July 27, 2019 12:00 PM PT

CIT Bank Locations

Read more about CIT Bank
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CIT Bank is an online only bank with no physical branches. Find out how to manage your account, reach customer service, and the bank's current offers.

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CIT Bank Locations

CIT is an online bank based in Southern California. There is only one physical location at their headquarters in Pasadena:

75 North Fair Oaks Ave
Pasadena, CA 91103

However, this is only their headquarters' office. It's not a place where you can walk in, open accounts, or do banking business.

CIT Bank also does not have an ATM network. So you will not be able to withdraw money at ATMs.

Is CIT Bank the same as OneWest Bank?
CIT Group acquired OneWest Bank in 2015, which is a regional bank based in Southern California with over 60 branches. However, CIT Bank is online only and separate from OneWest Bank. You cannot perform any CIT banking operations at OneWest locations.

CIT Customer Service Number & Hours

New and existing CIT customers can call to speak to representatives at:

855-462-2652 (within U.S.)
626-535-8964 (outside U.S.—toll call)

You can reach representatives at these hours:

Monday - Friday: 9:00 am - 9:00 pm (ET)
Saturday: 10:00 am - 6:00 pm (ET)
Sunday: Closed

For home loan questions, the phone number is 800-217-6629 from Monday to Friday, 9:00 am - 8:00 pm (ET).

If you're a new customer and have questions about opening an account, this is the only way to reach CIT. CIT does not offer a contact email or live chat for new customers.

Other Ways to Contact CIT

Here are some other ways to contact CIT and manage your account:

  • Online and Mobile Banking
    Existing customers can send CIT secure emails through their online account. Online and mobile banking is available 24/7.

  • Automated Phone Line
    Existing customers can check their account balance anytime via CIT's automated phone service at 855-462-2652.

  • Mail In
    Banking forms and checks can be mailed to:

    CIT Bank, N.A.
    P.O. Box 7056
    Pasadena, CA 91109-9699

  • Email Forms
    You can also email banking forms to bankingforms@cit.com.

  • Fax
    CIT's fax number is 866-914-1578.

How to Open a CIT Account

All CIT accounts must be opened online. It takes just a few minutes.

  1. Start here to open a new account.

  2. Provide your name, address, phone, email, and Social Security number (or other taxpayer ID).

  3. Fund your account via electronic transfer from a linked checking or savings account, bank wire, or mail-in check.

CIT's routing number is 124084834.

About CIT Bank

Based in Southern California, CIT Bank is the online bank of CIT Group Inc., a financial holding company with over 100 years in business. Because it's online only, it can save on operating costs and offer customers higher interest rates and lower fees.

CIT Bank only offers online bank products. This includes checking, savings accounts, money market, and CDs.

It also offers home loans, as well as commercial banking and financing to small businesses.

Pros & Cons of Banking with CIT

Pros

  • High interest rates, particularly for the Savings Builder account
  • No monthly service fees on any of CIT's accounts
  • Low opening deposits ($100 for savings accounts and $1,000 for CDs)
  • Minimal banking fees

Cons

  • No physical locations
  • No check writing from the checking account
  • CD rates not the highest
  • May experience long wait times on the phone

CIT Bank Current Offers

CIT Bank Money Market Account - 0.45% APY

  • 0.45% APY
  • $100 minimum opening deposit
  • No monthly maintenance fee
  • FDIC insured

CIT Bank Savings Connect (Savings + Checking)

  • Earn a competitive high yield savings rate with access and convenience features of an eChecking account.
  • Earn up to 0.50% APY on Savings Connect and 0.25% APY on eChecking.
  • Savings Connect is a tiered interest rate account dependent on the account holder opening a linked qualifying eChecking concurrently and makes periodic qualifying deposits.
    • Base Tier: (0.40% APY, 0.399% Interest Rate) A minimum qualifying deposit of $200 is not deposited each month into the linked eChecking or the eChecking account is closed.
    • Upper Tier: (0.50% APY, 0.499% Interest Rate) A qualifying deposit of $200 or more is deposited into the linked eChecking account each month.
    • APY assumes a qualifying deposit of $200 or more is made to the linked eChecking account each month.
  • Minimum of $100 for both the Savings Connect and eChecking to open ($200 total).

CIT Bank Term CDs

  • Up to 0.50% APY
  • $1,000 minimum opening deposit
  • No monthly maintenance fee
  • FDIC insured
TermCD Rates
6 Month0.30% APY
1 Year0.30% APY
13 Month0.30% APY
18 Month0.30% APY
2 Year0.40% APY
3 Year0.40% APY
4 Year0.50% APY
5 Year0.50% APY

CIT Savings Builder - Earn 0.40% APY

Earn up to 0.40% APY. Here's how it works: Maintain a minimum balance of $25k OR make at least a $100 minimum deposit every month. Member FDIC

CIT Bank No Penalty CD

  • 0.30% APY
  • Option to withdraw full balance and interest after 7 days of CD funding date
  • $1,000 minimum to open an account
  • 11 months
  • No monthly maintenance fee
  • FDIC insured

CIT Bank Jumbo CDs

  • Up to 0.50% APY
  • $100,000 minimum opening deposit
  • No monthly maintenance fee
  • FDIC insured
TermCD Rates
2 Year0.40% APY
3 Year0.40% APY
4 Year0.50% APY
5 Year0.50% APY

CIT Bank eChecking

  • Earn 0.25% APY with $25,000 minimum balance
  • Earn 0.10% APY on balances under $25,000
  • Deposit of $100 minimum to open an account
  • Debit card
  • Monthly ATM fee reimbursement (up to $30 per statement cycle)
  • FDIC insured

CIT Bank Money Market Account

  • Earn over 7x the national average
  • New customers can apply online with a minimum of $100 to open an account
  • Fund the account with electronic transfer, mail in check, or wire transfer
  • No monthly service fees
  • Deposit checks remotely and make transfers with the CIT Bank mobile app
  • FDIC insured

Earn 7.5x National Average

Save smart and earn 0.45% APY at CIT Bank, a CreditDonkey recommended partner.

Mobile Banking App

  • Take a picture of your check and deposit it to your eChecking, Savings or Money Market accounts.
  • Move funds between your CIT Bank accounts.
  • Make transfers to and from your CIT Bank accounts and accounts at other institutions.
  • Check account balances and transaction history.
  • View and download statements.

Bottom Line

CIT Bank offers competitive interest rates with relatively low opening requirements. It is a good place for savings if you can deal with some inconveniences, like not having physical branches or ATMs for withdrawal.

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Read Next:

CIT Bank Review

CIT Bank Savings Review

Who is CIT Bank

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About CIT Bank Promotions

CIT Bank offers some of the highest interest rates on the market. It is an online-only bank. Because there is no overhead typical of brick-and-mortar banks, CIT can pass the savings to customers in forms of higher yield.

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