About CIT Bank
CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender).
Our Take
CIT is a leading provider of certificates of deposit (CDs) due in large part to its reputation, ease of purchase, and industry-competitive interest rates.
Backed by CIT Group Inc. (NYSE: CIT), there are no concerns about the legitimacy of this product. Furthermore, when you buy a high APY yield 11 month term CD from CIT you gain access to the following benefits:
- Daily compounding interest to maximize your earning potential
- 4.90% yield
- FDIC insured
There’s only a $1,000 minimum to purchase a CIT 11 month term CD, making it a good fit for most buyers. Add this to the ability to complete the process online and it’s easy to take action when you’re ready.
Terms and Conditions
* APY — With a No-Penalty CD, you may withdraw the total balance and interest earned, without penalty, beginning 7 days after funds have been received for your CD. No withdrawals are permitted during the first 6 days following the receipt of funds.
Availability
Available nationwideContact CIT Bank
Customer Service: 1 (855) 462-2652
Fraud, Disputes & Related Issues: 1 (855) 462-2652
