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Customers Bancorp (CUBI) in Wyomissing, Pa., has opened a loan production office in North Philadelphia with the goal of providing affordable loans to lower-income minority communities.
August 9 -
Customers Bancorp (CUBI) in Wyomissing, Pa., has raised $133.2 million in a private placement.
June 27 -
Customers Bancorp in Wyomissing, Pa., turned strong loan and deposit growth into higher profits last quarter.
July 24 -
Customers Bank in Wyomissing, Pa., has announced three new appointments to executive positions, including one to the newly created role of Small Business Administration national director.
August 13
Customers Bancorp in Wyomissing, Pa., disclosed that regulators may not take action against it for alleged non-compliance with certain laws.
The $5 billion-asset company said in a regulatory filing Monday that the Justice Department had recently completed an investigation, at the request of the Federal Reserve Bank of Philadelphia, into potential violations of the Equal Credit Opportunity Act and Fair Housing Act
The Justice Department notified Customers in an Aug. 22 notice that, at this time, "the circumstances of this matter do not require enforcement action."
Customer said the matter has been referred back to the Federal Reserve, adding that the company is unsure if further action will be taken.
