CIT Group won three Stevie American Business Awards for business excellence. The awards included a gold award for achievement in management – banking and silver awards for fintech solution and corporate social responsibility program of the year.
“Empowering our customers, employees and communities is a CIT hallmark,” Ellen R. Alemany, chairwoman and CEO of CIT, said. “We appreciate this recognition as a reflection of our commitment to excellence.”
CIT’s gold award for achievement in banking management was received for the leadership of CIT’s power and energy team in financing renewable power projects and utility-scale battery storage projects across the U.S.
The silver award for fintech solution was won by CIT’s small business solutions unit for its point-of-sale lending platform, a B2B digital solution that offers customers real-time financing for their purchases.
CIT’s silver award for corporate social responsibility program of the year in the large business category came in recognition of CIT’s One Million Meals campaign, a partnership with Feeding America that brought customers, employees and social media followers together in the fight against hunger. In its second year, the campaign ultimately exceeded its original target by 50% to deliver 1.5 million meals to people in need.
The Stevie American Business Awards is a business awards program in the U.S. More than 3,600 nominations were submitted this year for consideration in a range of categories.
“Despite the toughest business conditions in memory, American organizations continue to demonstrate their commitment to innovation, creativity and bottom-line results,” Maggie Gallagher, president of the Stevie Awards, said. “This year’s Stevie-winning nominations are full of inspiring stories of persistence, ingenuity, resourcefulness and compassion. We celebrate all of their stories and look forward to showcasing them during our virtual awards ceremony on August 5.”