CIT Bank, is offering 1.850% APY on 60-month jumbo CDs that require a minimum deposit of $100,000.
Competing with CIT are a few other banks that offer good interest rates for the same type of CD. Nationwide Bank offers 1.760% APY, Discover Bank offers 1.650% and Intervest National Bank offers 1.570% APY for the 60-month jumbo CDs. The minimum deposit requirement for all these CDs is $100,000.
