Prime Rate as of 3/16/2020 = 3.25% (Wall Street Journal).
No application or closing costs
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2021
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 35575
Date Established
2000
Assets
$ 21.46 billion
Loans
$ 14.88 billion
Deposits
$ 16.81 billion
Capital
$ 2.75 billion
Summary Balance Sheet
ASSETS
Cash & Balances due from depository institutions
N.A.
Interest-bearing balances
N.A.
Total securities
N.A.
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 14.88 billion
Loan loss allowance
$ 286.25 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
N.A.
All other assets
N.A.
Total Assets
N.A.
LIABILITIES
Total deposits
$ 16.81 billion
Interest-bearing deposits
N.A.
Deposits held in domestic offices
N.A.
% insured (estimated)
0.00%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
N.A.
Subordinated debt
N.A.
All other liabilities
N.A.n
Total Liabilities
N.A.
Shareholders’ Equity
$ 21.46 billion
Summary Income Statement
INCOME AND EXPENSES
Total Interest Income
N.A.
Total Interest Expense
N.A.
Net interest income
N.A.
Provision for loan and lease losses
N.A.
Total non interest income
N.A.
Total non interest expense
N.A.
Pre-tax Net Operating Income
N.A.
CIT Bank is an FDIC insured institution headquartered at
2150 South 1300 East, Suite 400, Salt Lake City, UT 84106.
It was founded in
2000 and has approximately $21 billion in
assets. Customers can open an account at one of its 0 branches.
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