FirstFedDirect, a division of First Federal Bank of California, is offering some pretty good yields for short term certificates of deposit.  The minimum opening deposit for all CD terms is $10,000.

These certificate of deposit yields are as of December 8, 2009.

• 3 months – 1.00% APY
• 6 months – 1.50% APY
• 9 months – 1.55 APY
• 12 months – 1.80% APY

FirstFedDirect.com