Open an account
Product
Term
APY
Minimum opening deposit
Money Market
1.85%
Opening - $100
Savings Builder
1.14%
Opening: $100
Daily: <$25,000
Savings Builder
2.15%
Opening: $100
Daily: <$25,000 but with monthly deposit of $100 or more
Savings Builder
2.15%
Opening: $100
Daily: ≥$25,000
Premier High Yield Savings
1.55%
Opening - $100
No Penalty CD11-Month2.05%$1,000
Term CD6-Month0.72%$1,000
Term CD1-Year2.20%$1,000
Term CD13-Month2.25%$1,000
Term CD18-Month2.50%$1,000
Term CD2-Year1.40%$1,000
Term CD3-Year1.30%$1,000
Term CD4-Year1.50%$1,000
Term CD5-Year1.70%$1,000
Jumbo CD2-Year1.45%$100,000
Jumbo CD3-Year1.40%$100,000
Jumbo CD4-Year1.60%$100,000
Jumbo CD5-Year1.75%$100,000
1-Month5.49%
1-Month9.9%
Money Market
APY**
1.85
Minimum opening deposit
$100
Available as IRA
No

Open

Tier 1 Savings Builder
APY**
1.14
Minimum opening deposit
$100
Available as IRA
No

Open

Tier 2 Savings Builder
APY**
2.15
Minimum opening deposit
$100
Available as IRA
No

Open

Tier 3 Savings Builder
APY**
2.15
Minimum opening deposit
$100
Available as IRA
No

Open

Premier High Yield Savings
APY**
1.55
Minimum opening deposit
$100
Available as IRA
No

Open

11-Month No Penalty CD
APY**
2.05
Minimum opening deposit
$1,000
Available as IRA
No

Open

6-Month Term CD
APY**
0.72
Minimum opening deposit
$1,000
Available as IRA
No

Open

1-Year Term CD
APY**
2.20
Minimum opening deposit
$1,000
Available as IRA
No

Open

13-Month Term CD
APY**
2.25
Minimum opening deposit
$1,000
Available as IRA
No

Open

18-Month Term CD
APY**
2.50
Minimum opening deposit
$1,000
Available as IRA
No

Open

2-Year Term CD
APY**
1.40
Minimum opening deposit
$1,000
Available as IRA
No

Open

3-Year Term CD
APY**
1.30
Minimum opening deposit
$1,000
Available as IRA
No

Open

4-Year Term CD
APY**
1.50
Minimum opening deposit
$1,000
Available as IRA
No

Open

5-Year Term CD
APY**
1.70
Minimum opening deposit
$1,000
Available as IRA
No

Open

2-Year Jumbo CD
APY**
1.45
Minimum opening deposit
$100,000
Available as IRA
No

Open

3-Year Jumbo CD
APY**
1.40
Minimum opening deposit
$100,000
Available as IRA
No

Open

4-Year Jumbo CD
APY**
1.60
Minimum opening deposit
$100,000
Available as IRA
No

Open

5-Year Jumbo CD
APY**
1.75
Minimum opening deposit
$100,000
Available as IRA
No

Open

1-Month
APY**
5.49
Minimum opening deposit
Available as IRA
No

Open

1-Month
APY**
9.9
Minimum opening deposit
Available as IRA
No

Open

Spring Savings

Get high-yield rates to help you reach your savings goals.

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Earn up to% APY
Term CDs

A selection of terms, all with a low minimum deposit.

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Earn up to% APY
Jumbo CDs

Earn higher rates on bigger deposits.

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Earn up to% APY
Money Market

With a CIT Bank high-yield Money Market account you’ll build your savings faster while maintaining convenient access to your funds. Learn more. Member FDIC.

Learn more
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Custodial Accounts (UTMA)


Custodial Accounts at CIT Bank

Savings for minors. Benefits for all.

Up to % APY*
Available accounts
Overview

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. 

  • As 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 more.
  • Part of the earnings may be free of federal taxes
  • There 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
  • All CIT Bank products can be set up as custodial accounts under the Uniform Transfers to Minors Act
Selected products ()
Product
APY**
Minimum balances
Available as IRA
Available as Custodial
APY**
Minimum balances
Available as IRA
Available as Custodial