BANKING BUILT FOR

Bankruptcy
& Restructuring Services


At Customers Bank, we know what it takes to navigate the broad spectrum of complexities surrounding bankruptcies, receiverships, financial restructurings and their related proceedings. Our experienced team delivers exceptional service, fast execution, and seamless account openings — ensuring you, your clients and cases get the support you need, when you need it.

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“Great service listens first, solves second, and follows through always.”

SAM SIDHU PRESIDENT & CEO • CUSTOMERS BANK

Serving:

Chapter 11 trustees

Fiduciary advisors

Debtors-in-possession

Restructuring professionals

Liquidation trustees

Section 542(g) trustees

Disbursing agents

Federal/state court-appointed receivers

Credit committees

Assignees for the benefit of creditors

Claims administrators

Plan administrators

MEET THE TEAM

Bankruptcy & 

Restructuring Experts

Photo of Robert A. Bloch

Robert A. Bloch

EVP, Managing Group Director

Photo of Eli Rodriguez

Eli Rodriguez

VP, Associate Group Director

Photo of Nicole Jones-Whythe

Nicole Jones-Whyte

Relationship Manager

Bankers with the expertise to power yours.

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Bankruptcy
Frequently Asked Questions

What banking products and services does Customers Bank offer for bankruptcy and restructuring situations?

Customers Bank provides specialized banking solutions designed to support bankruptcy estates, debtors-in-possession (DIP), trustees, lenders, and restructuring professionals throughout the restructuring process.

Our products and services include, but are not limited to, operating accounts, competitive rate money market accounts, Deposit Control Agreements (DACA) and escrow accounts for asset sales and “Stalking Horse” auctions.

Can Customers Bank help if the bankruptcy court requires estate funds to be deposited and collateralized by the end of the day?

Yes. We regularly support bankruptcy estates, debtors, trustees, and restructuring professionals facing court-imposed end-of-day deadlines. Our team is experienced in establishing qualified bankruptcy deposit accounts and implementing collateralization requirements quickly, helping customers meet urgent court orders and compliance obligations with confidence.

Is Customers Bank an approved U.S. Trustee Program (USTP) depository?

Yes. Customers Bank is an approved depository institution with the U.S. Trustee Program and is registered to support bankruptcy cases in all districts of the nation’s 15 most active bankruptcy jurisdictions. Our team works closely with restructuring professionals to provide compliant banking solutions for bankruptcy and related proceedings.

How much experience does the Customers Bank team have in bankruptcy and restructuring banking?

Our dedicated team has supported the restructuring and insolvency community for more than a decade, bringing more than 22 years of collective experience serving bankruptcy estates, debtors-in-possession (DIP), trustees, chief restructuring officers, and other restructuring professionals. We understand the unique operational, compliance, and cash management needs that arise throughout the bankruptcy process and life cycle.

Can we continue using ACH payments after filing for bankruptcy?

Yes. Clients can continue using ACH payments while operating in bankruptcy. Through our ACH prefunding solution, organizations can maintain efficient and reliable ACH payment capabilities while meeting the controls and oversight requirements often associated with bankruptcy proceedings. Our team works with clients to ensure uninterrupted access to critical payment and treasury management services.

Do you provide personal banking services?

Yes. See our full suite of personal banking services.

What makes Customers Bank different?

Customers Bank was founded in 2009 with one goal in mind: to enable our customers’ prosperity. Founded and built by bank industry veterans, we understand that true innovation is powered by people. We pride ourselves on:

  1. Customer focus, first and always. Our success is defined by our ability to serve our customers — today and in the future. We invest in new product solutions and industry innovations that translate into a better banking experience for our customers.
  2. Exceptional service, redefined. Our Single Point of Contact model means that we know our customers by name, deliver personalized service and identify business solutions that address the unique needs of each customer.
  3. A strong and sustainable model. Customers Bank is one of the nation’s top-performing banking companies. Founded in 2009, today we are among the 80 largest bank holding companies in the U.S. — all powered by organic growth.

Read more about what sets us apart — including our industry-leading Net Promoter Score.