Acquisition Strategy CIT Bank has a history of strategic acquisitions, including recent acquisitions of Silicon Valley Bank and Guaranty Bank. Leveraging this acquisition strategy can present sales opportunities for companies looking to be acquired or partner with CIT Bank.
Tech Stack Expansion With a versatile tech stack that includes MATLAB, SiteCatalyst, and PostgreSQL, CIT Bank emphasizes technological innovation. Technology companies offering compatible solutions can explore partnership opportunities to enhance CIT Bank's digital banking offerings.
Real Estate Investment CIT's investment in medical office buildings highlights its focus on real estate financing. Real estate developers or firms dealing in commercial properties can target CIT Bank as a potential financing partner for similar projects, creating sales opportunities in the real estate sector.
Industry Disruption As part of First Citizens Bank, CIT Bank aims to disrupt the banking industry with its digital approach. Fintech companies specializing in digital banking solutions can collaborate with CIT Bank to drive industry innovation and create new sales channels.
Financial Services Expansion Given CIT Bank's significant revenue and funding, firms providing financial services or solutions tailored to mid-sized businesses can position themselves to cater to CIT Bank's needs. Exploring synergies in financial offerings can lead to lucrative sales partnerships.
4.3K
$1B
10K$1B
5.3K$1B
6.8K$1B
227$50M$100M
5K$1B
5.5K$1B
10K$1B
5K$1B
1.4K$1B
5K$1BCIT Bank uses 8 technology products and services including MATLAB, SiteCatalyst, AppDynamics, and more. Explore CIT Bank's tech stack below.
| CIT Bank Email Formats | Percentage |
| First.Last@cit.com | 97% |
| FirstLast@cit.com | 1% |
| FLast@cit.com | 1% |
| First.L@cit.com | 1% |
BankingCalifornia, United States1001-5000 Employees
An innovative digital bank with one goal: to help you earn more and grow your savings. A division of First Citizens Bank, Member FDIC. As America’s largest family-controlled bank, First Citizens is continuing a unique legacy of strength, stability and long-term thinking that has spanned generations. Learn more at cit.com/firstcitizens.
Company Overview
Funding & FinancialsCIT Bank has raised a total of $1.2B of funding over 8 rounds. Their latest funding round was raised on Jan 13, 2021 in the amount of $69Mas a financing.
CIT Bank's revenue is in the range of $100M$1B
Funding & FinancialsCIT Bank has raised a total of $1.2B of funding over 8 rounds. Their latest funding round was raised on Jan 13, 2021 in the amount of $69Mas a financing.
CIT Bank's revenue is in the range of $100M$1B
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