5 year CD rates at CIT Bank have a new lower rate at 1.93 percent with a yield of 1.95 percent. The old 5 year CD rate at CIT Bank was above 2.00 percent at 2.13 percent with a yield of 2.15 percent. View a history of rate change to the 60 month certificate of deposit at CIT Bank by visiting CIT Bank 5 Year CD Rates.