OneWest Bank, CIT’s Southern California retail bank division, launched a new small business banking promotion for both new and established businesses across Southern California. Business banking customers can earn up to $600 by opening an eligible checking account, savings account and by financing equipment for their businesses.

“OneWest is pleased to put money back into the pockets of small businesses so they can better serve local residents,” said Heather Ellison, senior vice president of Retail Banking for OneWest Bank. “This effort demonstrates our commitment to helping businesses thrive across the communities where we live and work.”

OneWest offers a competitive range of products and account features designed to empower local small businesses including OneBusiness Interest Checking and Money Market Savings accounts, which are part of this promotion. OneWest also enables customers to apply for equipment financing through its parent company.

“Investing in new equipment is often essential to growing or maintaining a small business,” continued Ellison. “Through our partnership with CIT’s small business solutions team, we’re now able to provide convenient access to equipment financing as an added resource for local businesses,” continued Ellison.

OneWest Bank’s promotion runs through 2019.