Market Overview

Customers Bank's Residential Mortgage Team Adds New Members to Meet Growing Need

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WYOMISSING, Pa., July 26, 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, announced that Christopher Claffey, Rosa Hernandez, and Caroline Sabatini have joined its Residential Mortgage Team.

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Christopher Claffey serves Customers Bank as Vice President, Producing Sales Manager, and manages a team responsible for mortgage loan origination and brand growth in the Philadelphia region. Claffey brings more than 15 years of loan origination experience to his role, and previously served as Vice President, Area Sales Manager for Victorian Finance. He works in Customers Bank's Phoenixville office, where he reports to Michael Garcia, Vice President of Mortgage Lending. Claffey holds a Bachelors of Business Administration/Marketing degree and a Bachelor of Arts, Business Administration and Management, General degree from Millersville University of Pennsylvania.

Rosa Hernandez joins Customers Bank as Assistant Vice President, CRA Loan Officer, where she is responsible for originating residential loans in Philadelphia and New Jersey to support our customers and the Community Reinvestment Act. In this capacity, Hernandez will work directly with non-profit organizations, government agencies, realtors, affordable housing agencies, and first-time home buyers. Rosa has more than 20 years of CRA lending experience in the Philadelphia, Delaware and New Jersey markets, and helps clients achieve their homeownership goals by understanding their unique financial situations and providing lending solutions best suited for immediate and long-term needs. Hernandez, who most recently served as a CRA Loan Officer for Bryn Mawr Trust, works out of Customers Bank's Hamilton, Philadelphia and NJ branch offices, and reports to Michael Garcia, Vice President of Mortgage Lending. She holds a Technical Banking Degree from The Banking Institute.

Caroline Sabatini is a Loan Originator and Loan Officer Assistant for Customers Bank, where she supports loan origination in the Philadelphia region. With more than 30 years of experience helping homeowners find solutions for their financing needs, Sabatini has extensive knowledge of Conventional, FHA, VA, USDA and PHFA programs. She is based out of Customers Bank's Doylestown and Langhorne offices, and reports to Christopher Claffey, Vice President, Producing Sales Manager.  Sabatini holds a Bachelor of Arts/Bachelor of Science degree in Business Management/Accounting from West Chester University of Pennsylvania.

"As mortgage rates continue to rise, more and more customers are reaching out to us for guidance on the best finance solutions to help them achieve their dreams of home ownership," said Lorie Shannon, Director of Mortgage Lending for Customers Bank's Residential Mortgage Team. "Customers Bank prides itself on its ability to provide customized loan solutions that meet the special needs of today's homebuyers. With the combined experience and passion of Christopher, Rosa, and Caroline, we'll be able to help even more individuals and families achieve homeownership."

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.

Customers Bank
1015 Penn Avenue 
Wyomissing, PA 19610

 
Contact:

Richard Ehst
President & COO
610-917-3263

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