USAmeriBank is offering a competitive CD special. It's a 15-month CD with a 1.15% APY. Minimum deposit is $500. This special doesn't appear to be listed on the bank's website. It was advertised last Wednesday's Tampa Tribune. The ad is available online here. I called this morning (7/16/2012) and confirmed it's still available. The CSR wasn't able to say how long it will last, but she thought it would last for awhile.
I spoke with the bank representative from the bank's Brandon office, and I was told that a branch visit is required. Make sure you bring at least two forms of ID. They don't mind if you live outside of the Tampa metro area.
USAmeriBank branches are located throughout the Tampa metro area in the cities of Largo, Tampa, Clearwater, Saint Petersburg and Brandon.
The bank has an overall health score at DepositAccounts.com of 4 stars (out of 5) with a Texas ratio of 17.66% (average) based on March 2012 data. Please refer to our financial overview of USAmeriBank for more details. The bank has been a FDIC member since 2007.
How this CD Rate Compares
Unfortunately, a 1.15% APY is very competitive for CDs with terms around 1 year. The highest 1-year and 18-month CD rate that's nationally available is 1.15% APY at Doral Bank Direct. This is accurate as of 7/16/2012.
Searching for the Best CD Rates
To search for the best nationwide CD rates and the best CD rates in your state, please refer to the CD rates section of DepositAccounts.com.