Enterprise Bank, with four branches in northern New Jersey in the New Your City metropolitan area, is offering a 2-year CD at 3.25% APY. Minimum to open is $1,000, and maximum for the account is $500,000. They note the offer may be withdrawn at any time without notice; it has been in effect since Nov. 14, 2018.https://enterprisebank.net/
There is no information at the bank’s Website about whether this is local only, but it probably is as their About page states that the bank was founded in 2002 with “one simple premise - being local matters! We believe that you have to thoroughly understand the nuances of the markets you serve and be willing to work hard every day to meet the needs of the business and individuals that make our communities great.” In addition, there is no online application, so it is likely you would even have to go to a branch to open the CD, although I don’t know if they will send you an application to do by mail.
Their CDs/IRAs page notes there is an early withdrawal penalty, but does not say how much it is, it says, “Complete account disclosure will be distributed at account opening.”
There is a 10-day grace period at maturity.
Ken, I note the CD Rates tables dos not have this one listed, but you do have this bank in your database. Oh, they don't have a CD rates page at the Website, this promo is featured on the home page; I gather if a bank does not post it rates online, they don't make it into the rates table -- gee, I wonder how many other good deals we don't know about.