A. Junior
CITs need to be able to ride waves.
Senior
CITs need to be able to paddle and swim well, as well as time and catch their own waves.
Not exact matches
That's part of the purpose for the
CIT, although you don't
need the
CIT to achieve that objective.
Although you'll
need to deposit at least $ 100.00 to open a
CIT Bank Money Market Account, you won't
need to meet any minimum balance from then on.
Although you'll
need to deposit at least $ 100.00 to open a
CIT Bank Money Market Account, you won't
need to meet any minimum balance from then on.
If
CIT Bank Premier High Yield Savings doesn't suit your
needs, we suggest you visit our Banking Center to compare hundreds of high - yield savings accounts or review a handful of our top high - yield savings accounts below.
You
need to know a couple of things before you open up a High - Yield Savings Account with
CIT Bank.
Alongside a respectable APY, another perk from
CIT is you only
need $ 100 to open your savings account.
To access money in a
CIT Bank Money Market Account, you
need to use People Pay.
If you
need a place to fund your emergency fund, I recommend an online bank like Ally or
CIT (
CIT has the BEST APY that I've seen in a loooong time!)
As for the additional administrative workflow associated with
CITs, Eric Garofalo, executive director at Morgan Stanley Wealth Management in New York, says that plan sponsors
need to submit a participation agreement with the bank trust company managing the
CIT.
Review: You'll
need $ 100 to open a savings account at
CIT Bank, but you won't pay maintenance fees.
The Pro-Mix
CIT Funds, introduced in 2000, are also offered in Class S to address the ongoing
need for various plan cost structures.
@Joe Splitrock with
CIT when I've
needed to transfer some money out, it's usually in my other account the next day, so very accessible as well