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**