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Customers Bank’s William Pizzichil Named Executive Vice President, Chief Compliance Officer

Customers Bank’s William Pizzichil Named Executive Vice President, Chief Compliance Officer

Wyomissing, Pa. (May 30, 2018) – 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 William Pizzichil, CRCM, has been promoted to Executive Vice President, Chief Compliance Officer. Pizzichil, who joined Customers Bank in 2011 as Compliance Officer, AVP, will serve from the company’s Wyomissing headquarters.

In his new role, Pizzichil will be responsible for overseeing the Bank’s regulatory compliance department, including the development and maintenance of compliance policies and the creation and implementation of procedures that are in line with the Bank’s overall goals.

Pizzichil brings an extensive background in all areas of banking industry compliance, risk control and risk management to his new role.  In addition to earning multiple promotions since joining the bank in 2011, he served as Compliance, BSA & Security Officer, AVP for Fox Chase Bank, and Compliance and BSA Officer for Stonebridge Bank.

“Bill’s vast knowledge and experience in all areas of compliance and risk management will play a critical role in overseeing Customers Bank’s comprehensive regulatory program,” said Richard Ehst, President and Chief Operating Officer, Customers Bank. “He is deeply invested in the Bank’s culture and success, and his insight and experience will play an integral role as we move forward with our strategies for sustained, profitable growth.”

Pizzichil holds a Bachelors Degree in English Literature from West Chester University of Pennsylvania.

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 $10.8 billion at March 31, 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.