other material
confidence high
sentiment neutral
materiality 0.60
Customers Bancorp says FTX bankruptcy has no material impact; CBIT deposits stable at $1.85B
Customers Bancorp, Inc.
- No deposit relationship with FTX or related companies; no loans to any digital asset banking clients.
- CBIT-related deposit balances stable at $1.85 billion as of November 15, 2022.
- Bank's total assets exceed $20 billion; update provided due to FTX bankruptcy events.