Related Topics: CIT Bank
Most U.S. banks offer next to nothing on interest earnings for savings accounts these days. How to grow savings in the era of low interest rates? If you are unhappy with slow earnings on bank savings accounts, you should consider looking for a better alternative. You can grow your money at a better pace with CIT Bank for reasonable return on your savings. CIT offers FDIC-insured high yield savings accounts with a 1.80% annual interest. It can be your choice of savings deposits so that you won't lose your hard-earned money to inflation.
CIT Bank is a U.S.-based bank with over 100 years of history. It has approximately $50 billion in assets and more than $30 billion of deposits. It is a public company listed on the New York Stock Exchange. CIT Bank offers high-yield savings and CD accounts. New customers in any part of the United States can open and then manage their CIT Bank savings accounts online. Deposits and withdrawals can be managed via inter-bank electronic transfers, checks, or wire transfers. CIT Bank provides FDIC (Federal Deposit Insurance Corporation) insurance on all bank accounts.