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    CIT Bank Employees Contribute Nearly 7 Tons of Food During Employee Food Drive
    Proceeds Will Provide More Than 11,000 Meals for Utah Food Bank
    Tuesday, September 2, 2014 08:25 AM
    This donation will have a significant impact on the lives of those Utah residents who utilize our services. We are grateful for the support of CIT Bank and its employees and encourage others to follow their lead and consider making donations themselves.

    SALT LAKE CITY, UT — CIT Bank, the U.S. commercial bank subsidiary of CIT Group Inc. (NYSE: CIT) cit.com, a leading provider of commercial lending and leasing services, today announced that its Salt Lake City-based employees raised nearly $3,200 for Utah Food Bank as part of the company’s broader Shared Harvest global food drive program. This dollar amount equates to nearly 7 tons of food (13,419 pounds or 11,200 meals) for Utah Food Bank, a non-profit that provides food to a statewide network of 130 emergency food pantries and agencies.

    “I’m proud of our employees’ generosity in raising funds for those in need,” said Randall Chesler, President of CIT Bank. “Utah food banks remain at critically low levels. With one in six Utah residents at risk of missing a meal each day, it is important to support organizations that provide food to those in need.”

    Ginette Bott, Chief Development Officer of Utah Food Bank, said, “This donation will have a significant impact on the lives of those Utah residents who utilize our services. We are grateful for the support of CIT Bank and its employees and encourage others to follow their lead and consider making donations themselves.”

    For individuals interested in donating food items or making a cash donation, or for businesses interested in hosting a food drive, please call 801-978-2452 or contact fooddrive@utahfoodbank.org.

    EDITOR’S NOTE:
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    About Utah Food Bank
    Utah Food Bank provides food to a statewide network of 130 emergency food pantries and agencies. Last fiscal year, Utah Food Bank distributed 36.3 million pounds of food and goods, the equivalent of approximately 28.4 million meals for families and individuals in need. Utah Food Bank also served over 202,000 Kids Cafe meals, delivered more than 41,000 food boxes and filled more than 69,000 kids’ backpacks for hunger-free weekends. utahfoodbank.org

    About CIT Bank
    Founded in 2000, CIT Bank (Member FDIC, Equal Housing Lender) is the U.S. commercial bank subsidiary of CIT Group Inc. (NYSE: CIT). It provides lending and leasing to the small business, middle market and transportation sectors. CIT Bank (BankOnCIT.com) offers a variety of savings options designed to help customers achieve their financial goals. As of June 30, 2014, it had approximately $14 billion of deposits and more than $18 billion of assets. cit.com/CITBank

    About CIT
    Founded in 1908, CIT (NYSE: CIT) is a financial holding company with approximately $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 lendingfactoringretail and equipment finance, as well as aerospaceequipment and rail leasing. CIT’s U.S. bank subsidiary CIT Bank (Member FDIC), BankOnCIT.com, offers a variety of savings options designed to help customers achieve their financial goals. cit.com 

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    CIT MEDIA RELATIONS:
    C. Curtis Ritter
    Director of Corporate Communications
    (973) 740-5390
    Curt.Ritter@cit.com

    Matt Klein
    VP, Media Relations
    973-597-2020
    Matt.Klein@cit.com

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