Champion Bank is offering a 5.75% APY certificate of deposit special with terms of 7 and 13 months. The 5.75% APY requires a checking account with direct deposit. Without the checking account the APY is 5.50%. The minimum deposit is $1,000.
The main branch is located in Creve Coeur, Missouri which is in the suburbs of St. Louis. It's a new bank that was just established in 2006. The bank is FDIC insured.