CIT : Sponsors “Images Of Danville, Past and Present” Exhibit at Bobby Carlsen Photography Studios

NEW YORK - CIT Group Inc. (NYSE: CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that the public is invited to view a specially commissioned collection of historic and new photography of the Danville area. The collection, entitled 'Images of Danville, Past and Present,' was commissioned by CIT and was curated by local photographer Bobby Carlsen. It features restored historic images and new photography by Carlsen, and will be on display on Thursday, May 12 and Friday, May 13from 10:00 a.m. to 6:00 p.m.at Bobby Carlsen Photography Studios, 312 Main Street, Suite 200, in Danville, Virginia. Following the exhibit, the collection will be permanently housed at the CIT office in Danville, which was recently renovated as part of a 15-year lease renewal commitment by CIT.

Rita Fletcher, Executive Vice President, Chief Operating Officer, CIT Commercial Services, said, 'CIT recently undertook a comprehensive renovation of the Danville facility as part of our lease renewal. As part of the renovation, we sought new artwork for the facility. Rather than use mass-market images, we partnered with local photographer Bobby Carlsen to showcase the Danville area's rich history and vibrant present-day community, as well as CIT's presence in the region throughout the years. This collection is unique to the Danville region and CIT, and we are proud that it will be permanently housed at our Danville office.

CIT has been an important part of the Danville community for decades. Predecessor companies have had a presence in the Danville area since 1971, and CIT has been active in the Danville area, at the current facility, since 1989. CIT currently employs more than 180 staff members at its Danville facility.

CIT thanks the Danville Historical Society and the Schoolfield Museum for contributing photographs of historical significance that were digitally restored by Carlsen.

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About CIT

Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $65 billion in assets. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has more than $30 billion of deposits and more than $40 billion of assets. It provides financing, leasing and advisory services principally to middle market companies across a wide variety of industries primarily in North America, and equipment financing and leasing solutions to the transportation sector. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. cit.com

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CIT MEDIA RELATIONS:
Matt Beighley
Assistant Vice President
(212) 461-5619
Matthew.Beighley@cit.com