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CD LADDERING

Enjoy more flexibility from your savings strategy.

With CD laddering, you'll get the short-term access you need with the higher rates from longer-term CDs you want. For this example, we've divided your investment among 1-, 2-, and 3-Year Term CDs, so you'll enjoy access to a portion of your funds every year.

CIT Bank CD laddering infographic
CIT Bank CD laddering infographic

Why laddering?

Short-term
access to funds

By staggering CD terms, you'll always have one CD close to maturity. Which means you'll always have access to your funds for the unexpected.

CDs earn
higher rates

CDs traditionally earn higher rates than standard savings accounts. And by reinvesting your funds back into your CD ladder, you'll benefit from higher CD rates on longer terms.

Safe and secure
strategy

CDs offer a fixed rate. Plus, they're FDIC insured for added peace of mind.

Selected products ()
Product
APY**
Minimum balances
Available as IRA
Available as Custodial
APY**
Minimum balances
Available as IRA
Available as Custodial