CIT Bank Locations
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.
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.)
626-535-8965 (outside U.S.—toll call)
You can reach representatives at these hours:
- Monday to Friday: 8:00 am - 9:00 pm (ET)
- Saturday: 9:00 am - 5:00 pm (ET)
- Sunday: 11:00 am - 4:00 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.
- Start here to open a new account.
- Provide your name, address, phone, email, and Social Security number (or other taxpayer ID).
Related: CIT Bank Promo Code
- Fund your account via electronic transfer from a linked checking or savings account, bank wire, or mail-in check.
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
- 1.80% APY
- $100 minimum opening deposit
- No monthly maintenance fee
- FDIC insured
- Up to 1.86% APY
- $1,000 minimum opening deposit
- No monthly maintenance fee
- FDIC insured
- Daily compounding interest
- 1.70% APY
- Option to withdraw full balance and interest after 7 days of CD funding date
- $1,000 minimum opening deposit
- 11 months
- No monthly maintenance fee
- FDIC insured
- Daily compounding interest
- Up to 1.75% APY
- $100,000 minimum opening deposit
- No monthly maintenance fee
- FDIC insured
- Daily compounding interest
CIT Bank Bonus Offer: $300 for New and Existing Customers
CIT Bank now offers up to $300 cash bonus for new and existing CIT Savings Builder customers. This limited time promotion expires May 30, 2020. Conditions apply.
CIT Savings Builder - Earn 1.75% APY
Earn up to 1.75% 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 Savings Builder - $300 Cash Bonus
Open a Savings Builder account with a minimum of $100 and enter the promo code, Spring20. Fund your new account within 15 calendar days of the open date and meet one of the minimum balance requirements. Deposit $25,000 to $49,999 for $150 bonus or $50,000+ for $300 bonus. Maintain the minimum balance for 90 calendar days.
CIT Savings Builder - $150 Cash Bonus
Open a Savings Builder account with a minimum of $100 and enter the promo code, Spring20. Fund your new account within 15 calendar days of the open date and meet one of the minimum balance requirements. Deposit $25,000 to $49,999 for $150 bonus or $50,000+ for $300 bonus. Maintain the minimum balance for 90 calendar days.
$300 Cash Bonus for Existing CIT Customers
Existing CIT Bank customers can earn a $150 or $300 bonus.
Here's how it works: Enroll in the Savings Builder Bonus promotion. Add funds within 15 calendar days with new money. Deposit $25,000 to $49,999 for $150 bonus or $50,000+ for $300 bonus. Maintain the minimum balance requirement for the desired bonus for 30 calendar days. An existing customer must have a valid CIT Bank User ID that was created prior to February 19, 2020. Existing customers enrolled in a Savings Builder bonus promotion prior to January 17, 2020 are not eligible for this promotion.
$150 Cash Bonus for Existing CIT Customers
Existing CIT Bank customers can earn a $150 or $300 bonus.
Here's how it works: Enroll in the Savings Builder Bonus promotion. Add funds within 15 calendar days with new money. Deposit $25,000 to $49,999 for $150 bonus or $50,000+ for $300 bonus. Maintain the minimum balance requirement for the desired bonus for 30 calendar days. An existing customer must have a valid CIT Bank User ID that was created prior to February 19, 2020. Existing customers enrolled in a Savings Builder bonus promotion prior to January 17, 2020 are not eligible for this promotion.
CIT Bank Money Market Account - 1.80% APY
CIT Bank Term CDs
| Term | CD Rates |
|---|---|
| 6 Month | 0.72% APY |
| 1 Year | 1.86% APY |
| 13 Month | 1.82% APY |
| 18 Month | 1.85% APY |
| 2 Year | 1.40% APY |
| 3 Year | 1.30% APY |
| 4 Year | 1.50% APY |
| 5 Year | 1.70% APY |
CIT Bank No Penalty CD
CIT Bank Jumbo CDs
| Term | CD Rates |
|---|---|
| 2 Year | 1.45% APY |
| 3 Year | 1.40% APY |
| 4 Year | 1.60% APY |
| 5 Year | 1.75% APY |
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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