CIT Bank Term CD
in CD Accounts from CIT Bank
Cast your vote
Would you recommend CIT Bank Term CD to your friends?
| Community Rating | Strongly recommended |
| Minimum Deposit | $1,000 |
| APY | 0.72% - 2.2% |
CIT Bank Term CD Review
CIT Bank is based in Salt Lake City, UT. It was founded in 2000 and offers banking services in 50 states (and Washington, DC).
Is CIT Bank Term CD insured by the FDIC?
Certificate deposits invested with CIT Bank are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC insures up to $250k in CDs per accountholder.
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 2.2% (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 | 0.72% - 2.2% |
| APY Type | Fixed APY |
| 3-Month APY | N/A |
| 6-Month APY | 0.72% |
| 11-Month APY | N/A |
| 12-Month APY | 2.2% |
| 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 are the account minimums for CIT Bank Term CD?
CIT Bank Term CD requires a minimum initial deposit of $1,000 to open an account.What fees 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 |
CIT BANK TERM CD Disclosure:
CIT Bank, N.A. and OneWest Bank, a division of CIT Bank, N.A. are the same FDIC-insured institution. Deposits held under each name are not separately insured, but are combined to determine whether a depositor has exceeded the $250,000 federal deposit insurance limit, per depositor for each account ownership category. For purposes of calculating aggregate deposits held in CIT Bank, N.A., you should include deposits held in OneWest Bank, a division of CIT Bank, N.A.
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Contact
- Headquarters
-
2180 S 1300 East, Suite 250
Salt Lake City, UT 84106 - (801) 412-6800
- Visit Site
Other Services by CIT Bank
View all cd accounts offered by CIT Bank
Availability
Available in 50 states and Washington, D.C.
- 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
Would you recommend CIT Bank Term CD to your friends?
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