CIT is a major global bank concentrating on enabling the financial resilience of companies and private savers to manage their objectives. CIT Group Inc. (NYSE: CIT) is a commercial investment firm with more than a number of centuries running a division of the main bank, CIT Bank, N.A. (FDIC Founder, Lender for Equal Accommodation). The organization's business banking division comprises commercial lending, cooperative association banking, financial advisory banking, funding of equipment, and suppliers. It also includes factoring, funding railcars, treasury and transactions processing, and managing financial markets and assets. A nationwide direct bank and local branch network are included in the consumer banking section of CIT.
As Henry Ittleson discovered a method for making funding available to firms near St. Louis, Missouri, CIT started founded in 1908. CIT was quickly carving pathways around the nation, through Canada and abroad. Financing stays at the core of the business after 75 years. Yet inventions undiscovered a century ago are being created by time and practice. True to its groundbreaking heritage, CIT remains the engine of opportunity, supplying consumers across the globe with new opportunities and different ideas..
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