In response to unprecedented need, CIT doubled its annual commitment
Submitted by CIT
NEW YORK – December 16, 2020 /CSRwire/ – CIT Group Inc’s (NYSE: CIT) annual partnership with Feeding America® has helped provide Two Million Meals to people in need this holiday season. With the support of its customers, employees and followers, the company brought awareness to the pressing issue of food insecurity across the country.
“We’re grateful to all those who supported this effort as communities struggle to meet the demands of hunger in the midst of the pandemic,” said CIT Chief Marketing and Communications Officer Gina Proia. “Two Million Meals will make a meaningful impact to people who need it most this holiday season.”
Individuals participated in the Two Million Meals campaign by engaging with content on CIT’s LinkedIn, Facebook, Twitter and Instagram pages. The company also contributed meals for every equipment loan financed, and for every new eStatement sign-up at CIT’s direct bank. Additional meals were also donated for every qualifying checking account opened at OneWest Bank, CIT's Southern California branch network.
Since starting its partnership with Feeding America in 2018, CIT has helped provide five million meals to people in need.
“We are thankful for the commitment put forth by CIT in response to a growing need for food assistance across the country,” said Lauren Biedron, Vice President of Corporate Partnerships at Feeding America. “Their support has made a lasting impact on the Feeding America network of food banks and the communities they serve.”
Feeding America is a nationwide network of 200 local food banks and 60,000 food pantries and meal programs that together serve more than 40 million people each year.
CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network. Discover more at cit.com/about.
Note: $1 helps provide at least 10 meals secured by Feeding America® on behalf of local member food banks. CIT will donate up to 2 million meals.
CIT is a division of First Citizens Bank, the largest family-controlled bank in the United States, continuing a unique legacy of strength, stability and long-term thinking that has spanned generations. Parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $100 billion in assets. The company's commercial banking segment brings a wide array of best-in-class lending, leasing and banking services to middle-market companies and small businesses from coast to coast. First Citizens also operates a nationwide direct bank and a network of more than 600 branches in 22 states, many in high-growth markets. Industry specialists bring a depth of expertise that helps businesses and individuals meet their specific goals at every stage of their financial journey. Discover more at cit.com/firstcitizens.
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