OneWest Bank launched a new small business banking promotion in which customers can earn up to $600 by opening a checking account, savings account and by financing equipment for their business. read more

AUG 22, 2019 - 6:20 am

CIT announced the appointment of Elijah Kaplan to lead CIT Northbridge Credit business development efforts across the Northeast. read more

MAY 21, 2019 - 5:50 am

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

APR 24, 2019 - 6:50 am

Amna Mahmood has been promoted to managing director, national underwriting manager, in CIT’s Commercial Services business. read more

APR 1, 2019 - 6:15 am

CIT’s Southern California retail bank division, OneWest Bank, won a 2019 Gold Stevie Award in the category of Customer Service Success, Financial Service Industries. It is the bank’s second consecutive Stevie Award. read more

FEB 28, 2019 - 6:30 am

CIT joined the No. 10 Konica Minolta Cadillac DPi-V.R family as the exclusive banking sponsor. The announcement was made at the annual Roar Before the 24 Test Days at Daytona International Speedway. read more

JAN 7, 2019 - 6:35 am

As bank-owned equipment finance companies continue to dominate the industry, they must deal with the changing times. Executives from PNC, CIT, Key and Regions offer their views on 2017 and 2018 performance, tax reform, alternative financing, technology and credit quality in the current marketplace.... read more

July/August 2018

CIT Group added Jason Cha to its Communications & Technology Finance team in its Commercial Finance division. Cha began his career with the Leveraged Finance group at Lehman Brothers/Barclays Capital. read more

JUN 29, 2018 - 6:24 am

CIT Commercial Finance's Energy Finance unit served as sole lead arranger and administrative agent for approximately $79 million in financing for Onyx Renewable Partners. read more

MAY 8, 2018 - 6:37 am

CIT’s point-of-sale digital platform was named the winner of FinTech Breakthrough’s "Best Small Business Lending Solution" award. read more

MAY 7, 2018 - 2:14 pm

CIT’s Commercial Finance division's Energy Finance unit served as sole lead arranger and administrative agent for about $36 million in financing for Nordic Solar, a developer and owner of solar energy facilities. read more

APR 4, 2018 - 6:26 am

CIT Group named Sarah L. F. McAvoy to the corporate treasurer position, effective March 19. read more

MAR 13, 2018 - 1:25 pm

CIT announced three additions to its Equipment Finance division’s Office Imaging sales team. read more

MAR 8, 2018 - 8:37 am

CIT Healthcare Finance provided a $175 million senior secured credit facility to QMES, a distributor of durable medical equipment to patients in seven Mid-Atlantic and Northeastern states. read more

MAR 6, 2018 - 2:46 pm

The top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 3,015 office equipment related filings during the month of December 2017. read more

FEB 8, 2018 - 7:03 am