CIT Bank, National Association

Branches

Your current location is: New York, NY

CIT Bank, National Association Locations

Rates - May 26, 2019

Your current location is: New York, NY

CD RATES APY MIN MAX
3 Mo CD
0.30% $1,000 - Compare
6 Mo CD
0.45% $1,000 - Compare
12 Mo CD
0.55% $1,000 - Compare
18 Mo CD
1.00% $1,000 - Compare
24 Mo CD
1.10% $1,000 - Compare
36 Mo CD
1.20% $1,000 - Compare
48 Mo CD
1.30% $1,000 - Compare
60 Mo CD
1.40% $1,000 - Compare
SAVINGS RATES APY MIN MAX
Savings
0.05% $1,000 $4,999 Compare
MM RATES APY MIN MAX
Money Market
0.15% $1,000 $4,999 Compare
Money Market
0.25% $10,000 $24,999 Compare
Money Market
0.40% $25,000 $49,999 Compare
FIXED IRA RATES APY MIN MAX
Fixed IRA
0.55% $1,000 -
VARIABLE IRA RATES APY MIN MAX
Var IRA
0.05% $1 $999
INT CHECKING RATES APY MIN MAX
Int Ckg
0.01% $1 $999
Int Ckg
0.05% $1,000 $4,999

Overview 2019

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58978
Date Established 2009
Assets $42.18 billion
Loans $27.83 billion
Deposits $32.04 billion
Capital $5.09 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $1.41 billion
Interest-bearing balances $1.32 billion
Total securities $5.97 billion
Federal funds sold and reverse repurchase $0.30 billion
Net loans and leases $27.83 billion
Loan loss allowance $0.46 billion
Trading account assets $0.09 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.03 billion
Goodwill and other intangibles $0.42 billion
All other assets $6.06 billion
     Total Assets $37.09 billion

LIABILITIES
Total deposits $32.04 billion
      Interest-bearing deposits $30.34 billion
      Deposits held in domestic offices $32.04 billion
      % insured (estimated) 84.68%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.06 billion
Other borrowed funds $4.10 billion
Subordinated debt $0.00 billion
All other liabilities $0.88 billion
      Total Liabilities $37.09 billion
      Shareholders’ Equity $5.09 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $1.79 billion
Total Interest Expense $0.56 billion
Net interest income $1.24 billion
Provision for loan and lease losses $0.17 billion
Total non interest income $0.74 billion
Total non interest expense $1.20 billion
Pre-tax Net Operating Income $0.60 billion

CIT Bank, National Association is an FDIC insured institution headquartered at 95 South Lake Ave, Pasadena, CA 91103.
It was founded in 2009 and has approximately $42 billion in assets. Customers can open an account at one of its 72 branches.