Customers Bank Launches Loan Syndications Banking Team, Silberman to Lead

Customers Bank, a digital and fintech-forward community bank, and the bank subsidiary of Customers Bancorp, launched a new loan syndications banking team. Kyle Silberman has been hired to be managing director and head of loan syndications.

February 17, 2023 Customers Bank | Kyle Silberman | Sam Sidhu Ian Koplin

ING Provides $225MM Star Mountain Capital Asset-Based Leverage Facility

Star Mountain Capital closed a $225 million asset-based leverage facility led by ING Capital. The lending group consists of ING, CIT, TIAA Bank, Axos Bank, East West Bank, Georgia Banking Company and Customers Bank.

July 23, 2021 Axos Bank | CIT | Customers Bank | East West Bank | Georgia Banking Company | ING Capital | Star Mountain Capital | TIAA Bank Rita Garwood

Customers Bank Expands Fund Financing Team

Customers Bank hired Joseph M. Pennini as managing director and head of fund finance. In addition, Marya Savola will join Pennini’s fund finance team as vice president and credit portfolio manager, while Oleg Karaman will round out the fund finance team.

June 4, 2021 Customers Bank | J.P. Morgan | Joseph M. Pennini | Lyle Cunningham | Marya Savola | Oleg Karaman Ian Koplin

Deutsche Bank Serves as Administrative Agent on $25MM Facility Expansion for TriplePoint

Deutsche Bank served as administrative agent on the expansion of TriplePoint Venture Growth’s revolving credit facility to $325 million. Existing lenders include KeyBank, TIAA, FSB, MUFG, Hitachi Capital and NBH Bank. Customers Bank joined as a new lender.

December 15, 2020 Christopher Mathieu | Customers Bank | Deutsche Bank AG | FSB | Hitachi Capital | KeyBank | MUFG | NBH Bank | TIAA | TriplePoint Venture Growth Phil Neuffer

Customers Bank Promotes Bowman to Senior EVP, Member of the Office of the Chair

Customers Bank promoted Andrew Bowman to senior executive vice president and member of the office of the chair. Bowman leads a team of more than 50 financial professionals involved in credit underwriting, loan work-out, collections, appraisals, environment orders and reviews.

June 16, 2020 Andrew Bowman | Customers Bank | Jay Sidhu | Richard Ehst Phil Neuffer

Customers Bank Names Karaman, Topple SVPs

Customers Bank appointed Oleg Karaman and Daniel Topple to a new banking group in its Private and Commercial Banking Division’s New York Metro Market.

April 27, 2018 Customers Bank | Daniel Topple | Oleg Karaman Amanda Koprowski

KeyBank Downsizes Gladstone Facility to $165MM

Gladstone Investment reduced its credit facility from $185 million to $165 million. KeyBank served as administrative agent for a group of lenders including Alostar Bank of Commerce, M & T Trust, East West Bank, Chemical Bank and Customers Bank.

November 18, 2016 AloStar Bank of Commerce | Chemical Bank | Customers Bank | East West Bank | Gladstone Investment | KeyBank | M&T Trust ABF Journal

AloStar Agents $52.5MM Revolver for Fora Financial

Fora Financial closed a $52.5 million senior revolving credit facility with a bank group led by AloStar Capital Financing serving as sole lead arranger and administrative agent.

May 20, 2016 AloStar Capital Finance | BankUnited | Customers Bank | First Tennessee Bank | Fora Financial ABF Journal

Customers Launches Commercial Finance Business

Richard Ehst, president and COO of Customers Bank, formed a Commercial Finance Group based in New England.

April 28, 2015 Customers Bank ABF Journal

Customers Bank to Buy Flagstar’s Northeast Loan Portfolio

Flagstar Bancorp said Customers Bank will acquire Flagstar’s remaining Northeast-based commercial loan portfolio.

February 6, 2013 Customers Bank | Flagstar Bank | Northeast Loan Portfolio Flagstar Bancorp ABFJ News