Customers Bank has onboarded 10 commercial and business banking teams in New York, California and Nevada. The hiring drive is expected to accelerate the bank’s deposit growth potential and represents an investment in its single point of contact banking model. read more

APR 11, 2024 - 6:48 am

Customers Bank acquired a $631 million venture banking loan portfolio from the FDIC at approximately 85% of book value. Customers Bank also recruited 30 team members from the group that originated the loans to service the venture-backed growth industry. read more

JUN 19, 2023 - 7:35 am

Richard A. Ehst will retire as president and CEO of Customers Bank on July 1. Samvir Sidhu, currently vice chairman and chief operating officer for the bank, was named Ehst’s successor and will take on the role on July 1. read more

MAR 30, 2021 - 6:30 am

Customers Bank promoted Andrew Bowman to senior executive vice president and member of the office of the chair. Bowman leads a team of more than 50 financial professionals involved in credit underwriting, loan work-out, collections, appraisals, environment orders and reviews. read more

JUN 16, 2020 - 7:55 am

Customers Bank opened a second Commercial Lending office in Philadelphia to address market growth and the needs of the city’s thriving businesses. read more

SEP 14, 2018 - 7:00 am