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Customers Bancorp, Inc. (CUBI-PE)

NYSE - Nasdaq Real-time price. Currency in USD
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24.80+0.03 (+0.12%)
At close: 04:00PM EDT

Customers Bancorp, Inc.

701 Reading Avenue
West Reading, PA 19611
United States
610 933 2000

Sector(s)Financial Services
Full-time employees691

Key executives

NameTitlePayExercisedYear born
Mr. Jay S. SidhuFounder, Chairman & CEO764.75kN/A1952
Mr. Samvir S. SidhuPres & Vice Chairman885.83kN/AN/A
Ms. Carla A. LeiboldExec. VP & CFO542.46kN/A1967
Mr. Andrew Hertz BowmanSr. EVP, Chief Credit Officer566.88kN/A1966
Mr. Lyle P. CunninghamExec. VP & Chief Lending Officer658.77kN/A1964
Mr. Jessie John Deano VelasquezExec. VP & Chief Accounting OfficerN/AN/A1979
Nicholas HarrisChief Information 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
Lisa WalshChief People OfficerN/AN/AN/A
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


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, healthcare and financial institutions group finance; commercial loans to mortgage companies, and commercial equipment financing; and fund finance, which includes secured and variable rate financing, private equity 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, an 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.

Corporate governance

Customers Bancorp, Inc.’s ISS governance QualityScore as of 1 September 2023 is 4. The pillar scores are Audit: 6; Board: 6; Shareholder rights: 5; Compensation: 1.

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 10 indicates higher governance risk.