CIT Bank Term CD
in CD Accounts from CIT Bank
Would you recommend CIT Bank Term CD to your friends?
| Community Rating |
Rating not yet determined |
| Minimum Deposit | $1,000 |
| APY (Annual Percentage Yield) | 0.72% - 1.85% |
| Deposit Term |
|
CIT Bank Term CD Review
CIT Bank Term CD is offered by CIT Bank, a bank founded in 2000 and based in Salt Lake City, UT. CIT Bank Term CD is available in 50 states (and Washington, DC).
Are cd accounts from CIT Bank federally insured?
Yes, your CIT Bank cd accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #58978). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
What types of CDs does CIT Bank offer?
- Traditional
What APY does CIT Bank offer on its CDs?
CIT Bank Term CD offers an APY starting at 0.72% and ranging up to 1.85% (APY stands for annual percentage yield, rates may change).
What types of terms does CIT Bank Term CD offer?
CIT Bank offers CD terms of the following lengths:| Description | |
|---|---|
| APY (Annual Percentage Yield) | 0.72% - 1.85% |
| APY Type | Fixed APY |
| 3-Month APY | N/A |
| 6-Month APY | 0.72% |
| 11-Month APY | 1.80% |
| 12-Month APY | 1.80% |
| 2-Year APY | 1.4% |
| 3-Year APY | 1.3% |
| 4-Year APY | 1.5% |
| 5-Year APY | 1.7% |
| 7-Year APY | N/A |
What is the minimum deposit to open a CD account with CIT Bank?
CIT Bank Term CD requires a minimum initial deposit of $1,000 to open an account.
What types of early withdrawal penalties does CIT Bank Term CD charge?
Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.
CIT Bank does not charge an early withdrawal fee.
| Description | |
|---|---|
| Annual Fee | $0 |
| Transfer Fee | $0 |
| Rollover Fee | N/A |
| Early Withdrawal Fee Amount | N/A |
Contact
- Headquarters
-
2180 S 1300 East, Suite 250
Salt Lake City, UT 84106 - Visit Site
Other Services by CIT Bank
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
| Annual Fee | $0 |
| Grace Period for Account Changes | 10 |
| Transfer Fee | $0 |
CIT Bank Term CD Community Reviews
Other CD Accounts
3 Reviews
2 Reviews
CIT Bank CD Accounts
Minimum Deposit
$1,000
APY (Annual Percentage Yield)
1.85%
Deposit Term
- 11 months
Minimum Deposit
$25,000
APY (Annual Percentage Yield)
1.2% - 1.38%
Deposit Term
- 3 years
- 4 years
Minimum Deposit
$100,000
APY (Annual Percentage Yield)
1.4% - 1.75%
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