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Awards & Recognition

CIT is proud to offer our customers an award-winning banking experience across all of our subsidiaries

2019

Monitor Daily’s 2018 Top 50 Bank Finance and Leasing Companies in the U.S.

  • Tag for award:Business
The Monitor Bank 50 ranks the top bank-affiliated equipment leasing and finance companies in the U.S.

Fintech Breakthrough Award for Best Small Business Lending Solution

  • Tag for award:Business

The FinTech Breakthrough Awards recognize the top companies and products in the financial services and technology industry today. CIT won Best Small Business Lending Solution for 2018.

FinTech Breakthrough Award for Best Personal Finance Company

CIT Bank was named Best Personal Finance Company by FinTech Breakthrough, an organization that recognizes technologies and companies that drive innovation and exemplify the best in FinTech technology solutions.

Monitor Daily’s 2019 Top 50 Bank Finance and Leasing Companies in the U.S.

  • Tag for award:Business
The Monitor Bank 50 ranks the top bank-affiliated equipment leasing and finance companies in the U.S.

2018 Stevie Award for Sales & Customer Service

  • Tag for award:OWB

The Stevie® Awards are recognized as the world's premier business awards. CIT’s OneWest Bank received a Silver Award for delivering customer service success in the financial services industry.

FCWWC Healthiest Companies Gold Award Winner

CIT was recognized on the First Coast Worksite Wellness Council's (FCWWC) Healthiest Companies list as a gold award winner for 2019. This recognition comes as a result of our Balance & Wellness program and our commitment to creating a culture of wellness for employees across the country.

Savings Builder is a 2019 Best Savings Account

The financial technology company SmartAsset included the CIT Bank Savings Builder account in its list of 2019’s Best Savings Accounts . The account was noted for having a high APY, low minimum deposit and no monthly fees.

MyBankTracker Market-Leading Savings Rate 2019: Savings Builder

For the second consecutive year, CIT Bank was included in MyBankTracker’s list of Best Savings accounts. Savings Builder was its 2019 pick in the Market Leading Savings Rate category and was noted for having one of the top interest rates as well as no monthly maintenance or transaction fees.

2018

Best 1-Year CD Rate

CIT Bank was designated as having the highest 1-Year CD rate in MagnifyMoney's list of the "Best CD Rates."

Magnify Money's Best Money Market Account Rates List

MagnifyMoney searched over 12,000 banks and credit unions and has listed CIT Bank as having one of the highest money market account rates. MagnifyMoney also noted the account’s easy accessibility and low minimum deposit requirement.

NerdWallet's Best Savings Account of 2018

CIT Bank's Premier High Yield Savings Account was included in NerdWallet's list of the Best Savings Accounts of 2018.

GOBankingRates' 10 Best Savings Accounts of 2018

CIT Bank's Premier High Yield Savings Account was selected as an Editor’s Pick by GOBankingRates as one of the 10 Best Savings Accounts of 2018. The account was recognized for having a low minimum deposit requirement and no account opening or maintenance fees.

GOBankingRates' Top 10 Best Online Banks of 2018

GOBankingRates included CIT Bank in its list of the Top 10 Best Online Banks of 2018. CIT Bank's Premier High Yield Savings Account offered the top savings account interest rate on the list.

2017

FCI Annual Factor of the Year Awards

  • Tag for award:Commercial

For each of the last three years, CIT was recognized by Factors Chain International (FCI) in its Annual Factor of the Year Awards.

Bankrate’s Best Savings Account Rates

CIT Bank ranked in the top 5 for Bankrate’s Best Savings Account Rates list. Banks included in this list offer rates that are among the highest in the nation.

Survey of Bank Reputations

CIT Bank received high rankings in a Survey of Bank Reputations conducted by the American Banker and Reputation Institute. The survey rated banks in reputation categories including products and services, innovation, leadership, workplace, performance citizenship and governance.

Motley Fool “Best Pick” List

The Motley Fool ranked the CIT Bank Premier High Yield Savings account at the top of its list of the best high-yield online savings accounts for 2017. The Motley Fool praised the Premier High Yield Savings account for its "high APY that doesn't come at the expense of unnecessary fees."

Bankrate’s Safe & Sound® Rankings

CIT Bank earned a 5 out of 5 star rating on Bankrate’s Safe & Sound® rankings for Q2 2017. This rating recognizes CIT Bank as "Superior" in terms of relative financial strength and stability.

2016

NerdWallet's Best Savings Accounts of 2016

CIT Bank's High Yield Savings Account was named one of the Best Savings Accounts of 2016 by NerdWallet for its combination of high rate, zero monthly fees or minimums, and low initial deposit.