CIT Group Related Content

CIT Donates 2 Million Meals to Fight Hunger

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

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

CIT Provides $20MM Credit Facility for Protech Home Medical

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

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 Leads $266MM Financing for Prospero 2 Solar Project

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

CIT Leads $162MM Financing for Texas Solar Plant

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

CIT Serves as Sole Lead Arranger on $28MM Maritime Financing

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

CIT Arranges $185MM Financing for Community Solar Portfolio

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

CIT Supports Homeless Families in LA with Grant to Upward Bound House

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

CIT Provides $25MM Financing for MLK Community Hospital Medical Office Building

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

CIT Leads $118.5MM Financing for North Carolina Solar Project

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

CIT Leads $85MM Financing for 80-Megawatt Pioneer Solar Project

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

CIT Wins Three Stevie American Business Awards

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

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

Lenovo Extends Financial Services Program with CIT, LBC Capital

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

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