Institutional Deposit Group

Institutional Deposit Group

OneWest Bank N.A. was acquired by CIT Group Inc. and has been renamed CIT Bank, N.A. The page you have accessed is now located at cit.com on 9/1/2015.

Institutional Deposit Group

OneWest Bank’s Institutional Deposit Group is dedicated to our customers. By committing to excellence in service, pricing, quality, and execution, we create an important impact on the institutions we serve. All deposits are safe and secure, and OneWest Bank is a well-capitalized financial institution with an IDC rating of 275.

Rates below are for commercial and institutional customers only. CDs require a minimum opening deposit of $50,000. Current interest rates and Annual Percentage Yield (APY) effective as of 08/31/2015. Rates subject to change.

Custom Term Certificate of DepositInterest RatesAPY
3-5 Months0.250 %0.25 %
6-8 Months0.510 %0.51 %
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SavingsInterest RatesAPY
$5,000,000.00 +0.100 % [1]0.10 %
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Money Market SavingsInterest RatesAPY
$5,000,000.00 +0.100 % [1]0.10 %
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[1] New IDG Savings and MM Savings opened after 11/11/2013
1.877.748.0004
Contact Us For more information, visit a branch, or call us at:
OneWest Bank, a division of CIT Bank, N.A. and CIT Bank, N.A. are the same FDIC-insured institution. Deposits held under each name are not separately insured, but are combined to determine whether a depositor has exceeded the $250,000 federal deposit insurance limit, per depositor for each account ownership category. For purposes of calculating aggregate deposits held in OneWest Bank, a division of CIT Bank, N.A., you should include deposits held in CIT Bank, N.A.

Contact Us

225 N Barranca St., 2nd Floor
West Covina, CA 91791
Phone: 1.877.748.0004
Fax: 1.626.859.5401

Hours
Mon - Thu 6:00a.m. - 3:30p.m. (PST)
Fri 6:00a.m. - 3:00p.m. (PST)

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Our Customers

OneWest Bank is a well-capitalized institution with an IDC rating of 275. Our customers include:

  • Credit Unions
  • Banks
  • Trust Companies
  • Financial Planners
  • Self Trustee Retirement Plans
  • Home Owners Associations
  • Business (not for profit/for profit)
  • Foundations
  • Government Entities and Municipalities
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