Customers Bank Increases its PPP Commitment to $500 Million, Using OakNorth to Help Support America’s Small and Medium-sized Businesses
Customers Bancorp, Inc (CUBI)
Last customers bancorp, inc earnings: 1/22 04:54 pm
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Source: Business Wire
WYOMISSING, Pa.--(BUSINESS WIRE)--Customers Bank (NYSE:CUBI) has processed loan applications totaling more than $200 million to help save American businesses and is expanding its capacity to process loans under the federal Paycheck Protection Program (PPP).When the national disaster was announced on March 13, Customers Bank pledged to put $200 million to work restoring the American economy. In just the past four days, the bank met that goal.PPP is chief among the tools used by the Bank’s SBA Government Guaranteed Lending and Small Business teams to get capital flowing in the economy. In just one week, the bank has accepted 500 applications, processing 300 of them so far for submittal to the Small Business Administration. These PPP loans make up the lion’s share of disaster lending to date.“We are proud to be playing a role in the recovery of the American economy,” said Jay Sidhu, Executive Chairman of Customers Bank. “Our team members have been working around the clock to get thes
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CUBI
News
- CUSTOMERS BANCORP, INC. ANNOUNCEMENT: If You Have Suffered Losses in Customers Bancorp, Inc. (NYSE: CUBI), You Are Encouraged to Contact The Rosen Law Firm About Your RightsGlobeNewswire
- CUBI BREAKING NEWS: Customers Bancorp, Inc. Investors that Suffered Losses are Encouraged to Contact RLF about Ongoing Investigation into the Company (NYSE: CUBI)PR Newswire
- Customers Bancorp, Inc. (NYSE: CUBI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- CUBI BREAKING NEWS: Customers Bancorp, Inc. Investors that Suffered Losses Are Encouraged to Contact Rosen Law Firm About Ongoing Investigation into the Company (NYSE: CUBI)GlobeNewswire
- CUBI INVESTOR NEWS: Customers Bancorp, Inc. Investors that Suffered Losses are Encouraged to Contact RLF about Ongoing Investigation into the Company (NYSE: CUBI)PR Newswire
CUBI
Earnings
- 10/31/24 - Miss
CUBI
Sec Filings
- 11/22/24 - Form 4
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 4
- CUBI's page on the SEC website