Open an account
Term
APY
Minimum opening deposit
Available as IRA
Available as Custodial
11-Month
%
$1,000
No
Yes
11-Month No Penalty CD
APY**
1.55
Minimum opening deposit
$1,000
Available as IRA
No
Available aas Custodial
Yes

Open

Premier High Yield Savings

Get high yield rates with no fees to reach your savings goals faster.

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Earn up to% APY
RampUp™ Plus CDs

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.

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Earn up to% APY
RampUp™ CDs

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.

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Earn up to% APY
Jumbo CDs

Earn higher rates on bigger deposits.

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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
Custodial Accounts (UTMA)

Save money for a child’s future.

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Earn up to% APY
0

No-Penalty CD


NoPenalty

Security and flexibility with access to funds.

Up to% APY*
Rates
Overview

With a CIT Bank No-Penalty CD, you get the security of an 11-month CD and know you can withdraw the total balance and interest earned without penalty seven days or later after funds have been received. No withdrawals permitted during the first six days after receipt of funds. 

  • Minimum deposit of $1,000
  • You may withdraw the total balance and interest earned, without penalty, beginning seven days after funds have been received for your CD. No withdrawals are permitted during the first six days following the receipt of funds
  • No account opening or maintenance fees
  • Daily compounding interest to maximize your earning potential
  • FDIC insured**
Other products
Selected products ()
Product
APY**
Minimum balances
Available as IRA
Available as Custodial
APY**
Minimum balances
Available as IRA
Available as Custodial