Customers Bank

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Customers Bank
Subsidiary of Customers Bancorp, Inc.
Traded as NYSECUBI
S&P 600 Component
Industry Banking, financial services
Predecessor New Century Bank
Berkshire Bancorp, Inc. / Berkshire Bank
USA Bank (Port Chester, NY)
ISN Bank (Cherry Hill, NJ)
Founded 1997 (as New Century Bank) (1997 (as New Century Bank))
Headquarters Headquarters:
Phoenixville, PA
Executive Offices:
Wyomissing, PA
, U.S.
Number of locations
14 retail branches
Area served
Boston to Washington, D.C.
Key people
Jay Sidhu, Chairman & CEO
Richard Ehst, President & COO
Robert Wahlman, Executive Vice President & CFO
Revenue FY 2012: $103,102,000[1]
Total assets $9 billion (2Q 2013)[2]
Total equity Shareholder’s equity (FY 2012): $269,500,000[3]
Number of employees
Parent Customers Bancorp, Inc.
Subsidiaries BankMobile

Customers Bank is a bank headquartered in Phoenixville, Pa., with assets of approximately $9 billion. A member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation (“FDIC”), Customers Bank is an equal housing lender that provides a full range of banking services to small and medium-sized businesses, professionals, individuals and families through offices in Pennsylvania, New York, Rhode Island, Massachusetts and New Jersey. Customers Bank is a subsidiary of Customers Bancorp, Inc., a bank holding company based in Wyomissing, Pa.


  1. ^ Customers Bank Form 10-K filing [1], 18 March 2013
  2. ^ Customers Bank Form 10-Q Quarterly report [2], 9 August 2013
  3. ^ Customers Bank Form 10-K filing [3], 18 March 2013

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