Omni National Bank is offering 3 competitive CDs for residents of Tampa, Florida and Atlanta, Georgia. These include a 4.15% APY 10-month CD, a 4.30% APY 15-month CD and a 4.50% APY 27-month CD. These rates are for new deposits in both regular CDs and IRA CDs. Minimum deposit is $5,000. These CD rates are listed at the bank's website as of 12/18/08. Rates are subject to change at any time.
The bank also has branches in Dalton, GA; Chicago, IL; and Dallas and Houston, TX. However, these rates are lower. These include a 3.75% APY 10-month CD, a 4.00% APY 15-month CD and a 4.15% APY 27-month CD.
It appears a branch visit may be required to open an account. Please check the bank's location page for addresses and phone numbers.
The bank's financial ratings for soundness are weak: 0 stars (lowest) at BauerFinancial and 1 star (lowest) at Bankrate.com. Both ratings are based on 9/30/08 data. The bank has been FDIC insured since 1976 (FDIC Certificate # 22238).
Edit 12/20/08: Corrected term of 4.30% CD from 30 to 15 months.