Fifth Street Bank of Las Vegas, Nevada is offering a savings account called the FSB Exclusive Savings which offers 5.32% APY on all balances over $100. There are no monthly fees, so long as the balance is over $100. If the balance drops below $100, a $10 monthly fee is charged. The bank also has some decent rates on their money market accounts and CDs, yielding 4.72% APY and 5.25% APY 3-18 months, respectively.

Fifth Street Bank was just established in May 2007, so this could be a possible explanation for the relatively high rate provided by brick-and-mortar bank. It’s a small bank with one branch in Las Vegas. Fifth Street Bank is FDIC insured.