-

Customers Bank Wins Prestigious Global Everbridge Critical Event Management Impact Award

WEST READING, Pa.--(BUSINESS WIRE)--Customers Bank was selected as the winner of the highly coveted 2020 Best Example of Making an Impact on Business Award presented by Everbridge, an organization focused on life-saving efforts through its global Critical Event Management (CEM) platform. The largest global emergency of 2020 was the outbreak and ensuing pandemic created by the novel coronavirus.

David Meredith, Chief Executive Officer of Everbridge stated “We are honored to recognize the individuals and teams taking an innovative approach to critical event management in a year rocked by an unprecedented series of crises. Customers Bank stood out this year through their commitment to life safety, operational resilience and business continuity.”

The judges reviewed hundreds of nominations from around the world to select the winners of 17 awards, consisting of individual and organizational categories. Customers Bank was selected as the winner of the award because the judges recognized the efforts of the Corporate Security Group and the organization’s culture of preparedness that included tabletop business continuity exercises, something many companies neglect.

In the fall of 2019, the executive leadership team conducted a business continuity scenario focused on an Ebola outbreak and what would happen if the senior leadership team was impacted. This exercise empowered Customers Bank to rapidly implement a program at the onset of the novel coronavirus (COVID-19) enabling the bank and its security infrastructure to avoid any interruption in services resulting from the pandemic. As part of the program, the bank quickly communicated directly with clients and team members to ensure everyone’s health and safety were protected while informing them of the switch in operations to appointment-only services in all the branches.

This forward-thinking, strategic planning enabled Customers Bank to have the policies and procedures in place to conduct emergency communications through voice, email and social media channels to keep customers and team members informed about any changes to protect everyone’s health and ensure that customers did not experience any interruption in service or access to their finances. As part of this initiative, the regional managers made direct voice contact with clients that had scheduled appointments in the near future.

“In times of unease and uncertainty, there is no such thing as over-communicating with customers and team members,” stated Richard Ehst, President and Chief Executive Officer of Customers Bank. “This level of planning may seem excessive to other organizations, but the senior leadership team takes our responsibility to protect our customers, their finances and the health of everyone involved very seriously. I cannot express how proud the management team is of our team members’ ability to adapt to the constant changes and their capability to continue to go above and beyond client expectations.”

Previous winners of the Best Example of Making an Impact on Business Award have been organizations focused on natural disasters including forest fires, mudslides, earthquakes and more.

To learn more about Customers Bank or its products and services, visit www.customersbank.com.

About Customers Bank

Customers Bank, a subsidiary of Customers Bancorp, Inc. a bank holding company, is a full-service super-community bank with assets of approximately $18.8 billion at September 30, 2020. A member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender that provides a range of banking and lending services to small and medium-sized businesses, professionals, individuals and families. Services and products are available wherever permitted by law through digital-first apps, online portals, and a network of offices and branches. Customers Bancorp, Inc.’s voting common shares are listed on the New York Stock Exchange under the symbol CUBI. Additional information can be found on the company’s website, www.customersbank.com.

Contacts

David W. Patti
Communications & Marketing Director
610-451-9452

Customers Bank

NYSE:CUBI
Details
Headquarters: West Reading, PA
CEO: Sam Sidhu
Employees: 870
Organization: PUB
Revenues: $818,312,000 (2025)
Net Income: $209,183,000 (2025)

Release Summary
Customers Bank selected by Everbridge from hundreds of global nominations as winner of 2020 Best Example of Making an Impact on Business.
Release Versions
$Cashtags
Hashtags

Contacts

David W. Patti
Communications & Marketing Director
610-451-9452

Social Media Profiles
More News From Customers Bank

Customers Bancorp Reports Results for Second Quarter 2026

WEST READING, Pa.--(BUSINESS WIRE)--Customers Bancorp, Inc. (NYSE:CUBI): Second Quarter 2026 Highlights Q2 2026 net income available to common shareholders was $71.6 million, or $2.05 per diluted share; ROAA was 1.13% and ROCE was 13.22%. Q2 2026 core earnings*1 were $71.5 million, or $2.05 per diluted share; Core ROAA* was 1.13% and Core ROCE* was 13.20%. Total deposits increased $140.3 million, or 0.6% in Q2 2026 from Q1 2026, and $2.8 billion, or 14.5% from Q2 2025 to a period end record lev...

Customers Bancorp, Inc. Hosts Second Quarter 2026 Earnings Webcast Friday, July 24, 2026

WEST READING, Pa.--(BUSINESS WIRE)--Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”), will host a webcast at 9:00 AM EST on Friday, July 24, 2026, to report its earnings results for the three months ending June 30, 2026. The webcast will be conducted by Sam Sidhu, President & CEO of Customers Bancorp, and Mark McCollom, Chief Financial Officer of Customers Bancorp. Register online for the webcast. The live audio webcast, presentation sli...

Customers Bank Deploys Qualia Shield for Customers, Advancing Wire Fraud Prevention for Title and Escrow Professionals

WEST READING, Pa.--(BUSINESS WIRE)--Customers Bank, the over $25 billion subsidiary of Customers Bancorp (NYSE: CUBI), today announced its integration with Qualia Shield, a natively integrated wire fraud prevention solution built for title and escrow professionals by Qualia. This milestone deepens the Bank’s existing partnership with Qualia, the real estate industry’s leading AI-powered digital closing platform and delivers meaningful new capabilities that streamline and secure the real estate...
Back to Newsroom