SOURCE: Customers Bancorp, Inc.

Customers Bancorp, Inc.

June 20, 2016 16:34 ET

Customers Bancorp to Present at the East Coast IDEAS Investor Conference on June 29th in Boston; June 23 Analyst Day in NYC Webcast Information

WYOMISSING, PA--(Marketwired - June 20, 2016) - Customers Bancorp, Inc. (CUBI) today announced that Jay Sidhu, Chairman and CEO of Customers Bank and BankMobile, will present at the East Coast IDEAS Investor Conference on Wednesday, June 29, 2016 at the Boston Park Plaza in Boston, Massachusetts. Customers Bancorp's presentation is scheduled to begin at 1:10 PM EDT. The presentation will be webcast live and may be accessed at the conference website, www.IDEASConferences.com, or the company's website: www.customersbank.com/webcast

As previously announced, Customers is hosting an Analyst Day on Thursday, June 23, 2016. The event will be held at The Harvard Club, 35 W. 44th Street, New York, NY from 9:00 AM EDT to 12:00 PM EDT. The event is also being webcast. The webcast information is as follows:

Date: June 23, 2016

Time: 9:00 AM ET

US Dial-in: +1 877-770-3647

Conference ID: 15339198#

Webcast: https://event.webcasts.com/starthere.jsp?ei=1108325

Please dial in at least 10 minutes before the start of the call to ensure timely participation. Slides accompanying the presentation will be available on the webcast and on the Company's website at https://www.customersbank.com/investors_relations/ prior to the call.

Customers Bank executives will focus on sharing updates about BankMobile, a division of Customers Bank. BankMobile is America's first absolutely no-fee digital bank, which was launched in January 2015. The executives will also share with investors their strategic plans for BankMobile Technologies as well as the launch of BankMobile 2.0 in August 2016.

If interested in attending either conference please contact Joe Noyons, (817) 778-8424, jnoyons@threepa.com.

About IDEAS Investor Conferences
The mission of the IDEAS Conferences is to provide independent regional venues for quality companies to present their investment merits to an influential audience of investment professionals. Unlike traditional bank-sponsored events, IDEAS Investor Conferences are "Sponsored BY the Buyside FOR the Buyside" and for the benefit of regional investment communities. Conference sponsors collectively have more than $200 billion in assets under management and include: Barrow Hanley Mewhinney & Strauss, Aristotle Capital Boston, Granahan Investment Management, Marble Harbor Investment Counsel, Gamco Investors, GRT Capital Partners, LLC, Keeley Asset Management, Hodges Capital Management, Luther King Capital Management, Allianz Global Investors: NFJ Investment Group, Perritt Capital Management, Fidelity Investments, Ironwood Investment Management, Great Lakes Advisors, Ariel Investments, William Harris Investors, Greenbrier Partners Capital Management, LLC, First Wilshire Securities Management, Inc., Constitution Research & Management, Inc.

The IDEAS Investor Conferences are held annually in Boston, Chicago and Dallas and are produced by Three Part Advisors, LLC. Additional information about the events can be located at www.IDEASconferences.com.

About Customers Bancorp, Inc. and Customers Bank
Customers Bancorp, Inc. is a bank holding company located in Wyomissing, Pennsylvania engaged in banking and related business through its bank subsidiary, Customers Bank. Customers Bank is a community-based, full-service bank with assets of approximately $9.0 billion that was named one of Forbes magazine's 2016 100 Best Banks in America (there are over 6,200 banks in the United States). A member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender that provides a range of banking services to small and medium-sized businesses, professionals, individuals and families through offices in Pennsylvania, New York, Rhode Island, New Hampshire, Massachusetts and New Jersey. Committed to fostering customer loyalty, Customers Bank uses a High Tech/High Touch strategy that includes use of industry-leading technology to provide customers better access to their money, as well as Concierge Banking® by appointment at customers' homes or offices 12 hours a day, seven days a week. Customers Bank offers a continually expanding portfolio of loans to small businesses, multi-family projects, mortgage companies and consumers.

Customers Bancorp, Inc.'s voting common shares are listed on the New York Stock Exchange under the symbol CUBI. Additional information about Customers Bancorp, Inc. can be found on the Company's website, www.customersbank.com.

About BankMobile
Established in 2015, BankMobile, a division of Customers Bank, is America's first no-fee digital bank. It provides target customers -- millennials, the underbanked and middle income households -- a digital, effortless, and financially empowering experience. BankMobile offers checking, savings, lines of credit, joint accounts and access to over 55,000 surcharge-free ATMs nationwide (BankMobile VIP customers have free access to every ATM in the country, which is more than 400,000 ATMs), a guaranteed higher savings rate than the top four banks in the nation, a personal banker for all customers, and a free financial advisor for VIP customers. For more information, please visit www.bankmobile.com.

"Safe Harbor" Statement

In addition to historical information, this press release may contain "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements with respect to Customers Bancorp, Inc.'s strategies, goals, beliefs, expectations, estimates, intentions, capital raising efforts, financial condition and results of operations, future performance and business. Statements preceded by, followed by, or that include the words "may," "could," "should," "pro forma," "looking forward," "would," "believe," "expect," "anticipate," "estimate," "intend," "plan," or similar expressions generally indicate a forward looking statement. These forward-looking statements involve risks and uncertainties that are subject to change based on various important factors (some of which, in whole or in part, are beyond Customers Bancorp, Inc.'s control). Numerous competitive, economic, regulatory, legal and technological factors, among others, could cause Customers Bancorp, Inc.'s financial performance to differ materially from the goals, plans, objectives, intentions and expectations expressed in such forward-looking statements. In addition, important factors relating to the acquisition of the disbursements business of Higher One and Customer Bancorp's plans to combine its BankMobile business with the acquired business also could cause Customers Bancorp's actual results to differ from those in the forward-looking statements. Customers Bancorp, Inc. cautions that the foregoing factors are not exclusive, and neither such factors nor any such forward looking statement takes into account the impact of any future events. All forward-looking statements and information set forth herein are based on management's current beliefs and assumptions as of the date hereof and speak only as of the date they are made. For a more complete discussion of the assumptions, risks and uncertainties related to our business, you are encouraged to review Customers Bancorp, Inc.'s filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K for the year ended December 31, 2015 and subsequently filed quarterly reports on Form 10-Q. Customers Bancorp, Inc. does not undertake to update any forward looking statement whether written or oral, that may be made from time to time by Customers Bancorp, Inc. or by or on behalf of Customers Bank.

Contact Information

  • Company Contact:
    Robert Wahlman
    CFO
    610-743-8074

    Investor Relations Contact:
    Three Part Advisors
    Matthew Selinger
    817-310-8776

    Joe Noyons
    817-778-8424