Use Any ATM in the USA Free

WYOMISSING, Pa., June 29, 2011 /PRNewswire/ -- Customers Bank offers a Convenience Checking Account, which refunds all surcharges incurred from using any of the 400,000 ATM machines in the USA. Account holders receive no charge from Customers Bank for using someone else's ATM and any surcharge incurred from using any other ATM is refunded automatically each month.

Aptly named, Convenience Checking is a typical product of Customers Bank that is simple to understand and simple to use, which along with convenient banking have contributed to Customers Bank being ranked fourth out of 3,077 community banks with total assets less than $3 billion in the USA by the ABA Banking Journal in its 19th Annual Bank Performance Rankings published this month.

"Customers Bank is committed to providing our customers with the best possible banking experience. Our success, in large part, is due to our philosophy that touches every area of our organization: putting the needs of our customers first," said Warren Taylor, President of Community Banking, Customers Bank. "Why should a customer have to pay to withdraw their own money?  Our customers want surcharge-free access to their money at any ATM in the USA.  They want simple, convenient banking. Our customers experience an entirely new way of banking, an unrivaled level of convenience, which results from combining high-tech tools delivered with high-touch customized service so that our customers can bank when, where and how they want."

Convenience Checking offers free online banking, bill pay services, and a free debit card. Customers earn cash back rewards when using their debit card at various merchants and rely on free text messaging services.  Low account balance alerts helps customers prevent bouncing checks, or the customer can text the Bank and ask for their account balance, transfer funds or see what checks have recently cleared.  Convenience Checking is easy to understand.  A customer simply maintains an average balance of $5,000 or more in any combination of accounts between personal checking, savings, money market savings, certificate of deposit, Individual Retirement Account, home equity loan and/or home equity lines of credit (outstanding balance).

"Convenience Checking saves customers money and is simple to understand and use," said Taylor.

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