Customers Bancorp, Inc. (CUBI)

27.70 +0.92 (+3.44%) At close: 4:00PM EST

Customers Bancorp, Inc.

701 Reading Avenue
West Reading, PA 19611
United States
610-933-2000
http://www.customersbank.com

Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 579

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Jay S. Sidhu	Founder, Chairman & CEO	769.54k	N/A	1952
Mr. Richard A. Ehst	Pres, COO & Director	486.8k	N/A	1947
Ms. Carla A. Leibold	Exec. VP, CFO & Treasurer	353.77k	N/A	1967
Mr. James T. Collins	Sr. EVP & Chief Admin. Officer	288.61k	113.35k	1968
Mr. Jessie John Deano Velasquez	Sr. VP, Chief Accounting Officer & Controller	N/A	N/A	1979
Mr. Robert Hutcheson Ramsey CFA	Director of Investor Relations & Strategic Planning	N/A	N/A	N/A
Mr. Samvir S. Sidhu	Head of Corp. Devel. & Director	N/A	N/A	N/A
Mr. Robert G. Philips	Sr. VP	N/A	N/A	N/A
Mr. Robert Fischer	Sr. VP, Relationship Mang. and Member of the Lending Team	N/A	N/A	N/A
Mr. Timothy D. Romig	Regional Chief Lending Officer	N/A	N/A	N/A

Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

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. It operates in two segments, Customers Bank Business Banking and BankMobile. The company accepts various deposit products, such as checking, savings, money market deposit, time deposit, and individual retirement accounts, as well as non-retail time deposit. It also provides commercial and industrial lending services; small business administration loans; multi-family and commercial real estate loans; commercial loans to mortgage companies; equipment financing services and specialty lending; and home equity and residential mortgage loans. In addition, the company offers private banking services; mobile phone banking, internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, and positive pay services; and cash management services, such as account reconciliation, collections, and sweep accounts. It operates 13 full-service branches, as well as limited purpose and administrative offices in Southeastern Pennsylvania; Rye Brook, New York; Hamilton, New Jersey; Boston, Massachusetts; Providence, Rhode Island; Portsmouth, New Hampshire; Manhattan and Melville, New York; Philadelphia, Pennsylvania; Washington D.C.; and Chicago, Illinois. Customers Bancorp, Inc. was founded in 1994 and is headquartered in West Reading, Pennsylvania.

Corporate Governance

Customers Bancorp, Inc.’s ISS Governance QualityScore as of December 2, 2020 is 5. The pillar scores are Audit: 10; Board: 2; Shareholder Rights: 5; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.