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CIT Bank Lowers Savings Builder, Makes CD Rates Entirely Non-Competitive
Oct 1, 2019

CIT Bank has lowered its Savings Builder rate from 2.20% to 2.10% APY.   

It has also lowered all of its CD products.   Its 1-Year CD and its 18-Month CD had previously been competitive at 2.20% and 2.40%, respectively.   At 2.00% and 2.10%, they are not.   Its longer term CD products have not been rate competitive for some time.

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