Reliant Bank is offering a special 5.60% APY 10-month certificate of deposit. The minimum deposit is $10,000, and the maximum deposit is $500,000. It's called a Flex CD because it allows you to choose one of the following features: one time add-on, one time withdrawal or one time rate bump-up.
It appears this CD can be opened by phone. On the promo page, it states:
Contact us at (615)221-2020 or toll free at 1-877-221-2050 to open your CD today!
[Update: The bank has changed the promo page, and it now states that a branch visit is required.]
The bank is located in Brentwood, Tennessee which is about 10 miles south of Nashville. It's a new bank that was just established in 2006. It's FDIC insured (FDIC Certificate # 58209).