SOURCE: Customers Bank

Customers Bancorp, Inc.

January 22, 2015 07:00 ET

Customers Bank Appoints Timothy Romig to Head Pennsylvania and New Jersey Banking Groups

WYOMISSING, PA--(Marketwired - January 22, 2015) - Customers Bank, a community-based full-service business bank headquartered in Wyomissing, Pa., has promoted Timothy Romig to executive vice president, group director, Pennsylvania and New Jersey. He will report directly to President and Chief Operating Officer, Richard A. Ehst.

In his expanded role, Romig will oversee all relationship managers for commercial and industrial lending, and sales offices in Pennsylvania and New Jersey. He will also lead the bank-wide Small Business Administration (SBA) program.

Romig served most recently as regional chief lending officer and commercial administrator for Customers Bank in the Mid-Atlantic region. He has been in the banking industry for 30 years, joining Customers Bank in 2010.

"Our goal is to expand our highly disciplined risk management practices on our national SBA lending platform," said Romig. "We have an experienced team, and I look to forward to what we will accomplish."

Romig said the Customers Bank team is also committed to a Single Point of Contact for its clients. "If you are a client of Customers Bank you don't need to wade through a myriad of banking departments, red tape and bureaucracy to satisfy your banking needs. You simply need to contact your banker or anyone on your banker's team and he/she will take care of the rest."

George Maroulis, Executive Vice President and Managing Director Private and Commercial Banking, will continue to oversee the New York market.

About Customers Bancorp, Inc. and Customers Bank

Customers Bancorp, Inc. is a bank holding company in Wyomissing, Pa., engaged in banking and related businesses through its subsidiary, Customers Bank. Customers Bank is a community-based, full-service bank with assets of $6.5 billion. A member of the Federal Reserve System and deposits insured by the Federal Deposit Insurance Corporation ("FDIC"), Customers Bank is an equal housing lender that provides a full range of banking services to small- and medium-sized businesses, professionals, individuals and families through offices in Pennsylvania, New York, Rhode Island, 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 a continually expanding portfolio of loans to small businesses, multi-family projects, mortgage companies and consumers.

Customers Bancorp, Inc. is listed on the NYSE under the symbol CUBI. Additional information about Customers Bancorp, Inc. can be found on the company's website, www.customersbank.com.

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