CIT Bank

Overview

CIT Bank, a division of First Citizens Bank, provides FDIC-insured banking products with a focus on online services. It offers competitive rates on savings accounts, certificates of deposit (CDs), and eChecking accounts, catering primarily to retail customers seeking convenient banking solutions.

Founded in 1908, this institution has a long history in financial services, originally financing accounts receivable for small businesses. Today, it operates through digital channels, allowing customers to access their accounts 24/7 via online banking and mobile apps. The bank emphasizes customer convenience and aims to deliver high-yield savings and checking options. Its parent company extends services to mid-sized businesses and commercial clients, offering asset-based lending, equipment financing, and advisory services, maintaining a strong legacy in the financial sector.

Basic Information

Contact Details

• Phone: +1 212-461-5200
• Website: cit.com
• LinkedIn: linkedin.com/company/cit-bank

Key Focus Areas & Initiatives

• Certificates of deposit
• High yield savings
• IRAs
• Custodial accounts
• Jumbo CDs
• Home purchase & refinance loans
• No-penalty CDs
• 11-month CD
• Term CDs
• Savings

Technologies Used

• AI
• Adobe Marketing Cloud
• Akamai
• Citrix NetScaler
• Microsoft Application Insights
• Microsoft Azure Monitor
• Microsoft Office 365
• Mobile Friendly
• React Redux
• Ruxit
• SOASTA
• The Trade Desk

Affiliated Organizations & Regional Branches

• Entegra Financial Corp.
• Mutual of Omaha Bank
• CIT
• NACCO S.A.S.
• First Citizens Bank
• Mutual of Omaha
• Direct Capitol Corp
• First Citizens India