CIT Group Inc. (NYSE: CIT) cit.com, a leading provider of financing and advisory services to small businesses and middle market companies, today announced that its Livingston-based employees have donated more than 30 tons (60,000 pounds) of food as part of its inaugural company-wide global initiative to fight hunger. The food will be donated to Morris Plains, NJ-based Interfaith Food Pantry and is expected to provide approximately 50,000 meals to families in New Jersey. This effort will be added to the 87 tons (174,000 pounds) of food and personal items previously donated by CIT’s Jacksonville, Florida employees over the last seven years during their annual food drive. Building on this strong foundation of giving, CIT offices around the world will sponsor similar Employee Food Drives throughout 2013 in addition to continuing to sponsor local volunteer projects that support their neighbors and community organizations.
Established in 1994, New Jersey’s Interfaith Food Pantry was formed when a group from local houses of worship decided to address the growing issue of hunger by consolidating their food assistance programs. As a non-denominational, non-profit 501(c)(3) organization, the Pantry helps families make ends meet by supplementing their monthly groceries in times of need.EDITOR’S NOTES Photos of the Livingston Annual Employee Food Drive can be downloaded at cit.com/fooddrive. View this video, which highlights the Annual Employee Food Drive in Jacksonville, FL. Follow us on Twitter: @citgroup, on Facebook: facebook.com/citgroup, and on LinkedIn: LinkedIn.com/company/cit. Individuals interested in receiving corporate news releases can register at cit.com/newsalerts or subscribe to the RSS feed at cit.com/rssfeed. About Interfaith Food Pantry The Interfaith Food Pantry provides food and groceries to eligible Morris County residents. Applications are taken and food is given to anyone in need. The Pantry's clients are primarily senior citizens living on fixed incomes and low-income working families in Morris County. Groceries are provided to anyone in need that has appropriate facilities to cook the food given. Current clients include senior citizens, disabled individuals, low-income wage earners, unemployed workers and families in crisis. Each family is allowed to visit the Pantry monthly where they shop off the Pantry shelves, selecting what they need for their family. Fresh vegetables and meat are distributed when available. mcifp.org About CIT Founded in 1908, CIT (NYSE: CIT) is a bank holding company with more than $33 billion in financing and leasing assets. A member of the Fortune 500, it provides financing and leasing capital and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions in small business and middle market lending, factoring, retail finance, aerospace, equipment and rail leasing, and global vendor finance. CIT also operates CIT Bank (Member FDIC), its primary bank subsidiary, which, through its online bank BankOnCIT.com, offers a suite of savings options designed to help customers achieve a range of financial goals. cit.com