U.S. Markets open in 5 hrs 7 mins

Customers Bancorp, Inc. (CUBI)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
30.34+0.30 (+1.00%)
At close: 4:02PM EDT
People also watch
CNOBEGBNCSFLCUNBEFSC

Customers Bancorp, Inc.

1015 Penn Avenue
Suite 103
Wyomissing, PA 19610
United States
610-933-2000
http://www.customersbank.com

SectorFinancial
IndustryRegional - Northeast Banks
Full Time Employees739

Key Executives

NameTitlePayExercisedAge
Mr. Jay S. SidhuChairman, CEO, Chairman of Customers Bank and CEO of Customers Bank1.75MN/A65
Mr. Richard A. EhstPres, COO, Pres of Customer Bank and COO of Customer Bank632.42k171.28k70
Mr. Robert E. WahlmanChief Financial Officer, Exec. VP and Chief Financial Officer of Customers Bank714.44kN/A61
Mr. Glenn A. HeddeExec. VP and Pres of Mortgage Warehouse Lending - Customers Bank556.22kN/A56
Mr. Steven J. IssaChief Lending Officer, EVP & Pres of New England Market604.96kN/A62
Amounts are as of December 31, 2016 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 small and middle market businesses, not-for-profits, and consumers. The company accepts various deposit products, such as checking, savings, money market deposit, time deposit, individual retirement, and non-retail time deposit accounts, as well as certificates of deposit. Its loan products include commercial lending products comprising business banking commercial and industrial lending; small and middle market business banking, such as small business administration loans; multi-family and commercial real estate lending; and commercial loans to mortgage originators, as well as consumer lending products comprising mortgage and home equity lending. The company also 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 14 full-service branches, as well as limited purpose offices in Boston, Massachusetts; Providence, Rhode Island; Portsmouth, New Hampshire; Manhattan and Melville, New York; and Philadelphia, Pennsylvania. Customers Bancorp, Inc. was founded in 1997 and is headquartered in Wyomissing, Pennsylvania.

Corporate Governance

Customers Bancorp, Inc.’s ISS Governance QualityScore as of September 1, 2017 is 9. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 8; Compensation: 10.

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.