Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $35 billion in financing and leasing assets. It provides financing, leasing and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions in middle market lending, factoring, retail and equipment finance, as well as aerospace, equipment and rail leasing. CIT also operates CIT Bank (Member FDIC), its primary bank subsidiary, which, through its online bank BankOnCIT.com, offers a variety of savings options designed to help customers achieve their financial goals. cit.com CIT is headquartered in New York City. View our Corporate Video www.cit.com/about-cit CIT Bank Founded in 2000, CIT Bank (Member FDIC, Equal Housing Lender) is the U.S. commercial bank subsidiary of CIT Group Inc. (NYSE: CIT). It provides lending and leasing to the small business, middle market and transportation sectors. CIT Bank (BankOnCIT.com) offers a variety of savings options designed to help customers achieve their financial goals. As of December 31, 2013, it had more than $12 billion of deposits and over $16 billion of assets. cit.com/CITBank Corporate Finance provides lending, leasing and other financial and advisory services to the middle market with a focus on specific industries, including: Aerospace & Defense, Business Services, Communications, Energy, Entertainment, Gaming, Healthcare, Industrials, Information Services & Technology, Restaurants, Retail, and Sports & Media. Trade Finance is one of the nation's leading providers of factoring and financing to consumer product companies. We tailor commercial financial solutions that help companies of all sizes increase sales, improve cash flow, reduce operating expenses and eliminate customer credit losses. Transportation Finance is a leading global aircraft lessor and the third largest U.S. railcar lessor. Our commercial finance services also include lending and leasing services to the transportation industry, principally the aerospace and rail. Vendor Finance a leader in developing commercial finance solutions for small businesses and middle market companies for the acquisition of equipment and value added services. We create tailored equipment financing and leasing programs for manufacturers, distributors and product resellers across industries that are designed to help them increase sales. Through these programs, we provide equipment financing and value-added services, from invoicing to asset disposition, to meet our customers' needs.The staff at CIT Group come from unusually diverse demographic backgrounds. The company is 45.4% female and 41.6% ethnic minorities. Despite its diversity in other areas, CIT Group employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 77.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. CIT Group has great employee retention with staff members usually staying with the company for 4.9 years.The average employee at CIT Group makes $92,061 per year. Pay at CIT Group is significantly lower than some of its highest paying competitors, like KKR & Co. L.P., BNP Paribas, and Credit Suisse, which pay $116,284, $110,415, and $109,075, respectively.A large finance company with 3,678 employees and an annual revenue of $2.0B, CIT Group is headquartered in New York, NY.
CIT Group's Mission Statement
At CIT is to be the leading global finance company, driving economic growth and creating opportunities for businesses and people around the world.
When I complete my studies, I will apply to join the CIT group.
What do you like best about CIT Group's CEO and the leadership team?
There hard work and services
How would you improve CIT Group's culture?
They have intelligent employees, as evidenced by their history, so I am not sure who can make any recommendations. However, I recommend that they start working in agriculture. As their history demonstrates, Henry Ittleson founded the CIT group in St. Louis, Missouri, in 1908, and the area is well-known for its gardens.
How did you prepare for the CIT Group interview?
I do not have any idea for that, but it depand on what kind of job we are applying for.
How does your compensation at CIT Group compare to the industry average?
no idea
What's the diversity at CIT Group like?
I gather the citation data for my essay.
What brings you the most joy at CIT Group?
If they offer me a job with training/appointment.But I know I am not that lucky.
Is this useful?
3.0
A zippia user wrote a review on Nov 2020
Pros of working at CIT Group
The people. Flexibility
Cons of working at CIT Group
Salary. No growing opportunity.
CIT Group Benefits
I love getting bonuses every year.
Is this useful?
3.0
A zippia user wrote a review on Mar 2019
Pros of working at CIT Group
Great people , stable company
Cons of working at CIT Group
Outdated infrastructure no room for advancement
CIT Group Benefits
PTO
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The team at CIT Group
The founders of CIT Group is Henry Ittleson.
The key people at CIT Group are Ellen R. Alemany and Henry Ittleson.
Key People
E
Ellen R. Alemany
H
Henry Ittleson
CIT Group Rankings
CIT Group is ranked #52 on the Best Finance Companies to Work For in New York list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
The average a CIT Group salary in the United States is $92,061 per year.
CIT Group employees in the top 10 percent can make over $159,000 per year,
while CIT Group employees at the bottom 10 percent earn less than $53,000 per year.
Average CIT Group Salary
$92,061
yearly
$44.26 hourly
Updated March 14, 2024
And if you're looking for a job, here are the top jobs CIT Group is hiring right now:
Director
Finance Vice President
Vice President Of Information Technology
Associate
Senior Software Engineer
Evaluate CIT Group's commitment to diversity and inclusion.
CIT Group diversity
9.8
Diversity Score
We calculated CIT Group’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of CIT Group’s workforce.
CIT Group diversity summary. Zippia estimates CIT Group's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated CIT Group's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of CIT Group's workforce.
CIT Group has 3,678 employees.
45% of CIT Group employees are women, while 55% are men.
The most common ethnicity at CIT Group is White (58%).
16% of CIT Group employees are Hispanic or Latino.
11% of CIT Group employees are Black or African American.
The average employee at CIT Group makes $92,061 per year.
CIT Group employees are most likely to be members of the democratic party.
Employees at CIT Group stay with the company for 4.9 years on average.
C
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CIT Group Office Locations
CIT Group is headquartered in New York, NY
Videos About Working At CIT Group
Citi: 2014 Summer Analyst Offer Reception
The Employees of CIT Commercial Services - Charlot
CIT Group Financial Performance
9.9
Performance Score
Highest paying CIT Group competitors
Compare CIT Group salaries to competitors, including KKR & Co. L.P., BNP Paribas, and Credit Suisse. Employees at KKR & Co. L.P. earn the highest average yearly salary of $116,284. The salaries at BNP Paribas average $110,415 per year, and the salaries at Credit Suisse come in at $109,075 per year.
Zippia gives an in-depth look into the details of CIT Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about CIT Group. The employee data is based on information from people who have self-reported their past or current employments at CIT Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by CIT Group. The data presented on this page does not represent the view of CIT Group and its employees or that of Zippia.
CIT Group may also be known as or be related to CIT, CIT GROUP INC, CIT Group, CIT Group Inc, CIT Group Inc. and Cit.
