Customers Bank Announces Leadership Changes in Its Commercial Real Estate Lending Division

WYOMISSING, Pa.–(BUSINESS WIRE)–$CUBI–Customers Bank, a leading super-community bank with operations in
Pennsylvania, District of Columbia, Illinois, New Jersey, New York and
New England, announced today that Barbara Bergman and Brett Long have
both been promoted to Co-Managing Director, Commercial Real Estate
Lending Group following the retirement of Kenneth Keiser, Executive Vice
President, Group Director Multi-Family and Investment CRE Lending.

“While we are all sorry to see Ken leave, we deeply wish him a happy and
healthy retirement,” stated Richard Ehst, President and Chief Operating
Officer for Customers Bank. “Barbara and Brett have been tremendous
assets to our customers and we’re excited to watch them take on new
challenges as they continue to help our customers grow their businesses
and succeed.”

In her new role, Bergman will manage a seven-person team and take
primary responsibility for portfolio management, risk weighting,
refinance risk, portfolio reviews and underwriting compliance.
Previously, Bergman was a senior vice president and chief credit officer
with Customers Bank. Bergman has more than 25 years of banking
experience working with well-known financial institutions including
Edward Jones, Sterling National Bank (formerly Provident Bank of New
York), Bank of Tokyo-Mitsubishi UFJ and others.

As Co-Managing Director, Long will take primary responsibility for the
team’s new business development and loan securitization. Long, who has
been with Customers Bank for more than seven years has held several
positions of increasing responsibility, most recently as an executive
vice president within the commercial real estate lending group.

About Customers Bancorp, Inc. and Customers Bank

Customers Bank is a super-community bank with $10.1 billion in assets as
of March 31, 2019, offering commercial and consumer banking services
along the I-95 corridor from Washington, DC to Boston; and in Chicago.
Commercial products include cash management; commercial and industrial
loans; small business loans; SBA government-guaranteed loans; commercial
and multi-family real estate loans; and financing for leasing businesses
and residential developers.

Customers Bank provides consumer banking services including savings,
checking, and money market accounts; certificates of deposit;
residential mortgages; and consumer loans. Additional consumer products
include “BankMobile Vibe online banking,” marketed by the BankMobile
Division and “Ascent Money Market Savings,” marketed by the Customers
Bank Digital Banking Division.

Customers Bank is a member of the Federal Reserve System with deposits
insured by the Federal Deposit Insurance Corporation. Customers Bank is
an equal opportunity lender. Customers Bank takes pride in delivering
extremely high levels of customer service while charging comparatively
very low fees; service that makes our clients say, “Wow.”

Commercial clients enjoy Single Point of Contact service with one team
to handle all banking needs. Retail bank clients are afforded Concierge
Banking® Services that brings banking to them, when and where
they need it.

Customers Bank, with its headquarters located in Phoenixville,
Pennsylvania, is a subsidiary of Customers Bancorp, Inc., a bank holding
company. The voting common shares of Customers Bancorp, Inc. are listed
on the New York Stock Exchange under the symbol CUBI.

Contacts

David W. Patti
Communications & Marketing Director
484-926-7109

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