Commercial Investment Trust

2180 S 1300 East, Suite 250
Salt Lake City, Utah 84106

2018 Overview

General Online Bank Information

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
Money that you deposit is held by CIT Bank. CIT Bank is an FDIC insured institution founded in 2000. It has approximately $21.90 billion in assets.

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.

Deposit Rates - October 15, 2018

Online CD Rates APY MIN MAX
11 Month No Penalty CD
2.05% $1,000 - Learn MoreShow Less

Bank Offers

CIT Has New Savings Rate for Accounts over $25,000
Oct 5, 2018

CIT has raised its online savings rate to 2.15% today.  The new rate is a savings account rate whereas existing customers are in a money market account.   Those customers with a money market account with over $25,000 may be able to convert to the higher rate.


Customer Reviews for Commercial Investment Trust


  • Call Center Staff

    August 18, 2018 |

    Online Savings Rates

    The website is not crisp and the call center staff is focused on "upselling" CDs. Otherwise, a good experience.

  • Timothy D

    August 14, 2018 |

    Online CDs 12 Month Rates

    I received a request to be part of a 1 hour focus group with Hamesh about my experience with CIT on Monday night at 8 PM. Was told to log in 10 minutes beforehand and that I would receive $100 for 1 hr of my time. Then received several follow-on reminders. When I logged in, I received a nasty message telling me that I was too late. I will be ending my association with these clowns as soon as my CD comes due.

  • 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.

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