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Richard Ehst, Customers Bank President and COO, Appointed to PA Chamber Board of Directors

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Wyomissing, PA (September 29, 2016) - Richard Ehst, President and Chief Operating Officer of Customers Bank, is among three new members appointed to the Pennsylvania Chamber of Business and Industry's (PA Chamber) Board of Directors.

The PA Chamber was founded 100 years ago and is the largest broad-based business association in Pennsylvania. Ehst will represent Customers Bank on a board comprised of 61 business leaders from all industry sectors whose mission is to bring a unified voice for business to state government.

"We're excited to welcome Dick to our board as we prepare to enter into our second century of operation," said PA Chamber President and CEO Gene Barr. "We are confident that his wealth of experience in the banking industry and commitment to working towards pro-growth business policy goals will bolster our efforts to improve Pennsylvania's economic climate."

Ehst's addition to the board is the result of a recently finalized agreement to combine PA Chamber operations with the Pennsylvania Business Council (PBC). Ehst was a member of the PBC Board of Directors and served as chair of the PBC Education Foundation and the Business and Education Partnership.

Ehst has been President and COO of Customers Bank since 2009. He is an active member of the Berks County community, and is a strong advocate of education. He serves on the Board of Trustees at Albright College and the Reading Health System Foundation.

About the Pennsylvania Chamber of Business and Industry
The Pennsylvania Chamber of Business and Industry is the state's largest broad-based business association, with its statewide membership comprising businesses of all sizes and across all industry sectors. The PA Chamber is The Statewide Voice of Business.

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 $9.7 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. BankMobile is a division of Customers Bank, offering state of the art high tech digital banking services with high level of personal customer service.

Customers Bancorp, Inc. 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.