 Company logo since 2018 | |
| Company type | Subsidiary |
|---|---|
| Industry | Banking Financial services |
| Founded | 1908 in St. Louis, Missouri |
| Founder | Henry Ittleson |
| Headquarters | 11 West 42nd Street, New York, New York, USA |
Area served | North America |
Key people | Ellen Alemany (Chairwoman & CEO) John Fawcett (CFO) Robert Rubino (President of CIT Bank) |
| Products | Commercial banking Retail banking Asset-based lending Commercial mortgages Factoring Locomotive leasing |
| Parent | First Citizens BancShares |
| Website | cit |
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CIT Group (CIT), a subsidiary of First Citizens BancShares, is an American financial services company. It provides financing, including factoring, cash management, treasury management, mortgage loans, Small Business Administration loans, leasing, and advisory services principally to individuals, middle-market companies and small businesses, primarily in North America. Under the reporting mark CEFX, it leases locomotives and railroad cars to rail transport and shipping companies in North America. It also operates a direct bank. In January 2022, CIT was acquired by First Citizens BancShares.