La Jolla Bank is offering a competitive 5.40% APY CD rate on their 1 year CD. Their 6 month CD yields a slightly lower rate of 5.30% APY. Minimum balance is $10,000, and interest is paid out monthly. According to their website:

These rates are available only when reserving your account through La Jolla Bank’s Web site. To complete the on-line new account application, please click the “Join Us” icon.

According to this disclaimer, it appears that the rates are available only through their online signup. However, I’m sure if you walked into a branch they probably wouldn’t decline your business. For more information, visit La Jolla Bank’s homepage or call 800-333-1909 or 858-454-8800.

Branches locations:

• San Diego, California (CA)
• Rancho Santa Fe, California
• Escondido, California
• Mission Viejo, California
• Newport Beach, California
• Beverly Hills, California
• La Quinta, California
• Indian Wells, California
• Palm Desert, California
• Dallas, Texas (TX)