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Customers Bancorp, Inc. (CUBI)

NYSE - Nasdaq Real Time Price. Currency in USD
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38.92-0.15 (-0.38%)
As of 10:48AM EDT. Market open.

Customers Bancorp, Inc.

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

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees594

Key Executives

NameTitlePayExercisedYear Born
Mr. Jay S. SidhuFounder, Chairman & CEO823.45kN/A1952
Mr. Samvir S. SidhuPres401.56kN/AN/A
Ms. Carla A. LeiboldExec. VP & CFO433.65kN/A1967
Mr. Jessie John Deano VelasquezExec. VP & Chief Accounting OfficerN/AN/A1979
Ms. Jennifer L. FrostExec. VP & Chief Admin. OfficerN/AN/A1975
Mr. William J. PizzichilExec. VP & Chief Compliance OfficerN/AN/AN/A
Mr. Andrew B. Sachs Esq.Exec. VP, Gen. Counsel & Corp. Sec.N/AN/AN/A
Mr. David W. PattiDirector of CommunicationsN/AN/AN/A
Mr. Robert FischerSr. VP, Relationship Mang. and Member of the Lending TeamN/AN/AN/A
Mr. Timothy D. RomigRegional Chief Lending OfficerN/AN/AN/A
Amounts are as of December 31, 2020 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, non-interest-bearing demand accounts, individual retirement accounts, and other deposit accounts, as well as non-retail time deposits. It also provides commercial and industrial lending services; small business administration and paycheck protection program loans; multi-family and commercial real estate loans; commercial loans to mortgage companies; equipment financing services and specialty lending; mortgage warehouse loans; and home equity and residential mortgage and installment 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 12 full-service branches, as well as limited production and administrative offices in Southeastern Pennsylvania, including Bucks, Berks, Chester, Philadelphia, and Delaware Counties; Rye Brook and New York; Hamilton, New Jersey; Boston, Massachusetts; Providence, Rhode Island; Portsmouth, New Hampshire; Manhattan and Melville, New York; Washington D.C.; and Chicago, Illinois. Customers Bancorp, Inc. was founded in 1997 and is headquartered in West Reading, Pennsylvania.

Corporate Governance

Customers Bancorp, Inc.’s ISS Governance QualityScore as of July 1, 2021 is 3. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 5; Compensation: 4.

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.