Please select a custodial product below:
Minimum opening deposit
|Jumbo CD||Up to 5 Years||Up to % APY||$100,000|
|RampUp Plus CD||1- and 2-Year||Up to % APY||$25,000|
|RampUp CD||3- and 4-Year||Up to % APY||$25,000 3-Year|
|Term CD||Up to 5 Years||Up to % APY||$1,000|
|Savings Account||N/A||% APY||$100|Spring SavingsEarn up to% APY
Get high-yield rates to help you reach your savings goals.
Term CDsEarn up to% APY
A selection of terms, all with a low minimum deposit.
CDsEarn up to% APY
Our most flexible CDs help protect you against market fluctuations. You’ll have the option to adjust your rate if our rates go up, plus you can add to your deposit once during the term of your CD.
RampUp™ CDsEarn up to% APY
Our flexible long-term CDs help protect you against market fluctuations. You’ll have the option to adjust your rate once during the term of your CD should our rates go up.
Jumbo CDsEarn up to% APY
Earn higher rates on bigger deposits.
CIT Bank Custodial Accounts (UTMA)
Start saving for a child in your life by opening an account in his
or her name today. You'll enjoy added tax benefits, and they'll have a head
start when they need it most.
See options & apply
Savings for minors. Benefits for all.
Up to% APY*
See rates & apply
FDIC insurance standard amount is $250,000 per depositor for each account ownership category.**
custodian, you control the account until the minor reaches age 18, unless a
later age is designated which may be up to 25 years of age. Please contact us
at 855-462-2652 to learn
- Part of the earnings may be free of federal taxes
is no maximum annual contribution limit and potential to not incur federal
gift taxes; please refer to: IRS Publication 559 for the Gift Tax Annual Exclusion amounts
- FDIC insured**
- Manage your
account and view statements online
- Easy account setup
CIT Bank products can be set up as custodial accounts under the Uniform
Transfers to Minors Act
* APY — Annual Percentage Yield is
accurate as of December 18, 2015. CIT Bank
Spring Savings rates may change after account is opened. CDs may be
subject to an early withdrawal penalty, which may reduce
** 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.
IRA accounts cannot be opened as CIT Bank Custodial Accounts.