Hudson City Savings Bank is paying 0.50% APY on 3 month CDs. To earn the rate you will have to make a deposit of $500.
Only savers from the tri-state area of Connecticut, New York and New Jersey are offered the minimum deposit requirement. For others, it is $5000.
Another financial institution offering 0.50% APY is KeySource Commercial Bank. If you purchase its certificate of deposit from its branch in Durham in person, via mail or over the phone, you will have to make a deposit of $100 (at least). However, in case you buy it online, you will have to make a deposit of $5,000.