JACKSONVILLE, Fla.,
July 27, 2020 /PRNewswire/ -- CIT
Group Inc. (CIT) today announced that it has made a donation to The
Arc of the Bay, a nonprofit
organization based in Lynn Haven,
FL that provides support and opportunities for adults with
disabilities. The donation supports the organization's Culinary Institute which helps individuals with
disabilities obtain employment, a community need identified by a
CIT equipment financing customer as part of CIT's Acts of Caring
initiative.
![(PRNewsfoto/CIT Group Inc.) (PRNewsfoto/CIT Group Inc.)](https://mma.prnewswire.com/media/784850/CIT_Logo.jpg)
CIT's donation will provide kitchen essentials including food
ingredients, personal cutlery kits and uniforms to help maintain
the organization's Culinary Institute,
a vocational focused culinary arts program established in 2019. The
program's high-quality training relies on these supplies in order
to provide a hands-on experience for individuals to obtain
employment in Panama City's
culinary and hospitality industries. CIT's donation will also cover
the cost of ServeSafe Certification tests for students graduating
the Culinary Institute.
The Arc of the Bay has worked
with adults with disabilities since 1957, and its programs,
training and one-on-one services help individuals to become as
self-sufficient and independent as possible. The Arc of the
Bay currently supports over 200
individuals in its programming.
"CIT's donation is a great support, allowing us to deliver our
Culinary Institute program to over 50
students in the months ahead," said Ron
Sharpe, Executive Director at The Arc of the Bay. "We work every day to ensure people with
disabilities have the opportunity and support to participate in
valued adult activities."
"CIT is proud to support organizations like The Arc of the
Bay that are addressing important
needs during challenging times," said Mike
Jones, president, Business Capital at CIT. "Through our Acts
of Caring initiative and guided by our customers, we are able to
advance key programs that truly make a difference in our
communities."
CIT Acts of Caring
As part of CIT's Acts of Caring program, the company invited
customers to nominate a need in their hometown and share how the
company could support those efforts on their behalf. Identified by
CPC Office Technologies, a customer of CIT's equipment financing
business, The Arc of the Bay is
one of ten projects nationwide that was selected to receive a
donation from CIT this summer.
The customer program follows a month-long social good project
where CIT employees completed more than 3,000 Acts of Caring and
dedicated nearly 5,000 hours in support of causes such as COVID-19
relief, addressing food insecurity, improving the environment and
advancing social and economic justice.
Learn more about CIT's Acts of Caring initiative at
cit.com/ActsOfCaring.
About The Arc of the Bay
Established in 1957 to provide support and opportunities for
adults with disabilities, The Arc of the Bay is a non-profit agency in Lynn Haven, Florida that provides a unique
blend of training and services to assist individuals in becoming as
self-sufficient and independent as possible. The Arc of the
Bay currently supports over 200
individuals in its programs and services dedicated to improving the
quality of life of individuals with disabilities in Bay County. For additional information visit
bayarc.org. For the latest news and events on The Arc of the
Bay, visit Facebook and follow
them on Instagram and Twitter (@thearcofthebay).
About CIT
CIT is a leading national bank focused on empowering businesses
and personal savers with the financial agility to navigate their
goals. CIT Group Inc. (NYSE: CIT) is a financial holding company
with over a century of experience and operates a principal bank
subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The
company's commercial banking segment includes commercial financing,
community association banking, middle market banking, equipment and
vendor financing, factoring, railcar financing, treasury and
payments services, and capital markets and asset management. CIT's
consumer banking segment includes a national direct bank and
regional branch network. Discover more at cit.com/about.
MEDIA RELATIONS:
Susan Fitzpatrick
212-461-7806
Susan.Fitzpatrick@cit.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/cit-donates-to-lynn-haven-fl-based-the-arc-of-the-bay-301100307.html
SOURCE CIT Group Inc.