Customers Bank, the subsidiary of Customers Bancorp has been named to the Inc. 2024 Best in Business list in the Financial Services category.
The publication’s annual Best in Business Awards recognize the achievements and contributions of companies that have made a “profound impact on their industries and on society at large,” according to a press release. The list for 2024 included 214 businesses from across the country.
The bank stood out because of its industry-leading franchise growth over the last 18 months — in both deposits and market expansion — unique operating model and commitment to principles of sound risk management, the company said in the release.
“Founded by entrepreneurs for entrepreneurs, Customers Bank delivers the product suite of larger financial institutions with a level of service beyond what large banks can offer,” Sam Sidhu, president and CEO of Customers Bank, said in a statement. “With ‘customer’ in our name and at the very heart of why we exist, we adhere to a unique operating model that is anchored around a single point of contact, a focused product offering and a culture of exceptional customer service.”
Inc.’s Best in Business list recognizes companies that have achieved significant milestones and core business wins, including customer expansion, key product launches, increased market share, and industry-defining accomplishments. Companies from a wide range of industries – such as technology, health care, finance, and retail – were recognized this year. Customers Bank was the only Pennsylvania bank that was recognized for 2024.
Inc.’s Best in Business Awards are open to companies of all sizes and types, in all industries and locations. Public, private, nonprofit, subsidiary, U.S.-based, and international companies are all encouraged to apply, according to the release.
To see the 2024 list, visit inc.com/best-in-business.
With $21 billion in assets, Customers Bank has its headquarters in Charlestown Township, Chester County. Customers Bancorp Inc., is headquartered in West Reading, Berks County.