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

- Ellen R. Alemany Appointed Chief Executive Officer and President of CIT Bank, N.A.

- Award Recognizes Fesq for His Work to Enhance CIT’s Data Management to Comply with New Regulatory Requirements

- Exploring Strategic Alternatives for $10 Billion Commercial Air Business

- CEO John Thain to Retire on March 31, 2016; Will Continue as Chairman of the Board of Directors

- CIT’s Total Assets Increase to More Than $65 Billion; Total Deposits Increase to More Than $30 Billion1

Acquisition Expected to Close on August 3, 2015

Will Offer Business Insights and Commentary on Issues Affecting the Small Business, Middle Market and Transportation Sectors

Acquisition Advances CIT’s Bank Strategy

Expands Small Business and Middle-Market Lending and Leasing Capabilities Through Proprietary Online Lending Platform

Ken Brause Named Chief Financial Officer of North American Commercial Finance

Santa Fe, Mexico Location Offers Greater Proximity To Customers and Additional Room for Future Growth

Ernest Health CEO Darby Brockette Featured in Inaugural Video

Webcast Scheduled for 9:30 AM EDT

Portmanteau-Based Campaign Highlights the ‘Growmentum’ of CIT and the ‘Dealpertise’ Brought to Its Small Business and Middle Market Customers