WebMar 30, 2024 · Yes, CIT Bank is a legitimate bank with the same rules and regulations as traditional banks. CIT is owned by First Citizens Bank, which has over 120 years of history. Your funds are FDIC insured ( FDIC# 11063) up to $250,000 per depositor, per ownership category in the event that CIT Bank fails. WebMar 31, 2024 · I have been banking with CIT Bank since May of this year. I was attracted to CIT Bank because of the high interest rate advertised for personal savings accounts. …
CIT Bank Platinum Savings Review: 4.75% APY (Nationwide)
Web1 day ago · Final Thoughts. In conclusion, CIT Bank is a trustworthy bank with several high-yield savings account options with no fees and competitive rates. Its eChecking also … WebDec 22, 2024 · Pros. " Good people" (in 77 reviews) "CIT offers good benefits including the 401 (k) plan match and tuition reimbursement." (in 51 reviews) Cons. "Constantly ask for more from the employees because of dysfunctional management decisions without proper recognition of the staff in terms of comp, benefits, hours or development." (in 37 reviews) five bedrooms season 3 usa
CIT Bank Review 2024 - Modest Money
WebMar 23, 2024 · CIT Bank is a "Top 50 U.S. Bank" seeking to provide online banking to consumers with lower fees and rates. From their phones or computers, consumers can easily access their accounts and conduct banking transactions. It is important to note that CIT Bank does not have any physical branch locations or ATMs that consumers can … Web1 day ago · Drawbacks of CIT Bank. Now let’s discuss a few downsides of CIT Bank: Minimum monthly balance requirements: Their competitive rate of up to 3.6% comes with a minimum monthly balance of $25,000 or a $100 monthly deposit. Minimum opening balance requirements: The Savings Builder account requires a $100 minimum deposit, while … WebSep 5, 2024 · 4.0. /5 NerdWallet rating. Monthly fee. $12.00. Waived with $1,500 minimum balance. At $12, the monthly fee for Simple Checking is on the high side, but you can get … five beeps