CIT Bank Jumbo CDs
Min. opening deposit
- Open to everyone. There are no membership requirements to open a CD with CIT Bank.
- Interest compounds daily. Unlike many other institutions that offer jumbo CDs with interest that compounds monthly, interest on CIT's CDs compounds daily.
- No terms under 2 years. CIT Bank doesn't offer any CDs with terms shorter than 24 months.
- Online only. CIT is an online bank and doesn't have any physical branches.