APY Ledger

CIT Bank CD Rates — October 2026

Also known as CIT.

As of October 22, 2026, CIT Bank's highest CD rate is 4.00% APY on a 12-month CD ($1,000 minimum). That is 2.3 times the FDIC national average for 12-month CDs (1.76%). Standard CD rates range from 0.40% to 4.00% APY.

Last verified from www.cit.com · FDIC-insured bank · Raleigh, NC

Tracking began .

Best APY4.00%12 months, $1,000 min
vs. Treasury−0.57%same-term Treasury 4.57%
vs. national average2.3×FDIC national average 1.76%
After inflation0.26%CPI 3.7% year over year
$10,000 earns$400over 12 months, before tax

CIT Bank CD rates

Available online to U.S. residents in every state. CIT Bank is a division of First-Citizens Bank & Trust Company.

CIT Bank CD rates
TermProductMinimumAPYvs. Treasury
6 months 6-Month Term CD $1,000 3.75%Verified October 22, 2026 −0.65%
11 months No-Penalty CD / 11-Month $1,000 3.90%Verified October 22, 2026 −0.64%
12 months 1-Year Term CD $1,000 4.00%Verified October 22, 2026 −0.57%
13 months 13-Month Term CD $1,000 3.25%Verified October 22, 2026 −1.35%
18 months 18-Month Term CD $1,000 2.75%Verified October 22, 2026 −1.97%
24 months 2-Year Term CD $1,000 0.40%Verified October 22, 2026 −4.47%
24 months 2-Year Jumbo CD $100,000 0.40%Verified October 22, 2026 −4.47%
36 months 3-Year Term CD $1,000 0.40%Verified October 22, 2026 −4.55%
36 months 3-Year Jumbo CD $100,000 0.40%Verified October 22, 2026 −4.55%
48 months 4-Year Term CD $1,000 0.50%Verified October 22, 2026 −4.48%
48 months 4-Year Jumbo CD $100,000 0.50%Verified October 22, 2026 −4.48%
60 months 5-Year Term CD $1,000 0.50%Verified October 22, 2026 −4.51%
60 months 5-Year Jumbo CD $100,000 0.50%Verified October 22, 2026 −4.51%

APY = annual percentage yield. "vs. Treasury" compares each APY with the Treasury yield for the same term on 2026-10-21 (converted to APY). Treasury interest is exempt from state income tax; see the T-bill vs. CD calculator.

What are CIT Bank's best CD rates by term?

CIT Bank's best rate is 4.00% APY on 12 months, verified October 22, 2026.

  1. 6 mo3.75%
  2. 11 mo3.90%
  3. 12 mo4.00%
  4. 13 mo3.25%
  5. 18 mo2.75%
  6. 24 mo0.40%
  7. 36 mo0.40%
  8. 48 mo0.50%
  9. 60 mo0.50%

Calculate earnings at 4.00% for 12 months

How CIT Bank compares

Rate changes

No changes since we started tracking CIT Bank on October 22, 2026.

About CIT Bank

Legal name
First-Citizens Bank & Trust Company
Regulator ID
FDIC 11063
Headquarters
Raleigh, NC
Available in
All states (online)
Total assets
$236.3 billion
Also known as
CIT
Website
www.cit.com

Source: rates read from https://www.cit.com/cit-bank/resources/products-and-rates. See the page text we read.

Frequently asked questions

What is the highest CD rate at CIT Bank?

4.00% APY on a 12-month CD, as of October 22, 2026.

What is the minimum deposit for a CIT Bank CD?

The lowest minimum we found is $1,000; jumbo and higher balance tiers start at up to $100,000.

How does CIT Bank's best CD rate compare with Treasury yields?

4.00% APY is −0.57% versus the 12-month Treasury yield of 4.57% (APY-equivalent) on 2026-10-21. Treasury interest is also exempt from state income tax.

Is 4.00% a good CD rate?

It is 2.3 times the FDIC national average for a similar term (1.76% as of 2026-10-19), which is a deposit-weighted average across all U.S. banks and credit unions. Online banks and promotional CDs often pay several times the national average.

Are CIT Bank CDs insured?

CIT Bank is an FDIC-insured bank (FDIC 11063). Deposits are insured up to $250,000 per depositor, per ownership category.

How often is this page updated?

We check CIT Bank's rate page every day. The rates above were last verified on October 22, 2026.

More bank CD rates

Rates are copied from CIT Bank's website and may change at any time. Confirm terms, minimums and eligibility with CIT Bank before opening an account. This page is not financial advice.