Customers Bank Promotes Tim Romig to Chief Lender

WYOMISSING, Pa., July 13, 2011 /PRNewswire/ -- Customers Bank is pleased to announce the promotion of Tim Romig from the position of Executive Vice President and Chief Lending Officer for the Berks and Schuylkill County Region to Executive Vice President and Chief Lending Officer for Customers Bank. Tim will continue to report directly to Richard Ehst, President and Chief Operating Officer.

In his new position Tim will be responsible for growing the commercial lending portfolio across the Bank's footprint as well as for compliance with the Bank's credit policy and procedures.  Tim will manage the regional chief lending officers, the Commercial Deposit Services Division, and the Government Guaranty Lending Division.

Since Tim joined Customers Bank in August 2010, he has been actively engaged with the development of commercial lending in Berks and Schuylkill Counties.

Romig, of Orwigsburg, PA has been in commercial banking for 27 years.  Before coming to Customers Bank, Tim was employed for 12 years with VIST Financial Corp. in Wyomissing, PA. While at VIST, he served as Senior Vice President of commercial lending with management responsibilities for the commercial lending teams in Wyomissing and Blue Bell, Pennsylvania. Tim also spent fifteen years with Keystone Financial Corporation and its acquired companies.

Tim is active in the community serving on the Board of Directors of the Olivet's Boys and Girls Clubs, Greater Berks Development Fund, Berks Economic Partnership, and Ben Franklin Technology Fund Associate Board. Tim also is active with Kutztown University Business and Industry Berks Division, Hawk Mountain Council of Boy Scouts of America, and served as the 2011 chairman for their major fundraising event.

Tim resides in Orwigsburg Schuylkill County with his wife Tara and is the proud father of daughters, Erica and Mackenzie and son, Zachary.

About Customers Bank

Customers Bank (the "Bank") is a state-chartered, full-service bank headquartered in Phoenixville, Pennsylvania.  The Bank is a member of the Federal Reserve System and is insured by the Federal Deposit Insurance Corporation (FDIC).  With assets of more than $1.6 billion, the Bank provides a full range of banking services to small and medium-sized businesses, professionals, individuals and families through branch locations in Pennsylvania, New York and New Jersey.

"Safe Harbor" Statement

In addition to historical information, this information may contain "forward-looking statements" which are made in good faith by the Bank, pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.  These forward-looking statements include statements with respect to the Bank's strategies, goals, beliefs, expectations, estimates, intentions, financial condition, results of operations, future performance and business.  Statements preceded by, followed by or that include the words "may," "could," "should," "pro forma," "looking forward," "would,"  "believe," "expect," "anticipate," "estimate," "intend," "plan," or similar expressions generally indicate a forward-looking statement.  These forward-looking statements involve risks and uncertainties that are subject to change based on various important factors (some of which, in whole or in part, are beyond the Bank's control).  Numerous competitive, economic, regulatory, legal and technological factors, among others, could cause the Bank's financial performance to differ materially from the goals, plans, objectives, intentions and expectations expressed in such forward-looking statements.  The Bank cautions that the foregoing factors are not exclusive, and neither such factors nor any such forward-looking statement takes into account the impact that any future acquisition may have on the Bank and any such forward-looking statement.  The Bank does not undertake to update any forward-looking statement whether written or oral, that may be made from time to time by or on behalf of the Bank.

SOURCE Customers Bank