CUBI - Customers Bancorp, Inc.

NYSE - NYSE Delayed Price. Currency in USD

Customers Bancorp, Inc.

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

Sector : Financial Services
Industry : Banks - Regional - US
Full Time Employees : 827

Key Executives

Name Title Pay Exercised Year Born
Mr. Jay S. Sidhu Chairman & CEO 692.58k N/A 1952
Mr. Richard A. Ehst Pres & COO 485k 1.5M 1947
Ms. Carla A. Leibold Exec. VP, CFO & Treasurer 255.5k N/A 1967
Mr. Glenn A. Hedde Exec. VP & Pres of Customers Bank Warehouse Lending 368.03k N/A 1961
Mr. Steven J. Issa EVP, Chief Lending Officer & New England Pres of Commercial/Specialty Lending 376.06k 173.26k 1955
Amounts are as of December 31, 2018 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 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 certificates of 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 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 offices in 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 Wyomissing, Pennsylvania.

Corporate Governance

Customers Bancorp, Inc.’s ISS Governance QualityScore as of July 29, 2019 is 7. The pillar scores are Audit: 10; Board: 6; Shareholder Rights: 5; Compensation: 6.

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.