CIT Bank

CIT Bank
Source: Reuters  

CIT Bank N.A. operates through its Internet bank BankOnCIT.com and through retail branches in Southern California. It is a FDIC insured institution offering savings accounts, certificates of deposit (CDs), small business lending and other services. The company was established in 2009 and operates as a subsidiary of CIT Group Inc. In August 2015, CIT Bank merged with OneWest Bank N.A.

As at December 31, 2016, it had total assets of $42.2 billion, loans of $28 billion, deposits of $32.4 billion, equity capital of $5.2 billion and over 3,650 employees.

Head office address:
888 E. Walnut Street
Pasadena, CA 91101
United States
Phone: 855-462-2652
FDIC Certificate Number: 58978
Routing Number: 124084834
Website: www.bankoncit.com, www.cit.com

CIT Bank Savings Account

  Rate Min to open Minimum daily balance
High Yield Savings 0.95% APY $100 $0

CIT Bank Term CDs

Term APY Min to open
6-Month 0.72% $1,000
1-Year 1.22% $1,000
2-Year 1.30% $1,000
3-Year 1.30% $1,000
4-Year 1.50% $1,000
5-Year 1.70% $1,000

CIT Bank Jumbo CD rates

Term APY Min to open
24 Month CD 1.35% $100,000
36 Month CD 1.40% $100,000
48 Month CD 1.60% $100,000
60 Month CD 1.75% $100,000

Rates at March 2017.