5.77% 7-Month CD at a North Dakota/Arizona Bank (First International Bank and Trust)

First International Bank and Trust is offering a special 5.77% APY 7-month certificate of deposit. The minimum is $2.5K. The special is available with a qualified checking or savings account.

It appeared that accounts could be opened online, but after contacting the bank, I was told that you had to visit a branch to open an account.

The bank is based in North Dakota, but it also has branches in Arizona. It has been FDIC insured since 1934. Bankrate.com gives the bank a financial rating of 4 out of 5 stars (sound).

[Edit: Modified account opening requirement by branch visit only]