CIT Bank Savings Account Interest Investigation

We are investigating whether CIT Bank savings account holders should have earned more money from their savings accounts.

CIT Bank is an online-only banking provider and a division of First Citizens Bank. We are investigating whether some CIT Bank customers with existing savings accounts earned less money compared to newer savings accounts the bank promoted. Existing customers may not have received notifications and were not automatically switched to savings products that would have earned them more money with higher interest rates. These practices may violate customers’ rights under laws prohibiting unfair and deceptive trade practices.

Read more:

• Why Banks May Be Hoping You’re Not Paying Attention, New York Times

If you have an existing savings account with CIT Bank, you may qualify for a claim. Fill out the Claim Form to determine if you qualify.

CIT Bank requires its account holders to agree to terms and conditions that require claims to be resolved through individual arbitration, rather than in court. Our law firm has extensive experience handling consumer arbitrations, and we are here to help consumers interested in presenting such claims to recover compensation for their losses.

You will not be responsible for any fees or costs unless we obtain compensation for you. The firm will advance any costs to submit and resolve your claim, including any arbitration fees.

Ultimately, should you choose to settle your case, our firm would receive a contingency fee based on the value of your settlement or arbitration award. The choice to accept a monetary settlement is yours and yours alone. If we do not recover any settlement or award on your behalf, you owe us nothing.