CIT Bank
High Yield Savings
A CIT Bank savings account helps you get more from your savings with interest rates for maximum growth. Our savings products have different features and rates to fit your financial needs.
Platinum Savings
Planning on holding higher balances in your savings account? Platinum Savings rewards you for your balances of $5,000 and more with a higher APY.
Minimum opening deposit: $100
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Earn 9x the national savings average Scroll to disclosure: 5
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Earn 3.75% APY on balances $5,000 and more or 0.25% APY on balances under $5,000
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Daily compounding interest
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Use the CIT Bank mobile app to deposit checks and transfer funds
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No account opening or maintenance fees
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FDIC insured
Savings Connect
Get a competitive rate with a Savings Connect account and the benefits of easy access to your funds. There is no minimum account balance required to earn a competitive APY.
Minimum opening deposit: $100
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Earn 9x the national savings average Scroll to disclosure: 5
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Deposit checks remotely and make transfers with the CIT Bank mobile app
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No account opening or maintenance fees
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Daily compounding interest to maximize your earning potential
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FDIC insured
Money Market
Your hard-earned money deserves a hard-working bank. Reach your savings goals with a high-yield Money Market account.
Minimum opening deposit: $100
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Earn over 2x the national average Scroll to disclosure: 5
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Quick and easy access to funds
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No monthly service fees
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24/7 secure & award-winning banking
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Use Zelle® to send money to and receive money from your friends and family and others you trust. Scroll to disclosure: 6
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FDIC insured
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Deposit checks remotely and make transfers with the CIT Bank mobile app
Savings Builder
Need help establishing a consistent savings habit? Savings Builder tracks your savings and rewards you with a higher interest rate as you develop a consistent savings habit.
Minimum opening deposit: $100
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Get 0.995% interest rate from the day the account is opened through the first Evaluation Day
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Continue earning up to 1.00% APY by:
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Maintaining a balance of $25,000 or more OR
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Making at least one monthly deposit of $100 or more
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Deposit checks remotely and make transfers with the CIT Bank mobile app
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Daily compounding interest to maximize your earning potential
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FDIC insured
Savings Builder is a tiered interest rate account. Tier levels are subject to change without notice. Interest rates and Annual Percentage Yields (APYs) are variable and may change without notice. Minimum to open account is $100. Fees could reduce earnings on the account.
Interest Tiers
*APY assumes the account is opened on the 15th day of the month and no qualifying deposits of $100 are made following account opening. Actual APY may be greater or less depending on the date the account is opened.
**Interest Rate is 0.995% during the Introductory Period and 0.250% thereafter.
***APY assumes additional qualifying deposits are made each Evaluation Period.
Visit our Savings Builder page for complete terms and conditions.
Take a look at our complete range of products and rates
First Citizens Bank and Trust Company (FCB) is a member of the Federal Deposit Insurance Corporation (FDIC). This means your deposits are insured up to $250,000 per depositor, for each account ownership category. Deposits held under the names of First-Citizens Bank and Trust Company and all banks which are a division of FCB are not separately insured. Deposits from each of these banks must be combined for purposes of determining whether a depositor has exceeded the federal insurance deposit limit.