Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $35 billion in financing and leasing assets. It provides commercial financing and leasing capital and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions in small business and middle market lending, factoring, retail finance, aerospace, equipment and rail leasing, and vendor finance.
CIT also operates CIT Bank (Member FDIC), its primary bank subsidiary, which, through its internet bank BankOnCIT.com, offers a suite of savings options designed to help customers achieve a range of financial goals. – less