Customers Bank ranked among Forbes’ 2017 Best Banks in America
February 01 2017 - 4:15PM
Customers Bank, a community-based, full-service bank with assets of
approximately $9.4 billion, once again ranked among the best and
largest banks in the nation in Forbes’ 2017 Best Banks in America
ranking released in January 2017. Customers Bank was ranked 35th
out of the 100 largest banks in America and is the #1
Pennsylvania-chartered bank on the list.
Forbes is in its eighth year of ranking the largest banks of
America, which this year ranged from banks with $8 billion in
assets to banks with $2.5 trillion in assets. The Forbes ranking is
based on metrics related to growth, profitability, capital adequacy
and asset quality. Customers Bank has ranked among the 100 largest
banks in America since 2015.
“We are pleased to be recognized among the best of the country’s
100 largest banks for the third year,” said Jay Sidhu, chairman and
chief executive officer of Customers Bank. “Notable rankings like
this one are further proof of the success and profitability of our
customer-focused banking model. We look forward to another year of
continued growth as we provide exceptional value, service and
convenience for our customers.”
Since Sidhu and his executive team joined the bank in 2009,
Customers grew from a $250 million-asset bank to a $9.4
billion-asset high-performing bank with a focus on a high tech,
high touch strategy to provide customers with the latest technology
and personalized service.
Customers Bank has also been recognized among Bank Director
magazine’s fastest growing banks, the Philadelphia Business
Journal’s “Philadelphia 100,” and Lehigh Valley Business Journal’s
Fastest Growing Banks.
About Customers Bancorp, Inc. and Customers
BankCustomers Bancorp, Inc. is a bank holding company
located in Wyomissing, Pennsylvania engaged in banking and related
business through its bank subsidiary, Customers Bank. Customers
Bank is a community-based, full-service bank with assets of
approximately $9.4 billion that was named one of Forbes magazine's
2017 100 Best Banks in America (there are over 6,200 banks in the
United States). A member of the Federal Reserve System with
deposits insured by the Federal Deposit Insurance Corporation,
Customers Bank is an equal opportunity lender that provides a range
of banking services to small and medium-sized businesses,
professionals, individuals and families through offices in
Pennsylvania, New York, Rhode Island, New Hampshire, Massachusetts
and New Jersey. Committed to fostering customer loyalty,
Customers Bank uses a High Tech/High Touch strategy that includes
use of industry-leading technology to provide customers better
access to their money, as well as Concierge Banking® by appointment
at customers’ homes or offices 12 hours a day, seven days a week.
Customers Bank offers a continually expanding portfolio of loans to
small businesses, multi-family projects, mortgage companies and
consumers.
Customers Bancorp, Inc. voting common shares are listed on the
New York Stock Exchange under the symbol CUBI. Additional
information about Customers Bancorp, Inc. can be found on the
Company’s website, www.customersbank.com.
Contacts:
Richard Ehst, President & COO
610-505-9190
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