Yes, CDs at CIT Bank are FDIC-insured. Like most banks, CIT Bank's deposits are insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000. If you have CDs or other deposit ...

CIT Bank's other CD offerings pay pretty low rates ... and it's also a low-risk place to keep money since it's FDIC-insured. It also has enough CD variety to create a CD ladder, but you can ...