Online banking is booming for CIT Bank.

The financial services company yesterday reported that it had secured $11.1 billion in new deposits last quarter, of which $6 million, or 54%, came through the online channel. During the same quarter in 2012, but 20% of CIT Bank’s deposits came from its online venture. Online deposits have grown 34% over last year and 11% over last quarter.

While overall deposits CIT have been uneven — rising $1.1 billion or 11% over last year, but dropping $1.9 billion or 15% from last quarter – online deposits for CIT Bank have seen steady growth.

CIT launched its online bank in 2011. The online bank is located at www.bankoncit.com.