CIT Bank Related Content

First Citizens and CIT Extend Merger Agreement

First Citizens BancShares, the parent company of First-Citizens Bank & Trust, and CIT Group, the parent company of CIT Bank, agreed to extend their merger agreement from Oct. 15, 2021, to March 1, 2022. read more

FDIC Approves Proposed Merger of First Citizens and CIT

The Federal Deposit Insurance Corporation approved the proposed merger of First Citizens BancShares, the parent company of First Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank. read more

First Citizens and CIT to Merge

First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank, will combine in an all-stock merger of equals to create the 19th largest bank in the United States based on assets. read more

LEADERSHIP PHILOSOPHIES: A Conversation with Eight Top Executives

What does it take to lead one of the top companies in the equipment finance industry? Guest Editor Bill Verhelle sits down with the leaders of several successful Monitor 100 companies to talk about their approaches to leadership and how they are guiding their teams through the COVID-19 pandemic.... read more

CIT Completes Sale of Wealth Management Business to FirstSun Capital Bancorp

FirstSun Capital Bancorp, through its subsidiary Sunflower Bank, acquired CIT’s trust and wealth advisory business, effective Sept. 1. read more

CIT Tenders Offer to Purchase 2.969% Senior Unsecured Fixed-to-Floating Rate Notes

CIT Bank has commenced a cash tender offer to purchase its 2.969 % Senior Unsecured Fixed-to-Floating Rate Notes due 2025. read more

CIT Completes Acquisition of Mutual of Omaha Bank

CIT Bank completed the acquisition of Mutual of Omaha Bank, bringing its total assets to $60 billion. read more

CIT Group Invites Small Biz Partners to Help Feed America

CIT Group, in partnership with Feeding America, launched its second annual One Million Meals campaign to fight hunger this holiday season. read more

OCC Approves CIT Acquisition of Mutual of Omaha Bank

The Office of the Comptroller of the Currency has provided regulatory approval for the merger of Mutual of Omaha Bank into CIT Group's banking subsidiary, CIT Bank. read more

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

CIT: Saving Brings More Happiness than Spending

Two-thirds of U.S. consumers believe saving money brings more happiness than spending it, according to CIT Bank's new Financial Bliss Survey conducted by The Harris Poll. read more

CIT Names Bagatelle Eastern Head of Relationship Commercial Banking

David S. Bagatelle joined CIT Group as a managing director and will lead the relationship commercial banking activity in the Eastern region. read more

CIT Names Robbins President of Asset Management

Philip Robbins joined CIT Group as the president of Asset Management and Capital Markets. Robbins will also serve on the company’s Executive Management Committee. read more

CIT to Acquire Mutual of Omaha Bank

CIT Group and Mutual of Omaha signed a definitive agreement for CIT Bank to acquire Mutual’s savings bank subsidiary, Mutual of Omaha Bank, for a purchase price of $1 billion. read more

CIT Reports $119MM in Net Income for Q1/2019

CIT’s first quarter net income available to common shareholders and income from continuing operations available to common shareholders were each $119 million or $1.18 per diluted common share. read more

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