Customers Bank Acquires $631MM Venture Loan Portfolio, Recruits Venture Banking Team
Customers Bank acquired a $631 million venture banking loan portfolio from the FDIC at approximately 85% of book value. Customers Bank also recruited 30 team members from the group that originated the loans to service the venture-backed growth industry.
June 19, 2023
Customers Bancorp | Customers Bank | Jay Sidhu | Sam Sidhu
Ian Koplin