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 liabilities of the BankMobile unit. In a press release, the company said the sale includes all deposits, technology, intellectual property...
March 24, 2023
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 co-investors, Bloomberg reported Thursday (March 23), citing unnamed sources. There’s been no financial decision, and Customers Bancorp could choose not to continue with the project, according to the report. Reached […]
March 09, 2017
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 liabilities of the BankMobile unit....