NEW YORK, July 8, 2020 /PRNewswire/ -- CIT Group Inc.
(CIT) today announced that it has joined together with its
customers on its Acts of Caring program to support critical needs
in communities across the country. CIT invited customers to
nominate a need in their hometown and share how the company could
support those efforts on their behalf. Ten projects were selected
and will be fulfilled this summer.
The customer program follows a month long social good project
where CIT employees completed more than 3,000 Acts of Caring and
dedicated nearly 5,000 hours in support of causes such as COVID-19
relief, addressing food insecurity, improving the environment and
advancing social and economic justice.
Building on this momentum, CIT will work with the following
nonprofit organizations over the coming weeks to fulfill the needs
identified by its customers. Additionally, the company will double
its efforts with the organization from the following list that
receives the most support from stakeholders. To learn more
about the organizations and participate in the poll, visit
cit.com/ActsOfCaring.
- A New Way of Life Reentry Project – CA
- The Arc of the Bay – FL
- Flushing Council on Culture and the Arts – NY
- Mission 22 – OR
- Musical Arts Institute – IL
- The NAACP Ventura County – CA
- Table to Table – NJ
- Tarzana Community and Cultural Center – CA
- Three Square Food Bank – NV
- Upward Bound House – CA
"Each summer the CIT team turns its time and talents to giving
back, and we know the needs are even greater this year," said CIT
Chief Marketing and Communications Officer Gina Proia. "The Acts of Caring program started
as a way to simply and safely mobilize our team to do something
good, from wherever they were. That led to a movement of 3,000
positive actions, which was only the beginning. With the input of
our customers, we are building on this momentum to support tangible
community needs that advance inclusion, economic and social
justice, sustainability and food security."
Acts of Caring
In June, CIT modified its annual employee volunteer initiative,
CIT Cares Month, to reflect the needs of the current environment
and introduced Acts of Caring – a program that is simply focused on
doing something good, wherever you are.
Many of CIT's volunteer hours directly benefitted COVID-19
relief and front-line workers, and over 30% of volunteer hours were
dedicated to basic needs and hunger relief. Additional notable
causes included clean-up of the environment, support of economic
and social justice and development for at-risk youth.
Learn more about CIT's Acts of Caring at
cit.com/ActsOfCaring.
About CIT
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.
MEDIA RELATIONS:
Susan Fitzpatrick
212-461-7806
Susan.Fitzpatrick@cit.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/cit-joins-with-customers-to-deliver-acts-of-caring-to-communities-301090344.html
SOURCE CIT Group Inc.