Press Release

Customers Bank Recognized as a 2019 Healthiest Employer by the Philadelphia Business Journal

WYOMISSING, PA. (June 13, 2019) – Customers Bank, a leading super-community bank with operations in Pennsylvania, District of Columbia, Illinois, New Jersey, New York and New England, is pleased to announce that the Philadelphia Business Journal will honor the company today as one of the 2019 Healthiest Employers in the Greater Philadelphia region. To celebrate this year’s winners, the Philadelphia Business Journal will host a special event for the healthiest employers this morning in the Ballroom at the Ben, located at 834 Chestnut Street.

The Healthiest Employers program is conducted annually by the Philadelphia Business Journal to recognize organizations that go beyond simply offering typical health benefits. Employers throughout the region are judged on multiple criteria to identify companies that best promote healthier living.

“Helping our Team Members prioritize health and well-being, and achieve an appropriate work-life balance is very important to the executive leadership team,” stated Richard Ehst, President and Chief Operating Officer of Customers Bank. “What has been truly energizing has been everyone’s interest and increased participation in the monthly health challenges we create.”

The number of Team Members who completed the Wellness Program and earned the top incentive increased from 45% to 79% over the last 12 months. Customers Bank’s program extends beyond physical health and incorporates activities and exercises to assist Team Members in achieving financial, mental, emotional and social well-being as well.

The Wellness Program has been 6 years in the making, originally started by Karen Kirchner, Director of Team Member Services and implemented by Sandy Collins, Team Member Services Learning, Communication and Wellness Manager.

Customers Bank’s program is led by volunteer Wellness Champions who engage Team Members to actively participate in workshops, webinars, monthly challenges, health quizzes and more. Team Members can also access nutritional and dietary resources, physical fitness programs, biometric screenings, health risk assessments and more as part of the Wellness Program. Personal health coaches are available to assist with weight management, stress management, tobacco cessation, life balance and other health concerns.

To learn more about Customers Bank, please visit www.CustomersBank.com.

About Customers Bank

Customers Bank is a super-community bank with $10.1 billion in assets as of March 31, 2019, offering commercial and consumer banking services along the I-95 corridor from Washington, DC to Boston; and in Chicago. Commercial products include cash management; commercial and industrial loans; small business loans; SBA government-guaranteed loans; commercial and multi-family real estate loans; and financing for leasing businesses and residential developers.

Customers Bank provides consumer banking services including savings, checking, and money market accounts; certificates of deposit; residential mortgages; and consumer loans. Additional consumer products include “BankMobile Vibe online banking,” marketed by the BankMobile Division and “Ascent Money Market Savings,” marketed by the Customers Bank Digital Banking Division.

Customers Bank is a member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation. Customers Bank is an equal opportunity lender. Customers Bank takes pride in delivering extremely high levels of customer service while charging comparatively very low fees; service that makes our clients say, “Wow.”

Commercial clients enjoy Single Point of Contact service with one team to handle all banking needs. Retail bank clients are afforded Concierge Banking® Services that brings banking to them, when and where they need it.

Customers Bank, with its headquarters located in Phoenixville, Pennsylvania, is a subsidiary of Customers Bancorp, Inc., a bank holding company. The voting common shares of Customers Bancorp, Inc. are listed on the New York Stock Exchange under the symbol CUBI.