Banks | CIT Bank

CIT Bank

For information concerning CIT Bank, a subsidiary of CIT Bank, please see the CIT Bank page here.

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CIT Bank Locations

Deposit Rates - March 3, 2021

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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