CIT buys Mutual of Omaha Bank for $1 billion

Jan 2, 2020 |

CIT Bank N.A., the banking subsidiary of CIT Group, announced Thursday that it acquired Mutual of Omaha Bank, the banking arm of insurance giant Mutual of Omaha, for $1 billion. The acquisition was first announced in August, with Mutual of Omaha telling HousingWire at the time that the bank’s mortgage business is not part of this acquisition. Much […more]

Posted in: San Francisco

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