Customers Bank
Encyclopedia
Customers Bank, with Executive Offices in Wyomissing, PA, is a $1.6 billion asset bank
with 11 branches in suburban Philadelphia, Hamilton, NJ, and Port Chester NY. In 2010, Customers Bank was recognized as one of America’s top performing banks in its size category by the ABA Banking Journal. The company is led by Jay Sidhu
, who previously served as the CEO (chief executive officer
) and Chairman of Sovereign Bancorp , Inc and Sovereign Bank
. Since Sidhu joined Customers Bank in June 2009, the Bank has markedly increased assets, and the number of employees has tripled.
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
with 11 branches in suburban Philadelphia, Hamilton, NJ, and Port Chester NY. In 2010, Customers Bank was recognized as one of America’s top performing banks in its size category by the ABA Banking Journal. The company is led by Jay Sidhu
Jay Sidhu
Jay Sidhu is the Chairman and CEO of Customers Bank, a $1.6 billion asset bank with headquarters in Wyomissing, Pennsylvania. Customers Bank currently has 11 branches in suburban Philadelphia, Hamilton, NJ and Port Chester, NY...
, who previously served as the CEO (chief executive officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
) and Chairman of Sovereign Bancorp , Inc and Sovereign Bank
Sovereign Bank
Sovereign Bank is a wholly owned subsidiary of the Spanish Grupo Santander. Based in Boston, Massachusetts, the bank—whose principal market is in the Northeastern United States—has more than $77 billion in assets, operates 723 retail banking offices, over 2,300 ATMs and employs approximately 8,500...
. Since Sidhu joined Customers Bank in June 2009, the Bank has markedly increased assets, and the number of employees has tripled.