Ellen R. Alemany Archives

First Citizens Completes Merger with CIT

First Citizens BancShares, parent company of First Citizens Bank, completed its previously announced merger with CIT.

Federal Reserve Approves Merger of First Citizens and CIT

The board of governors of the Federal Reserve approved the previously proposed merger of First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank.

FDIC Approves Proposed Merger of First Citizens and CIT

The Federal Deposit Insurance Corporation approved the proposed merger of First Citizens BancShares, the parent company of First Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank.

First Citizens and CIT Receive Stockholder Approval to Merge

First Citizens BancShares, the parent company of First Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank, jointly received stockholder approval to merge companies.

February 10, 2021 CIT | Ellen R. Alemany | First Citizens | Frank B. Holding Jr. Phil Neuffer

First Citizens and CIT to Merge

First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank, will combine in an all-stock merger of equals to create the 19th largest bank in the United States based on assets.

CIT Chairwoman and CEO Alemany Receives Leadership Legacy Award

Ellen R. Alemany, chairwoman and CEO of CIT, received the Leadership Legacy Award from the Center for Executive Succession at the University of South Carolina’s Darla Moore School of Business Center.

CIT Completes Sale of Wealth Management Business to FirstSun Capital Bancorp

FirstSun Capital Bancorp, through its subsidiary Sunflower Bank, acquired CIT’s trust and wealth advisory business, effective Sept. 1.

CIT Wins Three Stevie American Business Awards

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.

May 28, 2020 CIT | Ellen R. Alemany | Maggie Gallagher | Stevie American Business Awards Phil Neuffer

Hubbard Joins CIT as General Counsel

CIT Group named James R. Hubbard its general counsel and corporate secretary, effective March 18, 2019. Hubbard will join CIT’s Executive Management Committee and report to Chairwoman and CEO Ellen R. Alemany.

March 15, 2019 CIT Group | Ellen R. Alemany | James R. Hubbard Amanda Koprowski

CIT Reveals New Brand Identity; Direct Capital Brand to be Retired

CIT Group revealed a simplified and refreshed brand identity aimed at presenting a more cohesive market presence following a multi-year transformation of the company. The effort includes a new marketing campaign, tagline and website reflecting CIT’s consumer and commercial businesses.

November 16, 2018 CIT Group | Ellen R. Alemany Amanda Koprowski

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