2180 S 1300 East, Suite 250
Salt Lake City, Utah 84106
| Deposits FDIC Insured | Yes |
| Insured Bank | CIT Bank |
| FDIC Certificate # | 35575 |
| Date Established | 2000 |
| Assets | $21.46 billion |
| Loans | $14.88 billion |
| Deposits | $16.81 billion |
| Capital | $2.75 billion |
For a more detailed analysis of CIT Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.
| Online Savings and Money Market Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings Builder
|
2.25% | $100 | - | Learn More |
| Online CD Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| 11 Month No Penalty CD
|
2.05% | $1,000 | - | Learn More |
| 12 Month Term CD
|
2.20% | $1,000 | - | Learn More |
| 13 Month CD
|
2.25% | $1,000 | - | Learn More |
| 18 Month CD
|
2.50% | $1,000 | - | Learn More |
| 24 Month Term CD
|
1.40% | $1,000 | - | Learn More |
| 36 Month Jumbo CD
|
1.40% | $1,000 | - | Learn More |
| 48 Month Jumbo CD
|
1.60% | $1,000 | - | Learn More |
| 60 Month Jumbo CD
|
1.75% | $1,000 | - | Learn More |
CIT has raised its online savings rate to 2.15% today for accounts over $25,000 or for accounts over $100 so long as you also transfer in $100 each month. Those customers already in CIT money market accounts may be able to convert to this new rate.
CIT Bank has raised the rate on its Savings Builder account to 2.25%. In order to get this rate, depositors must either (a) maintain a $25,000 account balance, or (b) maintain a $100 balance and deposit at least $100 in each monthly observation period. BestCashCow has rated CIT Bank as a Best Bet for 2019 (read more here).
Featured on:
Copyright © 2018 BestCashCow.com, LLC. All Rights Reserved. Privacy Policy
Disclosure Governing Your Use of this Website |
Advertising Disclosure |
Last Update on December 18, 2018
This page was created in 0.1107 seconds.
Customer Reviews for CIT Bank
Call Center Staff
August 18, 2018 |
The website is not crisp and the call center staff is focused on "upselling" CDs. Otherwise, a good experience.
Is this review helpful? Yes:0 / No: 0
mrcasella
July 13, 2018 |
CD rates good-but website is dated and could not transfer funds from savings to new cd. Holding period is too long. Site needs drastic improvement-see ALLY Bank.
Is this review helpful? Yes:1 / No: 0
JB Steele
May 28, 2018 |
Customer for many years and I have only had good experiences. If money market is higher than savings, a 2 minute phone call gets you into the higher account. They used to have great CDs too, and I wish they would offer those again.
Is this review helpful? Yes:0 / No: 0
Add Your Review