When it comes to finding the right bank that offers high-yield savings and cutting-edge digital banking, CIT Bank has remained a standout option for years. For 2025, we take an in-depth look at what CIT Bank brings to the table, how its recent updates propel it forward, and whether it’s the right fit for your banking needs. From expert-curated savings options to FDIC-insured security, here’s your all-inclusive CIT Bank guide.
Whether you’re ready to earn high interest on your savings, explore investment opportunities, or simply want to try digital banking done right, this comprehensive review covers everything you need to know.
What Is CIT Bank?
CIT Bank, a digital-first financial institution, has been a strong player in the online banking space for years. Now part of First Citizens Bank, it combines the stability of a well-established organization with the innovation of digital banking.
Though CIT doesn’t have a vast network of physical branches, its focus on online services ensures a seamless experience for tech-savvy users. For California residents, there are limited in-person locations, including a presence near Hermosa Beach.
Why it matters: With its merger complete, CIT Bank benefits from First Citizens Bank’s infrastructure, offering enhanced stability and security alongside FDIC insurance for deposits.
CIT Bank Products and Services in 2025
High-Yield Savings Accounts
CIT Bank has long been celebrated for its High-Yield Savings Accounts (HYSA), and 2025 brings even more value to savers. Whether you’re parking emergency funds or building a nest egg, CIT’s savings options deliver exceptional APYs compared to traditional banks.
- Platinum Savings: Earn higher interest rates by maintaining a minimum balance.
- Savings Connect (new for 2025): Link your checking and savings for tiered, higher yields.
Checking Accounts
CIT Bank also delivers flexibility with its Interest Checking Accounts, which combine great perks with low fees. Highlights include:
- Competitive APYs even on checking balances.
- Mobile check deposits.
- Zero monthly service fees if balance requirements are met.
This makes it ideal for those who prefer digital-first day-to-day banking.
CIT Bank Investments and Banking Services
CIT Bank doesn’t stop at personal checking and savings options. Its suite of investment banking tools caters to individuals and businesses looking to grow wealth securely and strategically. Advanced financial tools and educational resources have been expanded in 2025 to empower users with control over their investment portfolios.
For those interested in growing their funds through tailored advice, CIT’s investment options make it a worthwhile consideration.
Online and Mobile Banking Experience
CIT Bank truly shines with its robust digital banking infrastructure. The bank’s upgraded mobile app and online banking platform have made substantial strides in 2025, offering:
- Advanced security with multi-factor authentication and biometric logins.
- Ease of use with an intuitive design.
- Quick access to features such as remote check deposits, balance transfers, and spending analytics.
For customers with concerns about working solely with a digital-first bank, the app’s safety-first approach ensures secure and confidential transactions.
Branch Locations and Local Insights
While CIT Bank is a predominantly digital institution, its California locations add a personal touch for those who prefer occasional in-person interactions. One highlighted branch near Hermosa Beach gives customers the opportunity to connect with banking experts locally.
Nearby Additions to Your Day
If you’re heading to CIT Bank in Hermosa Beach, consider pairing your visit with some of the area’s hotspots:
- Grab a bite at Agave Azul Kitchen & Tequila Bar for authentic flavors and great vibes.
- Explore Hermosa Pier, engaging with both the community and the seaside charm.
This local connection brings a new level of relevance to CIT Bank’s limited branches. Residents around Hermosa Beach can experience the best of local culture while managing their banking needs.
Please visit our other article: Beyond Finance Review 2025 | Is It Legit or a Scam?
Pros and Cons of CIT Bank
Pros
- High APYs on savings accounts for maximizing your income.
- Low fees and solid value across all products.
- A seamless, modern mobile experience.
Cons
- Limited physical branches and no national ATM network.
- Best suited for tech-savvy users looking for self-service options.
Is CIT Bank Your Best Choice in 2025?
CIT Bank has secured its place as a leader in high-yield savings and innovative digital banking. With security, stability, and modern tools all at the forefront, it’s a perfect match for:
- Savers seeking above-average interest rates.
- Investors wanting straightforward, reliable growth.
- Tech-savvy individuals comfortable with digital-first banking options.
If these features resonate with your goals, consider giving CIT Bank a try. Its suite of services ensures a tailored banking experience designed to meet the needs of today’s finance-savvy consumer.
Don’t just save money, make it grow! Open a CIT High-Yield Savings Account Today.
FAQ
Is CIT Bank legit?
Yes, CIT Bank is 100% legitimate and backed by First Citizens Bank. All deposits are FDIC insured up to the maximum allowable limit.
What is the CIT Bank contact number?
You can reach CIT Bank’s customer service by calling 855-462-2652 during support hours.
Does CIT Bank offer investment services?
Yes, CIT Bank provides investment options for individuals and businesses, including tailored portfolios and growth solutions.
Where is CIT Bank located in California?
CIT Bank has limited physical locations, including a branch close to Hermosa Beach at 1320 Hermosa Ave, Hermosa Beach, CA 90254.
What’s the best high-yield savings account in 2025?
CIT Bank’s Savings Connect account offers one of the highest APYs on the market, making it an excellent choice for savers.
