Description: Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. The company provides deposit banking products, which includes commercial and consumer checking, non-interest-bearing and interest-bearing demand, MMDA, savings, and time deposit accounts. Its lending business offers commercial and industrial, commercial real estate, and multifamily and residential mortgage loans; SBA lending and financing; specialty lending includes fund finance, real estate specialty finance, technology and venture, and healthcare and financial institutions group; commercial loans to mortgage companies, and commercial equipment financing; and fund finance, such as variable rate loans secured by collateral pools to private debt funds; and cash management services. In addition, the company provides digital banking including Banking-as-a-Service to fintech companies, payments and treasury services to businesses, and consumer loans through fintech companies and the TassatPay, a blockchain-based instant B2B payments platform which offers instant payments including over-the-counter desks, exchanges, liquidity providers, market makers, funds, and other B2B verticals. Further, it offers mobile phone and internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, positive pay, and cash management services, such as account reconciliation, collections, and sweep accounts. The company was incorporated in 2010 and is headquartered in West Reading, Pennsylvania.
Home Page: www.customersbank.com
701 Reading Avenue
West Reading,
PA
19611
United States
Phone:
610 933 2000
Officers
| Name | Title |
|---|---|
| Mr. Jay S. Sidhu | Founder, Chairman & CEO |
| Mr. Samvir S. Sidhu | President & Vice Chairman |
| Mr. Lyle P. Cunningham | Executive VP & Chief Banking Officer |
| Mr. Philip Watkins | Executive VP & CFO |
| Mr. Jessie John Deano Velasquez | Executive VP & Chief Accounting Officer |
| Nicholas Harris | Executive VP & Chief Information Officer |
| Mr. Andrew B. Sachs Esq. | Executive VP, General Counsel & Corporate Secretary |
| Mr. David W. Patti | Director of Communications |
| Eric Lucero | Senior VP & Chief Marketing Officer |
| Ms. Lisa Walsh | Executive VP & Chief People Officer |
Exchange: F
Country: DE : Germany
Currency: Euro (€)
| Forward PE: | 0 |
|---|---|
| Trailing PE: | 8.9347 |
| Price-to-Book MRQ: | 1.0374 |
| Price-to-Sales TTM: | 2.4397 |
| IPO Date: | |
| Fiscal Year End: | December |
| Full Time Employees: | 812 |