Customers Bancorp, Inc. (LON: 0I5Z)
London flag London · Delayed Price · Currency is GBP · Price in USD
50.29
-1.05 (-2.05%)
At close: Jan 22, 2025

Customers Bancorp Company 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.

The company provides deposit banking products, which includes commercial and consumer checking, non-interest-bearing and interest-bearing demand, MMDA, savings, and time deposit accounts.

Its lending business offers commercial and industrial, commercial real estate, and multifamily and residential mortgage loans; SBA lending and financing; specialty lending includes fund finance, real estate specialty finance, technology and venture, and healthcare and financial institutions group; commercial loans to mortgage companies, and commercial equipment financing; and fund finance, such as variable rate loans secured by collateral pools to private debt funds; and cash management services.

In addition, the company provides digital banking including Banking-as-a-Service to fintech companies, payments and treasury services to businesses, and consumer loans through fintech companies and the TassatPay, a blockchain-based instant B2B payments platform which offers instant payments including over-the-counter desks, exchanges, liquidity providers, market makers, funds, and other B2B verticals.

Further, it offers mobile phone and internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, positive pay, and cash management services, such as account reconciliation, collections, and sweep accounts.

The company was incorporated in 2010 and is headquartered in West Reading, Pennsylvania.

Customers Bancorp, Inc.
Country United States
Founded 2010
Industry Commercial Banks
Employees 714
CEO Jay Sidhu

Contact Details

Address:
701 Reading Avenue
West Reading, Pennsylvania 19611
United States
Phone 610 933 2000
Website customersbank.com

Stock Details

Ticker Symbol 0I5Z
Exchange London Stock Exchange
Stock Type Common Stock
Fiscal Year January - December
Reporting Currency USD
SIC Code 6020

Key Executives

Name Position
Jay Sidhu Chief Executive Officer
Philip Watkins Chief Financial Officer