For more than a century, CIT Group has been a leader in commercial financing, lending, and insurance. Now, CIT Bank is putting that experience to work for consumers like you.
Continuing the tradition of innovation and service, CIT Bank offers a selection of products designed to help you reach your financial goals. So whether you’re saving for a new home, retirement or just looking for ways to make your money work harder, let us help you feel more confident in your tomorrow.
Take advantage of award-winning rates with a CIT Bank Certificate of Deposit (CD).
RampUp™ — have the option to adjust your rate once during the term of your CD should our rates go up.2
See how flexible CDs can be
RampUp™ Plus — have the option to adjust your rate once if our rates go up, plus add to your deposit once during the term of your CD.2
Explore our most flexible CDs
Term — choose how long and how much you’d like to save and let us do the rest.
Check our terms and rates
Jumbo — put larger deposits to work for you with premium rates.
See how much you could earn today
HIGH YIELD SAVINGS
Let us help you reach your savings goals quickly and easily. With CIT Bank High Yield Savings, you’ll enjoy a premium rate, without premium fees.
View the latest rate on a CIT Bank High Yield Savings account
It’s never too early to start saving for your retirement. Individual Retirement Accounts (IRAs) let you grow your money tax-deferred or tax-free depending on whether you choose a Traditional or Roth IRA.*
Get one step closer to retirement with a CIT Bank IRA
CUSTODIAL ACCOUNTS (UTMA)
Help give a child in your life a strong financial future by opening a custodial account (UTMA) in their name. It’s the perfect way to help pay for education, a first car, and so much more.
Set up a child in your life, open a custodial account (UTMA)
*Consult with your tax advisor before choosing an IRA.
(1) All CIT Bank CDs and Savings products can be set up as custodial accounts under the Uniform Transfers to Minors Act.
(2) Effective June 1, 2015, all new or renewed RampUp™ and RampUp™ Plus CDs will be subject to a rate cap that will limit the optional increase of the initial APY to twice the amount of the initial APY, less 0.05%.
CIT Bank, N.A. is a member of the Federal Deposit Insurance Corporation (FDIC).
CIT Bank, N.A. and OneWest Bank, a division of CIT Bank, N.A. are the same FDIC-insured institution. Deposits held under each name are not separately insured, but are combined to determine whether a depositor has exceeded the $250,000 federal deposit insurance limit, per depositor for each account ownership category. For purposes of calculating aggregate deposits held in CIT Bank, N.A., you should include deposits held in OneWest Bank, a division of CIT Bank, N.A.
CIT Bank High Yield Savings rate may change after the account is opened.
APY — Annual Percentage Yield is accurate as of January 26, 2016.
CDs may be subject to an early withdrawal penalty, which may reduce earnings.