Advances strategic plan to enhance funding profile, expand middle market banking capabilities and create shareholder value

- Priorities include security, data analytics and artificial intelligence

Four-year community reinvestment plan advances CIT Bank and Mutual of Omaha Bank's combined commitment to low and moderate-income communities and communities of color

- Enhances and diversifies CIT's funding profile with Mutual of Omaha Bank's market-leading homeowners association banking business, a source of scalable lower-cost deposits

Company simplifies and refreshes its market position following multi-year transformation

Supports focus on simplification efforts and enhancing digital experience

Steve Solk to lead growth of Consumer Banking; George Cashman to retire

Top Priorities Include Overseeing Programs Focused on Consumer Protection, Fair Lending and Anti-Financial Crimes

Advancing Branding and Marketing Strategies Are Top Priorities

Online Heavy and Store Light; Many Express Clear Strategic Focus on the Growth of Digital Interactions

He Brings Deep Banking and Regulatory Experience to CIT

Will Drive Business Growth and Continue Delivery of Superior Customer Service

Advancing Strategies to Develop Talent and Corporate Culture Are Top Priorities

- Will Lead CIT Commercial Services Activities in the Western United States

CIT Executive Shares Insights on State of the Retail Sector

- Leveraging its Success in Large and Small Cap Restaurant Franchise Financing, CIT Has Announced The Launch of A Mid-Cap Practice

Banking Industry Executive to Lead Technology Transformation

Additional Strategic Appointments Made to Originations, Underwriting and Asset Management Roles

Banking Veteran to Lead Growth Initiatives in California

- Roadmap to Achieve 10 Percent Return on Tangible Common Equity (ROTCE) by 2018

Conference Call and Audio Webcast Scheduled for 8:00 AM EDT

Expands Team with Industry Leaders in Originations, Underwriting and Asset Management

- Ellen R. Alemany to Serve as Chairwoman

CIT and the California Fashion Association Release Third “L.A. Area Fashion Industry Profile,” Featuring Inaugural L.A. Apparel Survey