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Venture capital firm

CIT Group

Bank division providing equipment financing, treasury management and capital-raising services to businesses

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About CIT Group

CIT Group is now a division of First Citizens Bank. It offers banking and finance services to businesses and to individual savers, using digital technology and sector knowledge.

What CIT Group does

  • Equipment financing: funds essential equipment for small, mid-size and larger businesses.
  • Vendor finance: technology-enabled programmes that help suppliers finance business equipment sales.
  • Treasury management: services to improve cash flow, cut costs and lower risk.
  • Capital raising: raises capital for clients and distributes loans and other debt and equity products to investors.
  • Savings and mortgages: deposit accounts and fixed-rate home loans for individuals.

Who it serves

Small, mid-size and larger businesses, along with community and consumer customers.

Key facts

  • Ownership: division of First Citizens Bank
  • Regulation: deposits protected under the FDIC scheme through the parent bank

Profile written by TrustList from the business's own published information, Oct 2026.

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