Cit Bank BankRank.org
|Number of Complaints||1,856 (0 In Progress)|
|Complaints per $100K of Deposits||6.17|
|Complaints Resolved in a Timely Manner||95.3%|
|Resolutions Disputed by Customer||7.6%|
|Complaints Resolved in Customer's Favor||100.0%|
|FDIC Certificate #|
|Number of Branches||71 (0 International)|
|Total Assets||$40.7 Million|
|Total Deposits||$30.1 Million|
|Total Equity Held||$5.1 Million|
|Quarterly Net Income||$-0.1 Million|
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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 »
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. ".
Below is the list of the top 10 complaint reasons against Cit Bank, National Association. Click here to see all complaints against Cit Bank.
|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|