CIT Bank, a division of First-Citizens Bank and Trust
For information concerning First-Citizens Bank & Trust Company parent bank, please click here .
Phone: 888 323 4732
Online Rates - February 01, 2026
Your current location is: New York City, NY
| SAVINGS RATES | APY | MIN | |
|---|---|---|---|
|
Savings
|
3.75% | $5,000 | Compare |
| CD RATES | APY | MIN | |
|---|---|---|---|
|
6 Mo CD
|
3.75% | $1,000 | Compare |
|
11 Mo CD
|
3.75% | $1,000 | Compare |
|
12 Mo CD
|
0.30% | $1,000 | Compare |
|
13 Mo CD
|
3.25% | $1,000 | Compare |
|
18 Mo CD
|
2.75% | $1,000 | Compare |
|
24 Mo CD
|
0.40% | $1,000 | Compare |
|
36 Mo CD
|
0.40% | $1,000 | Compare |
|
48 Mo CD
|
0.50% | $1,000 | Compare |
|
60 Mo CD
|
0.50% | $1,000 | Compare |
| MONEY MARKET RATES | APY | MIN | |
|---|---|---|---|
|
Money Market
|
1.55% | $100 | Compare |
Money that you deposit is held by First-Citizens Bank & Trust Company. First-Citizens Bank & Trust Company is an FDIC insured institution founded in 1898. It has approximately $233.17 billion in assets.
Overview 2026
General Information of the Parent Bank
| FDIC Insured | Yes |
| Insured Parent Bank | First-Citizens Bank & Trust Company |
| FDIC Certificate | # 11063 |
| Date Established | 1898 |
| Assets | $233.17 billion |
| Loans | $143.22 billion |
| Deposits | $163.58 billion |
| Capital | $22.33 billion |
Customer Reviews for CIT Bank, a division of First-Citizens Bank and Trust (3)
Rated 3.00 stars out of 5 - based on 3 reviews
Savings Comparison
This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis."
PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES
Tax Rate: 30%
All calculations are for demonstration purposes only."
- 1ONLINE SAVINGSOnline Bank-$50,000N.A.3.75%16.74x (National Avg. - 0.22%)$5,000-SCENARIO
Year Rate
3.75%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,875 1,313 2 51,875 1,945 1,362 3 53,820 2,018 1,413 4 55,839 2,094 1,466 5 57,933 2,172 1,521 6 60,105 2,254 1,578 7 62,359 2,338 1,637 8 64,697 2,426 1,698 9 67,124 2,517 1,762 10 69,641 2,612 1,828 11 72,252 2,709 1,897 12 74,962 2,811 1,968 13 77,773 2,916 2,042 14 80,689 3,026 2,118 15 83,715 3,139 2,198 16 86,854 3,257 2,280 17 90,111 3,379 2,365 18 93,491 3,506 2,454 19 96,996 3,637 2,546 20 100,634 3,774 2,642 TOTAL $54,408 $38,085 - 2ONLINE SAVINGSBank-$50,000N.A.3.75%16.74x (National Avg. - 0.22%)$1,000-SCENARIO
Year Rate
3.75%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,875 1,313 2 51,875 1,945 1,362 3 53,820 2,018 1,413 4 55,839 2,094 1,466 5 57,933 2,172 1,521 6 60,105 2,254 1,578 7 62,359 2,338 1,637 8 64,697 2,426 1,698 9 67,124 2,517 1,762 10 69,641 2,612 1,828 11 72,252 2,709 1,897 12 74,962 2,811 1,968 13 77,773 2,916 2,042 14 80,689 3,026 2,118 15 83,715 3,139 2,198 16 86,854 3,257 2,280 17 90,111 3,379 2,365 18 93,491 3,506 2,454 19 96,996 3,637 2,546 20 100,634 3,774 2,642 TOTAL $54,408 $38,085
Something has changed
May 3, 2023 |
Something changed with CIT. They are offering a higher rate, but funding it by substantially increasing the hold times on transfers out and in. Marcus is terrible with the rates, but I can still get my money in and out fast. I thought CIT was always better. Now, less sure.
Review on the Parent BankWont open account
April 18, 2023 |
Sorry, we can not open account for you at this time. ????
Review on the Parent BankHoldtimes
October 13, 2022 |
I just banks by their hold times and this one is out of hand now. Fortunately, they do have a call back option (and they do call back much later). My prior experiences with the bank would lead to a 5-star rating, but I am giving it 4-stars because it does sometimes take hours (even with the call back).
Review on the Parent Bank