Customers Bancorp, Inc. and Customers Bank Announces Retirement of Rick B. Burkey as Member of the Board of Directors
March 25, 2022 at 04:32 pm
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On March 24, 2022, Rick B. Burkey, a member of the board of directors of Customers Bancorp, Inc. and Customers Bank, informed the company that he intends to retire from the board of directors and will not stand for reelection at the company's 2022 Annual Meeting of Shareholders. His retirement will become effective immediately following the 2022 Annual Meeting of Shareholders. Mr. Burkey has served as a director of the Company since 2016, and currently is a member of the Nominating and Corporate Governance Committee of the Company, a member of the Directors' Risk Committee of the Company and the chairman of the Board Compliance Committee of Customers Bank.
Customers Bancorp, Inc. is a bank holding company, which is engaged in banking activities through its subsidiary, Customers Bank (the Bank). The Bank provides banking products, primarily loans and deposits, to businesses and consumers through its branches, limited production offices and administrative offices in Berks County and Southeastern Pennsylvania, New York, Hamilton, New Jersey, Boston, Massachusetts, and other geographies. The Bank administratively supports loans and other financial products, including equipment finance leases, to customers. It also offers venture banking loan portfolios. The Bank serves specialty businesses nationwide, including its commercial loans to mortgage companies, commercial equipment financing, SBA lending, specialty lending and consumer loans through relationships with fintech companies. The Bankâs specialty lending includes fund finance, real estate specialty finance, technology and venture, healthcare, and financial institutions group.