---
schema_version: "secwatch.filing_event.v1"
accession: "0001488813-23-000069"
form_type: "8-K"
ticker: "CUBI"
cik: "0001488813"
company_name: "Customers Bancorp, Inc."
filed_at: "2023-06-16T23:59:59+00:00"
generated_at: "2026-06-13T22:33:49.592758+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Customers Bancorp acquires $631M loan portfolio from FDIC at 15% discount, hires 30 venture bankers

## Summary
- Acquired $631M venture banking loan portfolio from FDIC at ~85% of book value (15% discount).
- Recruited 30 team members from the originating group to service venture-backed growth companies.
- New venture banking coverage in Austin, Bay Area, Boston, Southern California, Chicago, Denver, Raleigh/Durham, D.C.
- Portfolio will be combined with existing Technology & Venture Capital Banking and Fund Finance groups.
- Additional details to be provided on Q2 earnings call.

## SEC filing metadata
- accession: 0001488813-23-000069
- form_type: 8-K
- ticker: CUBI
- cik: 0001488813
- company_name: Customers Bancorp, Inc.
- filed_at: 2023-06-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1488813/000148881323000069/0001488813-23-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1488813/000148881323000069/cubi-20230616.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001488813-23-000069
- JSON: https://secwatch.observer/filing/0001488813-23-000069.json
- Plain text: https://secwatch.observer/filing/0001488813-23-000069.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.