CUBI
- Customers Bancorp, Inc.
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Overview
Company Summary
Customers Bancorp, Inc. (CUBI) is a financial services company that operates primarily through its subsidiary, Customers Bank. The company offers a range of banking products and services to individuals, small and medium-sized enterprises (SMEs), and commercial clients.
Customers Bank provides traditional banking services, including deposit accounts such as checking and savings accounts, as well as certificates of deposit (CDs). It also offers residential and commercial mortgages, home equity loans, and lines of credit for both personal and business needs. Additionally, the bank provides consumer loans, including auto loans, personal loans, and credit cards.
The commercial banking division of Customers Bank serves SMEs and larger commercial clients, offering tailored financial solutions designed to meet their unique needs. These solutions include business lines of credit, equipment financing, commercial real estate loans, working capital loans, and treasury management services.
Customers Bancorp also operates a digital banking platform called BankMobile, which provides online and mobile banking services specifically targeted at millennials and tech-savvy customers. This platform offers a full range of banking services, including checking and savings accounts, mobile deposit, bill pay, and peer-to-peer payments.
In addition to its core banking services, Customers Bancorp provides wealth management services through its subsidiary, Customers Capital Advisors. These services include investment advisory, asset management, and financial planning services to help individuals and businesses meet their financial goals.
Overall, Customers Bancorp, Inc. focuses on providing a comprehensive suite of banking services to individuals, SMEs, and commercial clients while leveraging technology through its digital banking platform to offer convenient and accessible solutions.