CIT Bank Offering 1.25% APY on 24-Month CDs

CIT Bank , the online consumer bank of CIT Group Inc., is paying 1.25% APY for its 24-month CDs. The minimum deposit required for these CDs is $25,000.

EH National Bank and MetLife are the other two banks offering good 24-month CD rates. EH National Bank is offering 1.20% APY for a minimum deposit of $10,000. MetLife is offering 1.17% APY for a minimum deposit of $25,000.