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Cit Bank, National Association — Overview
B- Overall
Cit Bank, National Association is rated overall in the top 51th percentile based on 1,856 customer complaints.


Number of Complaints1,856 (0 In Progress)
Complaints per $100K of Deposits6.17
Complaints Resolved in a Timely Manner95.3%
Resolutions Disputed by Customer7.6%
Complaints Resolved in Customer's Favor100.0%

Financial Report

EstablishedMarch, 2009
FDIC Certificate #58978
Number of Branches71 (0 International)
Total Assets$40.7 Million
Total Deposits$30.1 Million
Total Equity Held$5.1 Million
Quarterly Net Income$-0.1 Million

Contact Information

Cooperate Headquarters
95 South Lake Ave
Pasadena, CA 91101


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Other Names and Websites
Other Names (or Trade Names)
One West Bank
"One West Bank, a division of CIT Bank, N.A. "
Deposit Accepted Websites

† Directly as reported by the bank on Schedule RC-M of the FFIEC Call report, no system edits.

Cit Bank, National Association — Summary

Cit Bank, National Association is ranked 160th out of 3,672 banks. That puts Cit Bank in the top 61th percentile and gives them an overall grade of "B-". This ranking is based upon customer complaints to the Consumer Finance Protection Bureau (CFPB) and public data about FDIC insured financial institutions. There are 1,856 complaints against Cit Bank and 979,456 complaints total.

Of the 1,856 complaints again Cit Bank, there have been 270 in the passed 18 months. Of those 270 complaints, 100.0% have been resolved in the customers favor, 7.6% have been disputed by the customer, and 95.3% have been resolved in a timely manner. The CFPB allows 60 days to resolve complaints before considering them "untimely". Additionally, Cit Bank has $30.1 million is customer deposits which means there are 6.17 complains per $100K in customer deposits.

The statistics and figures above are averaged and ranked. We then compute teach bank's overall percentile based upon these scores. Learn more details about our ranking methodology.

Break-down by Financial Product

Grades are also broken down by financial products offered by each institution. Cit Bank, National Association is graded in 1 category of financial products they offer. The top 3 categories are Mortgage, Checking or Savings Account and Bank Account or Service.

Cit Bank, National Association is rated "A-" in Mortgage.

Click here to see Complete Cit Bank Report Card »

Financial Summary

Cit Bank was established and FDIC insured in March, 2009. Based on its asset concentration, this institution specializes in commercial lending. Cit Bank, National Association has $40.7 Million is assets (51st overall) and holds $30.1 Million is customer deposits (50th overall).

Cit Bank has 71 domestic offices and 0 foreign offices. Click here to see map of all offices.

Alternative names for this Institution include: One West Bank and "One West Bank, a division of CIT Bank, N.A. ".

Click here to see complete financial report or to see full history.

Most Recent Complaints

Below is the list of the top 10 complaint reasons against Cit Bank, National Association. Click here to see all complaints against Cit Bank.

# Product Sub-Product Issue Count
1 Mortgage Reverse mortgage Loan modification,collection,foreclosure 33
2 Mortgage Other mortgage Loan modification,collection,foreclosure 17
3 Mortgage Reverse mortgage Struggling to pay mortgage 15
4 Bank account or service (CD) Certificate of deposit Account opening, closing, or management 11
5 Mortgage Reverse mortgage Loan servicing, payments, escrow account 10
6 Mortgage Other mortgage Loan servicing, payments, escrow account 10
7 Mortgage Conventional home mortgage Struggling to pay mortgage 10
8 Mortgage Reverse mortgage Trouble during payment process 10
9 Checking or savings account Savings account Opening an account 9
10 Mortgage Other type of mortgage Trouble during payment process 7
View all complaints »
Complaints by Product
Complaints Over Time - By Year
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