CIT Group’s annual partnership with Feeding America helped provide 2 million meals to people in need this holiday season. With the support of its customers, employees and followers, CIT brought awareness to the pressing issue of food insecurity across the country. read more

DEC 21, 2020 - 6:38 am

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

OCT 19, 2020 - 6:57 am

CIT Group’s healthcare finance group provided a $20 million senior secured credit facility for Protech Home Medical, a home medical equipment industry focused on end-to-end respiratory care. read more

SEP 22, 2020 - 5:35 am

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

SEP 2, 2020 - 7:13 am

CIT Group's Power and Energy business served as coordinating lead arranger on a $266 million financing for Longroad Energy’s 331-megawatt Prospero 2 solar project in Andrews County, Texas. read more

AUG 27, 2020 - 6:38 am

CIT Group’s power and energy unit served as sole lead arranger on a $162 million financing for the East Blackland solar project in Travis County, TX. read more

AUG 19, 2020 - 6:45 am

CIT Group’s Maritime Finance business, part of its Commercial Finance division, served as sole lead arranger on $28 million refinancing for Valloeby Shipping. read more

AUG 14, 2020 - 7:12 am

CIT Group’s Power and Energy business served as lead arranger for approximately $185 million in financing for a 66-megawatt portfolio of community solar projects. read more

AUG 11, 2020 - 6:53 am

CIT Group made a donation that will completely furnish 10 temporary housing apartments for Upward Bound House, an organization working to eliminate homelessness among families with children in Los Angeles. read more

AUG 10, 2020 - 6:52 am

CIT’s healthcare finance unit provided a $25 million loan supporting Seavest Healthcare Properties' acquisition of the MLK Community Hospital Medical Office Building in Los Angeles. read more

JUL 30, 2020 - 7:22 am

CIT Group’s Power and Energy business served as lead arranger on a $118.5 million financing for the utility-scale Harts Mill Solar project in Edgecombe County, NC. read more

JUL 8, 2020 - 6:40 am

CIT Group’s Power and Energy unit served as sole lead arranger on an $85 million financing for the 80-megawatt Pioneer Solar project near Denver. read more

JUN 25, 2020 - 6:45 am

CIT Group won three Stevie American Business Awards for business excellence, including a Gold award for Achievement in Management – Banking, a Silver award for FinTech Solution and a Silver award for Corporate Social Responsibility Program of the Year. read more

MAY 28, 2020 - 6:40 am

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

MAY 27, 2020 - 6:30 am

Lenovo extended its relationships with CIT and LBC Capital. CIT will continue to provide vendor financing solution for U.S. clients of the Lenovo Financial Services program and LBC Capital will continue as the program’s exclusive lessor program in Canada until 2023. read more

MAY 22, 2020 - 6:55 am