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Published on 9/11/2012 in the Prospect News PIPE Daily.

Customers Bancorp increases private placement of stock to $85 million

Bank holding company intends to sell its common shares in offering

By Devika Patel

Knoxville, Tenn., Sept. 11 - Customers Bancorp, Inc. increased a private placement of common stock to $85 million from $50 million on Sept. 11, according to an 8-K filed Tuesday with the Securities and Exchange Commission. The deal was announced Aug. 28.

Based in Wyomissing, Pa., Customers is a bank holding company.


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