CIT Bank CDs Review
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CIT Bank is the primary banking subsidiary of the CIT Group, a financial holding company founded in 1908 and based in Pasadena, California. The bank offers both consumer and commercial banking solutions, including general banking services, real estate finance, business capital, and more. CIT's selection of personal banking alternatives focuses on high-yield savings products.
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Our Partner
- Earn APY* with CIT's No-Penalty CD
- Term: 11 months
- Min. deposit required: $1,000
* APY as of
*For a complete list of account details and fees, see our Personal Account disclosures
*Annual Percentage Yield is accurate as of November 20, 2025. $1,000 minimum to open the account. With a No-Penalty CD, you may withdraw the total balance and interest earned, without penalty, beginning 7 days after funds have been received for your CD. No withdrawals are permitted during the first 6 days following the receipt of funds.
