banking

Customers Bank earns top marks on Bank Director list

COURTESY BANK DIRECTOR MAGAZINE
Financial industry magazine Bank Director awarded Customers Bank high rankings in two categories on its 2013 Growth Lenders Ranking list.
Posted 5/6/13

WYOMISSING, Pa. – Bank Director magazine has awarded Customers Bank high rankings in two categories of the magazine’s 2013 Growth Leaders Ranking list, the bank announced Monday.

Customers Bank received a first place ranking in the core income and net loans/leases category and second place in core non-interest income category.

Banks and thrifts nationwide are ranked according to their percentage growth in four categories – core income, core non-interest income, net loans/leases and core deposits.

“This is a noteworthy distinction, particularly for a regional community bank that started out in 2009 as a $250-million asset bank and in the short time since has grown into nearly a $3.5 billion asset institution,” said Customers Bank Chairman and CEO Jay Sidhu in prepared remarks.

“We are honored to receive this recognition that comes from respected financial industry analysts and is based upon proven performance,” said Sidhu.

Customers Bank moved into the New England market on March 29 when it acquired the New England Division of Flagstar Bank. Customers Bank has its New England regional headquarters in the Textron building in Providence and has a second regional office is in Boston.

The acquisition included 16 Flagstar employees, of which nine are in Providence and seven in Boston.

Customers Bank President Dick Ehst, who is based in the Pennsylvania executive offices, said the bank’s focus in New England is on middle-market companies.

To view the full Bank Director article, visit: www.bankdirector.com

Calendar
PBN Hosted
Events

Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot by December 31st and get a holiday gift from PBN!
  • Best Places to Work
    Enrollment is now open for the 7th annual Best Places to Work program. Winners w ...
  • Manufacturing Awards
    Applications are now being accepted for the 2nd Annual Manufacturing Awards. Dea ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement