Customers Bank Adds a Banking Group to the Private & Commercial Banking Division In the New York Metro Market

WYOMISSING, Pa., April 26, 2018 (GLOBE NEWSWIRE) -- Customers Bank, a leading super-community bank with operations in Pennsylvania, District of Columbia, Illinois, New York, New Jersey and New England, announced today the addition of a new banking group to its Private and Commercial Banking Division’s New York Metro Market.

Oleg Karaman was named Senior Vice President and Banking Group Head and will co-lead the banking group, which includes members that prior to joining Customers Bank, worked together at Signature Bank of New York and Sterling National Bank, respectively. Oleg also served as a select branch manager at Santander and assistant branch manager at Independence Community Bank. He began his banking career in 2002 as an assistant financial manager at Washington Mutual Bank. Oleg actively serves on the Banking Committee of the industry group Invest in the USA (IIUSA).
  
Daniel Topple was named Senior Vice President. Prior to joining Customers Bank, Daniel worked alongside Oleg in Manhattan at Signature Bank and Sterling National Bank, respectively. Topple also held posts at HSBC as a senior premiere relationship manager and at First Republic Bank as a branch manager, respectively. He began his banking career at Bank of America Private Bank in 2003 as a junior private client manager. Daniel is active with IIUSA, Little Kids Rock, American Society for the Prevention of Animal Cruelty and Cystic Fibrosis Foundation.

Karaman and Topple sourced over $200 million in deposit business at their prior bank and in addition to managing their business book, they delivered escrow services, cash management and deposit products to their customers.

“We look forward to executing on the Bank’s single point of contact, high-tech, high touch approach,” said Karaman. “Our last company wasn’t committed to the deposit centric business that made us successful nor to the ‘customer first’ culture that aligns us with Customers Bank,” Karaman added.

"Seasoned banking professionals that are laser-focused on providing the products and services businesses need and the high quality service that customers deserve gravitate to Customers Bank. Oleg and his banking group are aligned with our single point of contact, high-tech, and high-touch model,” said George Maroulis, managing director, executive vice president and Head of Customers Bank Private and Commercial Banking.

About Customers Bancorp, Inc. and 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 $9.9 billion at December 31, 2017. 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]