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Submitted URL: https://www.bankoncit.com/custodial-account
Effective URL: https://www.cit.com/cit-bank/custodial-account
Submission: On June 02 via api from US — Scanned from DE
Effective URL: https://www.cit.com/cit-bank/custodial-account
Submission: On June 02 via api from US — Scanned from DE
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</form>Text Content
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Personal
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Commercial Services
* Bank
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* Platinum Savings
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eCheckingCDs
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* Jumbo CDs
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* Transfer Money
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Beginning of dialog content
C I T Mobile Site Navigation
* Personal
* BANK
Savings
* Platinum Savings
* Money Market
* Savings Connect
* Savings Builder
eChecking
CDs
* Term CDs
* No-Penalty, 11-Month CD
* Jumbo CDs
* RampUp CDs
View All Products
* BORROW
Home Loans
* LEARN
Why CIT Bank
* Awards
* Member FDIC
* Privacy
* Building On Heritage
* Entirely Digital
* Savings Focused
Savings StrategiesOwnership Types
* Personal
* Custodial
* Trust
ArticlesVideos
* RESOURCES
Contact UsProduct and RatesForms & Docs
* Agreement for Personal Accounts
* Fee Schedule
FAQsFraud PreventionHelp
Services
* Online Banking
* Mobile Banking
* Calculators
* Zelle®
* Transfer Money
* Manage CDs
* Digital Payments
* Debit Card Controls
* Lost or Stolen Debit Card
* Commercial Services
End of dialog content
Open Account
Ready to get started?
Open Account
Sign In
Sign In
Beginning of dialog content
SIGN IN
Online Banking
Other Account Types
--------------------------------------------------------------------------------
End of dialog content
CUSTODIAL ACCOUNTS
Use a variety of CIT Bank products to set up a Custodial Account under the
Uniform Transfers to Minors Act (UTMA) for a child in your life and give them a
head start on their dreams.
HELP A CHILD YOU CARE ABOUT ENJOY A MORE SECURE TOMORROW
Open an account in the name of a child in your life and start them on the
savings path. You'll enjoy added tax benefits, and they'll have a head start
when they need it most.
* As custodian, you control the account until the minor reaches age 18, unless
a later age is designated which may be up to 25 years of age
* Part of the earnings may be free of federal taxes
* There is no maximum annual contribution limit and potential to not incur
federal gift taxes; please refer to: IRS Publication 559 for the Gift Tax
Annual Exclusion amounts
* It’s FDIC insured
* Manage your account and view statements online
* Easy account setup
* Most CIT Bank products can be set up as custodial accounts under the Uniform
Transfers to Minors Act. IRA accounts cannot be opened as CIT Bank Custodial
Accounts.
*
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About
* Why CIT Bank
* Account Types
* Services
* Careers at First Citizens
Accounts
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* Other Commercial Businesses
©2024 First-Citizens Bank & Trust Company. All rights reserved. CIT and the CIT
logo are registered trademarks of First Citizens BancShares, Inc.
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Terms of Use
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Leaving Site Notice
YOUR PRIVACY CHOICES
When you visit CIT Bank websites, we may store or retrieve information on your
browser, mostly in the form of cookies. This information might be about you,
your preferences, or your device and is mostly used to help us manage the
website to serve you best. The information doesn’t usually directly identify
you, but it can give you a more personalized web experience. Because we respect
your right to privacy, you can choose not to allow some types of cookies. To
find out more about the different cookie categories and to change the settings,
click on the headings below. Please be aware that changing the settings may
impact your experience of the site and the services we offer. These opt-outs
also work via cookies and are domain specific, so if you delete cookies,
navigate to a different domain, use a different device, or change web browsers,
you will need to opt-out again. To opt-out of the sharing of your personal
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