuesdays, so hopefully, they'll last at least past tomorrow.

According to the banking rep, a branch visit is required to open the CD. Branches are located in the Ohio cities of Franklin, Springboro, Centerville, Carlisle and Middletown. This is the area between Dayton and Cincinnati. The bank has been FDIC insured since 1983 (Certificate # 24271).