CIT has over 100 years of experience in helping business owners and individuals achieve their dreams. Founded in 1908 by Henry Ittleson, CIT has grown over time and taken on innovations and technology to bring forth successful developments within the company. Today CIT is a leading national bank, CIT believes in turning ideas into outcomes. Whether you are growing your business, building your savings, or seeking that next equipment purchase, they have products that align with your goals.
They take social responsibly and corporate governance seriously and make sure that both reflect company values that set a framework that helps guide employees to perform at a high standard. They understand the efforts needed to invest back into the communities to support sustainability and create a workplace that provides opportunities to grow and develop. Their commitment to maintaining best-in-class corporate governance practices ensures that there are integrity and trust between themselves and their clients.
Their commercial banking segment includes commercial financing, which provides lending and leasing management services to small and middle-market businesses across the nation. Clients have the option of using their treasury management products to help with cash flow, cost reductions, and protection against fraud. CIT also delivers solutions for business capital, real estate finance, and railcar assets. Their consumer’s banking segment involves their nationwide direct bank and offers products that drive value for customers with competitive deposit products to achieve savings targets. OneWest Bank is a division of CIT Bank, N.A., and serves as a regional branch network in Southern California and carries a full suite of banking and lending services for both personal and business banking.
CIT has recognized the unsettling times that have been brought upon by the COVID-19 pandemic. To help provide immediate relief packages to New York City and L.A. County, CIT has committed $1 million to support communities affected by COVID-19. Their financial support is also helping clients supply protective masks to consumers and healthcare workers.
Not only are they determined in their efforts with helping communities in need, but they are also providing support for their clients. Until further notice, no action will be taken regarding the exceeding of customary six-transfer or withdrawal limit; customers are also to conduct unlimited transfers and withdrawals on their savings and money market accounts.
For those customers who have been impacted by COVID-19, there are options like waiving fees for ATMs, overdrafts, and early withdrawals on Certificates of Deposits. Call 866-351-5646 for more information. Similarly, mortgage customers are encouraged to reach out if they require assistance and are able to discuss forbearance and other options. For mortgage inquires call 877-471-7896, Monday through Friday from 9 am to 8 pm (ET).
CIT are taking enhanced cleaning measures and complying with social distancing protocols. Not all branches are fully operating and lobby traffic is limited to only five customers at a time. Drive-thru branches will be providing service via drive-thru only and operating Monday through Friday from 10 am to 2 pm. However, their call centers are available for customers seeking help. More contact details can be found on their website.