PYMNTS-MonitorEdge-May-2024

Customers Bancorp

Fed Enforcements Now Focus on Instant Payments and Tokens
Fed Enforcements Now Focus on Instant Payments and Tokens
August 09, 2024  |  Bank Regulation

A recent enforcement action by the Federal Reserve taken against Customers Bancorp and its Customers Bank subsidiary has taken note of the risks and challenges...

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Customers Bancorp Reportedly Seeks Potential Co-Investors for Silicon Valley Bank
Customers Bancorp Reportedly Seeks Potential Co-Investors for Silicon Valley Bank
March 24, 2023  |  Acquisitions

Customers Bancorp is reportedly working to put together an offer for Silicon Valley Bank. The Pennsylvania-based bank is exploring such a deal and seeking potential...

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Customers Bancorp Sells BankMobile For $175M To Flagship Community Bank
Customers Bancorp Sells BankMobile For $175M To Flagship Community Bank
March 09, 2017  |  Partnerships / Acquisitions

Customers Bancorp, the parent company of Customers Bank, announced Wednesday (Mar. 8) the execution of a purchase and assumption agreement to sell the assets and...

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