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News Stories (6 Results) - OneWest Bank

OneWest Bank, CIT's Southern California branch network, today announced the launch of a new small business mobile app, a new platform to help small business customers seamlessly reach their financial goals.The OneWest Bank business app empowers small... Read Story
February 04, 2020, 07:05 AM


CIT Group reported net income of $14 million for the quarter ended June 30, 2016, compared to net income of $115 million for the year-ago quarter. Income from continuing operations for the second quarter was $181 million compared to $115 million in... Read Story
July 28, 2016, 07:09 AM


CIT Group reported net income of $147 million for the first quarter of 2016, compared to net income of $104 million for the year-ago quarter, which reflects results prior to the acquisition of OneWest Bank. Income from continuing operations for the... Read Story
April 28, 2016, 07:05 AM


CIT Group announced that it has completed its previously announced acquisition of IMB Holdco LLC, the parent company of OneWest Bank N.A. (OneWest Bank) for approximately $3.4 billion in cash and stock. The transaction, first announced on July 22... Read Story
August 04, 2015, 07:05 AM


According to a press release from the California Reinvestment Coalition, California community advocates, along with the Daily Kos, delivered over 15,000 petitions to the Federal Reserve, setting a new record for the number of individuals opposing a... Read Story
February 04, 2015, 07:18 AM


According to a Bloomberg report, CIT Group will provide Steven T. Mnuchin, the chairman of OneWest Bank's parent IMB Holdco, LLC, an annual target compensation package of $4.5 million. Bloomberg reports that Mnuchin will get a salary of at least $750... Read Story
July 28, 2014, 07:06 AM