Customers Bank Names Justin M. Mann as Treasurer
WYOMISSING, Pa., Oct. 10, 2018 (GLOBE NEWSWIRE) -- Customers Bank, the region’s leading super-community bank with operations in Pennsylvania, D.C., Illinois, New York, New Jersey and New England, is pleased to announce that Justin M. Mann has been appointed Treasurer of the Bank.
Mann, 41, joined Customers Bank in 2015 as the Interest Rate Risk Manager before being promoted to Director of Treasury Analytics in mid-2018. In his new role, Mann will lead the Bank’s Treasury functions, including investment portfolio management, liquidity risk management and funding, and market risk management. He will also have oversight of the Bank’s capital stress testing efforts, as well as leading the development of additional data analytics to support the Treasury and Corporate Planning functions.
“This is an exciting time for Customers Bank,” commented Chairman & CEO Jay Sidhu. “We are embracing new opportunities and challenges with digital banking, and expanding high-tech delivery of our services. Justin Mann is the perfect leadership fit for an evolving organization in this evolving financial services landscape.”
Mann has 18 years of experience serving in various capacities across the financial services industry. Prior to joining Customers Bank in 2015, Mann managed market risk at several regional financial institutions, including Susquehanna Bancshares, Inc., Fulton Financial Corporation, and Community Banks, Inc. He also played an instrumental role in the build-out of the Dodd-Frank Act Stress Testing (DFAST) program at Susquehanna Bancshares, Inc.
“At Customers Bank, we recruit, develop, retain and promote talent,” said Richard A. Ehst, President & COO. “Justin Mann is a trusted, motivated member of our team who was well-qualified for this opportunity.”
Mann holds a Bachelor of Science degree in Accounting from York College of Pennsylvania. Mann, his wife, and his young son reside in York County.
About Customers Bank
Customers Bancorp, Inc. is a bank holding company located in Wyomissing, Pennsylvania engaged in banking and related businesses through its bank subsidiary, Customers Bank. Customers Bank is a community-based, full-service bank with assets of approximately $11.1 billion at June 30, 2018. 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 services to small and medium-sized businesses, professionals, individuals and families through offices in Pennsylvania, District of Columbia, Illinois, New York, Rhode Island, Massachusetts, New Hampshire, and New Jersey. Committed to fostering customer loyalty, Customers Bank uses a High Tech/High Touch strategy that includes use of industry-leading technology to provide customers better access to their money, as well as Single Point of Contact banking by appointment at customers’ homes or offices 12 hours a day, seven days a week. Customers Bank offers a continually expanding portfolio of loans to small businesses, multi-family projects, mortgage companies and consumers. Customers Bancorp, Inc. voting common shares are listed on the New York Stock Exchange under the symbol CUBI. Additional information about Customers Bancorp, Inc. can be found on the Company's website, www.customersbank.com.
Contact:
Richard Ehst, President & COO
610-505-9190
[email protected]