Consumer Banking President
Steve Solk serves as president of CIT’s Consumer Bank and head of California for the company. In this role he is responsible for the national online bank, the retail branch network, consumer mortgage and SBA lending activities as well as the company’s CRA and community development and investment initiatives.Solk joined CIT in 2015 as president of the Business Capital division. In 2016 he took on additional responsibility for CIT’s Consumer Banking division. Prior to joining CIT, Solk was an executive vicepresident of Commercial Finance at RBS Citizens Bank. In this role, he was responsible for executing growth strategies for four commercial banking specialty businesses, which included Franchise Finance, Business Capital, Asset Finance and Commercial Real Estate. Prior to RBS, Solk served in several executive roles in the financial sector, including more than 20 years at Citibank and Bank of America, where, he managed multiple lending and leasing specialty businesses and attained leading market positions incore target markets. Solk began his career at Bank of America in 1980. Solk earned a B.A. in Finance from Arizona State University.