It appears that people from any state can open these CDs via an online application. They do have a toll-free number. I tried to call for more information, but it appears they're out for President's Day. In the online application, they provide a field to allow joint, trust and payable-on-death options that would allow you to go above the $100K FDIC limits (see my FDIC post).
The bank is located in Raleigh, North Carolina. It's a new bank that was just established in 2005, and consequently, it doesn't have any Bankrate rating. It is FDIC insured. The bank is small. According to the FDIC data as of September 30, 2006, it only has 5 employees and total assets of $19 million.