CIT, CRC, NCRC Launch $7.75B Community Benefits Plan

CIT Group has launched a community benefits plan developed in collaboration with the California Reinvestment Coalition and the National Community Reinvestment Coalition. read more

NOV 4, 2019 - 6:15 am

CIT Said to Benefit from Loss Coverage in OneWest Bank Deal

According to a LA Times report, CIT stands to collect more than $1.4 billion from federal regulators to cover future losses if its purchase of OneWest Bank be approved. read more

DEC 16, 2014 - 7:37 am

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CA Coalition to Oppose CIT, OneWest Merger

The California Reinvestment Coalition, an organization that advocates for banks to do more for low-income communities, is calling for federal regulators to do their job in reviewing a proposal by CIT Group to acquire OneWest Bank. read more

OCT 8, 2014 - 7:25 am