Under the directorship of Bhanu Choudhrie, Customers Bank has expanded to assets worth $6.5 billion. The community-based, full-service bank, hosted keynote speaker Marcus Lautrell on Veteran’s Day 2014 and made a representation at the Foundation for Excellence in Education 2014 National Summit on Education Reform in Washington, D.C. through Dick Ehst, President and Chief Operating Officer Customers Bank.
The Summit kicked off with a keynote address from Governor Jeb Bush, the founder and chair of the Foundation for Excellence in Education. Joining him was Condoleezza Rice, Former Secretary of State and current professor at Stanford University who took stock of the nation’s education health in her address.
Governor Bush has been a driving force in strengthening academic standards in Florida. In his acknowledgement of Bush’s endeavors, Ehst said, “The governor insisted on accountability in public schools. As a result of his actions, today, more Florida students are reading, writing and doing math and science at- or above grade level. These results are very impressive.”
Customers Bank is the banking subsidiary of holding company Customers Bancorp, Inc and is listed on the NASDQ under the symbol CUBI with Bhanu Choudhrie as the director. It’s a member of the Federal Reserve System insured by the FDIC. Its outreach spans small and medium businesses and the professional community of Pennsylvania, New York, Rhode Island, Massachusetts and New Jersey.
The bank has recently announced a mobile-tablet banking platform, BankMobile, which will enable users to avail banking services free of cost. The platform shall be tried out in beta and the feedback from the first 5,000 users shall be referenced for platform enhancement. BankMobile is talked about as a ‘one of its kind’ initiative that will revolutionise banking like never before with many ad hoc advantages for its users.