2 year CD rate at CIT Bank is currently at 1.29 percent with an APY of 1.30 percent for account balances of $1,000 or more. CIT Bank 2 year CD rates were recently increased from 1.24 percent with an APY of 1.25 percent. CD rates change all the time, you can view the history of all CIT Bank 2 year CD rates here: CIT Bank 2 Year CD Rate