The overwhelming success of our inaugural food drive in Danville highlights the important role community service plays in the lives of our employees
Danville, VA - CIT Group Inc. (NYSE: CIT) cit.com, a leading provider of financing and advisory services to small businesses and middle market companies, today announced that its Danville employees collected more than 25 tons of food (51,152 pounds) as part of its company-wide global initiative to fight hunger. The food will be donated to God's Storehouse, a non-profit food pantry that distributes food to those in need in Danville and Pittsylvania County and The Salvation Army of Danville.
“The overwhelming success of our inaugural food drive in Danville highlights the important role community service plays in the lives of our employees,” said Rita Fletcher, Executive Vice President and COO of CIT Trade Finance. “I am extremely proud of the generosity and passion of our employees who on average donated approximately 260 pounds of food each. Their devotion to this cause and their hard work during this drive is a testament to how each of us can make an impact in our communities."
Building on this strong foundation of giving, CIT offices around the world have been sponsoring similar Employee Food Drives throughout 2013 in addition to sponsoring local volunteer projects that support their neighbors and community organizations. Including these 25 tons, CIT’s global employees have collected and donated more than 85 tons of food and personal items this year alone.
Karen Harris, Executive Director of God’s Storehouse, said, “A recent report by the Department of Agriculture found nearly 10 percent of Virginians struggle to afford food. With so many people dependent on local food pantries to feed themselves and their families we’re dependent on the generosity of companies like CIT.”
Salvation Army Captain Karl Dahlin, added, “The Salvation Army pledges to do the most good with contributions of money, time and resources to directly assist people in need. The Danville employees of CIT embody this philosophy, as it’s through their generous donations that we’re able to support the more than 1 million Virginians who have trouble putting food on the table.”
View more photos of the event, go to cit.com/fooddrive
View CIT’s corporate overview video (cit.com/corporatevideo) that showcases our support of the small business, middle market and transportation sectors.
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About God’s Storehouse
God's Storehouse is a non-profit food pantry that was founded in 1987 by a group of local pastors and continues to be supported by over 100 churches in our community. Our mission is to distribute food to people in need in Danville and Pittsylvania County. godsstorehouse.org
About The Salvation Army
The Salvation Army, an evangelical part of the universal Christian church established in London in 1865, has been supporting those in need in His name without discrimination for 130 years in the United States. Nearly 30 million Americans receive assistance from The Salvation Army each year through the broadest array of social services that range from providing food for the hungry, relief for disaster victims, assistance for the disabled, outreach to the elderly and ill, clothing and shelter to the homeless and opportunities for underprivileged children. 82 cents of every dollar The Salvation Army spends is used to support those services in 5,000 communities nationwide. SalvationArmyDanvilleVa.org
About CIT Trade Finance
CIT Trade Finance is a leading provider of factoring services in the United States for companies that sell into retail channels of distribution. It provides accounts receivable factoring, trade credit protection, accounts receivable management and asset-based lending to manufacturers and importers. cit.com/tradefinance
Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $35 billion in financing and leasing assets. It provides financing, leasing and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions in middle market lending, factoring, retail finance, aerospace, equipmentand rail leasing, and vendor finance. CIT 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. cit.com
VP, Media Relations