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HOA Premium Reserve Solution

Put reserve funds to work with the leading community association bank.

Competitive rates, secure deposits and a streamlined banking experience. CIT offers a range of solutions to manage and grow HOA funds safely and effectively, including higher balances over $250,000.

With our HOA Premium Reserve Solution, you’ll get:

  • The ease of dealing with one bank that can serve all your HOA banking needs
  • A competitive rate of return to grow reserve fund
  • The security to know your funds are protected and secured by a surety bond1
  • The flexibility to access funds when needed through investment options

Compare Premium Reserve Account Solutions

Choose one or a combination of these flexible deposit options for your bond-backed reserve account:
sweep men looking at computer

Premium Sweep Account

Access to your funds daily 

Unlimited withdrawals 

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Premium Money Market

Access to your funds

Six withdrawals per month



Women discussing Premium CD

Premium CD

Fixed rates based on selected terms of 30 days to 60 months

woman using computer

Premium Ladder CD

Fixed rate

Access to your funds every few months

Flexible terms that meet your needs:

  • 1 month
  • 3 months
  • 6 months
  • 9 months
  • 12 months 

Member FDIC - Teal text

Your money is safe and sound.

CIT Bank, N.A. is a member of the Federal Deposit Insurance Corporation (FDIC), which means your deposit accounts are insured up to $250,000 per depositor, for each account ownership category.

Ready to get started?

Our experienced and dedicated regional teams are ready to deliver the knowledge, service and solutions needed to help your unique business thrive.

CAB Account Disclosures

1 Funds in excess of FDIC insurance coverage limits are covered by a third-party issued surety bond.  Such excess funds are not subject to FDIC deposit insurance.  The surety bond providing excess coverage over FDIC insurance may be cancelled at any time upon 30 days’ written notice.  Should a notice of cancellation be given, CIT will contact the client to discuss alternatives to provide for the continued safety of funds.

Please download the documents below for details on CAB deposit account features and requirements.

Account Terms and Conditions (pdf)

CAB Fees and Charges (pdf)

CAB Truth in Savings (pdf)

Funds Availability (pdf)

Wealth Management Addendum (pdf)

Treasury Terms and Conditions (pdf)