
Customers Bank
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Location
Headquarters: Washington, District of Columbia, United States, North America
Region: District of Columbia
Country: US
Continent: North America
About
Customers Bank is a FDIC-insured financial institution focused on serving businesses and individuals with a banking approach designed for entrepreneurs. It emphasizes commercial, small business, and personal banking across its regional presence in the United States, highlighting industry-specific lending, cash management, and relationship-centric service. Headquartered in Malvern, Pennsylvania, the bank highlights its strength, stability, and customer-focused banking experience tailored to growth-oriented customers and communities.
Customers Bank is a FDIC-insured financial institution headquartered in Malvern, Pennsylvania, serving entrepreneurs, small businesses, and individuals. It provides commercial lending, cash management, and personal banking services through a relationship-centric model with a focus on industry-specific solutions. The bank operates across multiple U.S. states with over $22 billion in assets.
Customers Bancorp, Inc
2009
for_profit
active
Industries
Primary Industry: Finance
Categories
Funding & Financials
Public Company
175100000
200m-1b
ipo
NYSE:CUBI
nasdaq
Founders
Jay Sidhu
Leadership
Jay Sidhu — Executive Chairman
Ian Maffett — VP, Enterpise Architecture and Software Development
Richard Ehst — President & CEO
Ashley Ricard — AVP, Portfolio Manager/Commercial Banking
Richard Ehst — Chief Operating Officer, Operations & President
Philip Watkins — EVP, Head of Corporate Development and Investor Relations
Allen Love — Chief Compliance and AML Officer
Technology Stack
Products
Asset-Based Lending Solutions: Loans secured by business assets such as inventory, accounts receivable, equipment, and real estate, providing flexible financing based on collateral value.
Business Lines of Credit: Revolving credit facilities that provide businesses with access to working capital, supplemental cash flow, or receivables financing.
Commercial Interest Checking Account: A business checking account that earns interest on the balance while providing standard checking account features.
Money Market Account: A savings account that offers interest earnings on excess cash with limited transaction capabilities.
Certificates of Deposit (CDs): Time deposit accounts with fixed terms and interest rates, designed for saving funds over a specified period.
SBA Government-Guaranteed Lending: Loans backed by U.S. government agencies such as SBA 7(a), SBA 504, and USDA B&I, designed to support businesses that may face challenges obtaining traditional financing.
Funding rounds
POST_IPO_DEBT · 100000000 · (2021-08-01T00:00:00)
IPO · 10910000 · (2012-02-01T00:00:00)