CIT Bank No-Penalty CD

  • Open a No-Penalty 11-Month CD account and get 3.50% APY.
  • Lock in a great rate for 11 months. If you need your funds prior to the maturity date, you can withdraw your money - including any interest earned - beginning seven days after the funds have been received. No penalty. No problem.
  • $1,000 minimum opening deposit
  • No withdrawals are permitted during the first 6 days following the receipt of funds.
  • Daily compounding interest
  • No service fees
  • Your CIT Bank account is FDIC insured, which means it's secure
  • CIT Bank is a division of First-Citizens Bank & Trust Company which is a member of the Federal Deposit Insurance Corporation (FDIC) which means your deposit accounts are insured up to $250,000 per depositor, for each account ownership category.

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