PASADENA, Calif., Dec. 7, 2017 /PRNewswire/ -- OneWest Bank,
CIT Group Inc.'s (NYSE: CIT) Southern
California branch bank, today announced that Heather Ellison has joined the company as senior
vice president and head of the retail branch banking channel. She
succeeds Terri Decker, who has
elected to retire in March of 2018.
In this position, Ellison will oversee OneWest Bank's 70 branch
network spanning from San Diego to
Ventura County and drive the
retail banking strategy. She will report to Steve Solk, president of Consumer Banking.
"We are pleased to have Heather join the team," said Solk. "Her
broad experience in branch banking and the Southern California market will help us
advance our consumer banking growth strategy as CIT continues its
evolution and strengthens its deposit franchises."
Solk continued, "I want to thank Terri for her many
contributions to CIT and our OneWest Bank franchise. She and
Heather will embark on a smooth transition period over the coming
months to ensure that we continue to advance our plans and service
our customers."
Ellison joins CIT from JPMorgan Chase where she was most
recently the Southwest regional director for consumer banking and
wealth management. Prior to that position, Ellison served as market
director and oversaw $3 billion in
assets, including six of the company's top branches. Prior to
joining JPMorgan Chase, Ellison spent 14 years with Wells Fargo in
several roles, including as a district manager, branch manager and
financial advisor.
About CIT
Founded in 1908, CIT (NYSE: CIT) is a
financial holding company with approximately $50 billion in assets as of Sept. 30, 2017. 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. CIT provides
financing, leasing, and advisory services principally to
middle-market companies and small businesses across a wide variety
of industries. 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. For more
information visit cit.com.
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CIT MEDIA RELATIONS:
Olivia Weiss
(212) 771-9657
olivia.weiss@cit.com
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SOURCE CIT Group Inc.