First Citizens Bank completed its conversion of OneWest Bank to First Citizens’ operations and systems division. This conversion integrates OneWest Bank customer accounts into First Citizens products and services. read more

JUL 19, 2022 - 7:20 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

OneWest Bank, CIT's Southern California retail bank division, opened its new West Los Angeles location, which features modern technology and a customized branch design. read more

OCT 28, 2019 - 6:15 am

CIT Group, in partnership with the nonprofit Operation HOPE, kicked off the 12-week HOPE Inside program in Los Angeles, seeking to empower local women small business owners. read more

SEP 6, 2019 - 6:05 am

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’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

OneWest Bank, CIT’s Southern California branch bank, was named the best bank in California on MONEY’s Best Banks in America. For the second consecutive year, OneWest was recognized as a top regional bank. read more

OCT 31, 2017 - 6:45 am

OneWest Bank, a division of CIT Bank, provided a $100,000 grant to the COR Community Development, the non-profit of Christ Our Redeemer African Methodist Episcopal Church, located in Irvine, CA. read more

JUN 14, 2016 - 6:15 am

CIT Group’s $3.4 billion acquisition of OneWest Bank won approval from U.S. regulators after being delayed for almost one year. The merger will result in a combined business called CIT Bank. read more

JUL 22, 2015 - 6:33 am

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According to a report that appeared in the Los Angeles Times, the chief executives of CIT and OneWest Bank said the planned merger would be good for poor neighborhoods. read more

FEB 27, 2015 - 6:52 am

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According to a California Reinvestment Coalition news release, over 15,000 petitions were delivered to the Federal Reserve urging the Fed not to approve the proposed merger of CIT Group and OneWest Bank. read more

FEB 4, 2015 - 7:17 am

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Bloomberg reported that OneWest CEO Joseph Otting sent an e-mail to his contacts on Wall Street asking for help to discourage bank overseers from holding public hearings on its takeover by CIT. read more

JAN 12, 2015 - 12:40 am

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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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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

S&P views CIT’s pending OneWest Bank acquisition as like to improve CIT’s current credit profile, despite the fact that the transaction will weakening the company’s capital and raise integration and strategic risks and uncertainties. read more

JUL 24, 2014 - 7:06 am