Cit Bank Div of First Citizens Bank Unites Two Financial Brands

The Cit Bank division of First Citizens Bank is a significant development in the financial sector.

First Citizens Bank acquired the CIT Bank division in 2022, expanding its presence in the US market.

This acquisition marked a major milestone for First Citizens Bank, solidifying its position as a leading financial institution.

The CIT Bank division brings a new range of financial products and services to the First Citizens Bank family, enhancing customer offerings.

CIT Group is now a division of First Citizens Bank, a merger that has created a top 20 US financial institution with over $100 billion in assets. This significant move has given birth to a new entity, one that promises to provide a one-stop financial destination for personal, business, commercial, and wealth products and services.

The merged entity is the largest family-controlled bank in the nation, continuing a legacy of strength, stability, and long-term thinking that has spanned generations. This legacy is built on a foundation of trust and reliability, values that are essential for any financial institution.

First Citizens and CIT are building a stronger and better bank for their customers, one that offers greater convenience and value. This is a bank that is committed to long-term thinking, not just short-term gains.

First Citizens Bank Offers Tax Equity investments in renewable energy projects. This is a new product introduced by its Energy Finance business to help finance renewable energy projects.

First Citizens Bank's Energy Finance business is making it possible for investors to participate in renewable energy projects. This is a great opportunity for those looking to invest in sustainable energy sources.

The bank's new tax equity investment product is designed to help finance renewable energy projects. It's a way for investors to support the growth of renewable energy while potentially earning a return on their investment.

First Citizens Bank is taking a significant step in supporting the development of renewable energy projects. This move is expected to have a positive impact on the environment and the economy.