25
Sep
Ally Bank leapfrogs CIT Bank’s no-penalty CD with 2.1% rate for $25K+ deposits
On Friday, September 21, 2018, Ally Bank again leapfrogged CIT Bank’s 11-month, no-penalty CD by raising the APY on the $25K+ tier to 2.1%. CIT Bank’s competing 11-month, no-penalty CD yields 2.05% on all deposit amounts, with a minimum deposit of $1,000 required. So Ally bank now has the edge for larger deposit amounts while […]