CIT Bank CD Rates Remain Stable: 1 Year Rates at 1.07%
CIT Bank has kept their CD rates very competitive since last October when we last reported on their rates. Back in October of 2011, CIT Bank's Achiever CD rates on 1 year certificates of deposit were paying 1.14% with an APY of 1.15%.
Current CIT Bank 1 year bank CD rates are slightly lower at 1.07% with an APY of 1.08%. The minimum opening account balance on the Achiever CD is $25,000. That rate is one of the best CD rates around on a 1 year CD.
CIT Bank is also offering their Term CDs if you don't have $25,000 to invest in a CD right now. The 1 year Term CD rates are at 1.05% with an APY of 1.06%, only slightly lower than the Achiever CD rate of 1.07%.
Here is a complete list of Current Term CD rates:
Have more than $25,00o to invest? CIT Bank is also offering jumbo CDs. Current 23 month jumbo bank CD rates are at 1.26% with an APY of 1.27%. 36 month jumbo CD rates are at 1.47% with an APY of 1.48%.
The bank is headquartered in Salt Lake City, Utah. CIT Bank has been FDIC insured since 2000 and the bank's FDIC Cert number is 35575.
For more information about CIT Bank and a list of current CD rates at the bank go to bankoncit.com. For a complete list of CD rates from many different banks and credit unions search our CD rate table here: Highest CD Rates.
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