5 year CD rates at CIT Bank have a new lower rate. The new 5 year CD interest rate at CIT Bank is 2.08 percent with a yield of 2.10 percent. CIT Bank's 5 year CD rate was at 2.18 percent with a yield of 2.20 percent. See a history of interest rate changes to the 60 month certificate of deposit at CIT Bank by going to CIT Bank 5 Year CD Rates.