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CIT

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CIT is now part of First Citizens Bank. For up-to-date information, please see the First Citizens Bank profile.

CIT Reviews

Updated Dec 22, 2022

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Found 628 of over 696 reviews
3.4
64% Recommend to a Friend
69% Approve of CEO

Found 626 of over 696 reviews

3.4
64%
Recommend to a Friend
69%
Approve of CEO
CIT Vice Chairwoman and CEO of CIT Group and Chairwoman, CEO and President of CIT Bank Ellen Alemany (no image)
Ellen Alemany
154 Ratings

What people are saying about CIT

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Top Review Highlights by Sentiment

Pros
  • "Great people to work with; everybody has an open door policy(in 74 reviews)
  • "CIT offers good benefits including the 401(k) plan match and tuition reimbursement.(in 53 reviews)
  • "Good work life balance and so so health insurance.(in 43 reviews)
  • "Pay is good for the job type.(in 24 reviews)
  • "The company itself seemed to have fairly good culture, and my coworkers were all friendly and helpful.(in 20 reviews)
Cons
  • "Constantly ask for more from the employees because of dysfunctional management decisions without proper recognition of the staff in terms of comp, benefits, hours or development.(in 38 reviews)
  • "This leads to inefficiencies and low morale.(in 17 reviews)
  • "Managers don't even say good morning to you.(in 15 reviews)
  • "That was their solution to budget problems especially with the current leadership so don’t get comfortable unless you are in an already short staffed department.(in 13 reviews)
  • "Middle management is afraid of senior management due to the excessive turn over so violations get covered up in the hope that it is not found until that person has found a new place of employment(in 13 reviews)
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Ratings by Demographics

This rating reflects the overall rating of CIT and is not affected by filters.

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  1. 5.0
    Current Employee

    Amazing experience

    Feb 8, 2022 - Senior Analyst in Stamford, CT
    Recommend
    CEO Approval
    Business Outlook

    Pros

    - A relatively flat organization which provides the opportunity to regularly learn from experienced, senior team members. - Very friendly work environment. - Day to day provides excellent opportunity to build and refine U/W, modeling, and credit skills.

    Cons

    - Comp is a little below market.

    1 person found this review helpful
  2. 3.0
    Current Employee

    Can be improved

    Dec 22, 2022 - Facilities Coordinator 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    The hours and the team are good.

    Cons

    the salary and budgets need to be improved

    Continue reading
    Be the first to find this review helpful
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  4. 3.0
    Former Employee

    not bad but not the best either

    Sep 12, 2022 - Data Analyst 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    lots of opportunities to learn and try out new technologies

    Cons

    Overworked, underpaid, and people weren't the best to work with.

    Continue reading
    1 person found this review helpful
  5. 4.0
    Former Employee, more than 1 year

    CIT

    Oct 6, 2022 - Project Manager in Phoenix, AZ
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good people and generous bonus

    Cons

    Needs to focus on associate development

    Continue reading
    Be the first to find this review helpful
  6. 3.0
    Former Employee

    CIT Bank - Solid and steady

    Jun 13, 2022 - Operations Manager 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Pay is pretty competitive plus incentive pay.

    Cons

    Not too many opportunities for growth.

    Be the first to find this review helpful
  7. 2.0
    Former Employee, more than 8 years

    Great Direct Boss

    May 13, 2022 - Director 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    remote friendly good pay had a great direct boss

    Cons

    went out of business - sold benefits were so so

    Continue reading
    1 person found this review helpful
  8. 1.0
    Former Employee, more than 10 years

    Poor Leadership

    Dec 11, 2021 - Risk Management 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Work life balance. Memories of a once proud bank that overcame a lot.

    Cons

    After ten plus years at CIT the latest leadership regime lacked many basic management skills. This included creating a positive culture and planning. Within the first six months our direct leader noted that they were to improve the talent. A slap in the face to the many very talented professionals that dedicated years to the organization when it was evident that prior leadership regimes were more talented then the current leadership. One would think they would have expected the unexpected and a delayed merger, which they didn’t. The mass exodus, operating as if they were already one organization, has led to an internal crisis. Good luck recruiting talent. Or maybe that is what they wanted.

    Continue reading
    5 people found this review helpful
  9. 1.0
    Current Employee, more than 8 years

    Accountant

    Sep 23, 2021 - AVP-Finance in Jacksonville, FL
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great manager and coworkers. Working from home for over 18 months.

    Cons

    Since the merger announcement almost a year ago, it's been like watching a train wreck. Employees are resigning in droves. Back filling positions is at a stand still. Existing employees are working long hours with no additional compensation or retention bonuses. There's been limited or no communication from upper management. There has been no transparency from either First Citizens Bank nor CIT leadership about the merger status. No ones job is secure. Ellen Alemany is get millions of dollars in the deal and the employees are ignored. It was a great company to work for before Ellen was made president. Now it's just gone to hell.

    Continue reading
    11 people found this review helpful
  10. 2.0
    Current Employee

    management

    Mar 30, 2022 - Data Entry 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    co workers are great team

    Cons

    there is no support from management

    Continue reading
    Be the first to find this review helpful
  11. 1.0
    Former Employee, more than 10 years

    Beware of incompetent Management

    Dec 15, 2021 - Credit Analyst II in Charlotte, NC
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Free coffee when in the office.

    Cons

    Middle management is hit or miss depending on the division. There are managers there who have no business being in positions of power as they clearly abuse those positions by applying rules and regulations differently based on sex and race. If you’re a sycophant you will go far, if not you can expect to be passed over for bonuses and promotions. These problems also extend into some of the upper management as well.

    Continue reading
    4 people found this review helpful
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CIT Reviews FAQs

CIT has an overall rating of 3.4 out of 5, based on over 696 reviews left anonymously by employees. 64% of employees would recommend working at CIT to a friend and 50% have a positive outlook for the business. This rating has decreased by -2% over the last 12 months.

According to anonymously submitted Glassdoor reviews, CIT employees rate their compensation and benefits as 3.3 out of 5. Find out more about salaries and benefits at CIT. This rating has been stable over the past 12 months.

64% of CIT employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated CIT 3.6 out of 5 for work life balance, 3.2 for culture and values and 3.1 for career opportunities.

According to reviews on Glassdoor, employees commonly mention the pros of working at CIT to be compensation, benefits, coworkers and the cons to be senior leadership, management, career development.

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Glassdoor has 696 CIT reviews submitted anonymously by CIT employees. Read employee reviews and ratings on Glassdoor to decide if CIT is right for you.