CD Specials (5% 13-mo) at an Indiana Bank

The First National Bank and Trust has three very good CD specials: 5% 13-month, 4.75% 7-month and 4.50% 4-month. Rates are in APY, and all have minimum deposit requirements of $500.

The bank has a few FAQs regarding the CDs although they don't answer the question if these are available for those outside Indiana. It does say that you can purchase a certificate of deposit without already being a customer. So you shouldn't have to open a checking account to qualify for these CDs (which is often the case for CD promotions at banks.)

Branches are located in several Indiana cities including Indianapolis, Kokomo, Brazil and Richmond. Credit for this find goes to this fatwallet thread.