Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
Registration No: 333-166225
September 6, 2011

Attached is the presentation by management during the Annual Meeting of Shareholders of Customers Bank on September 6, 2011.


Annual Shareholders Meeting
September 6, 2011

Forward-Looking Statements
This presentation includes forward-looking statements, including statements about future results. These
statements are subject to uncertainties and risks, including but not limited to our ability to integrate the
business and operations of companies and banks that we may acquire in the future, and do so in a cost-
efficient manner; the failure to effectively implement our growth strategy; inability to generate sufficient
deposits or obtain other sources of liquidity; changes in the level of non-performing assets, classified
assets and charge-offs; the loss of key personnel; potential customer loss, deposit attrition and business
disruption as a result of companies and banks that we may acquire in the future; the failure to achieve
expected gains, revenue growth, and/or expense savings from companies and banks that we may acquire
in the future; our need and our ability to incur additional debt or equity financing; the strength of the
United States economy in general and the strength of the local economies in which we conduct
operations; the accuracy of our financial statement estimates and assumptions, including the sufficiency
of our loan loss reserves; the effects of inflation, interest rate, market and monetary fluctuations; the
effects of our lack of a diversified loan portfolio, including the risks of geographic and industry
concentrations; the frequency and magnitude of foreclosure of our loans; effect of changes in the stock
market and other capital markets; legislative or regulatory changes; our ability to comply with the
extensive laws and regulations to which we are subject; the willingness of customers to accept third-party
products and services rather than our products and services and vice versa; changes in the securities and
real estate markets; increased competition and its effect on pricing; technological changes; changes in
monetary and fiscal policies of the U.S. Government; the effects of security breaches and computer
viruses that may affect our computer systems; changes in consumer spending and saving habits; growth
and profitability of our non-interest income; changes in accounting principles, policies, practices or
guidelines; anti-takeover provisions under Federal and state law as well as our Articles of Association and
our bylaws; and our ability to manage the risks involved in the foregoing.

Forward-Looking Statements updated
This presentation as well as other written or oral communications made from time to time by us, may contain certain
forward-looking information within the meaning of the Securities Act of 1933, as amended, and the Securities
Exchange Act of 1934, as amended. These statements relate to future events or future predictions, including events
or predictions relating to our future financial performance, and are generally identifiable by the use of forward-looking
terminology such as “believes,” “expects,” “may,” “will,” “should,” “plan,” “intend,” or “anticipates” or the negative
thereof or comparable terminology, or by discussion of strategy that involve risks and uncertainties. These forward-
looking statements are only predictions and estimates regarding future events and circumstances and involve known
and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance
or achievements to be materially different from any future results, levels of activity, performance or achievements
expressed or implied by such forward-looking statements. This information is based on various assumptions by us
that may not prove to be correct.
Important factors to consider and evaluate in such forward-looking statements include:
· changes in the external competitive market factors that might impact our results of operations;
· changes in laws and regulations, including without limitation changes in capital requirements under the federal
 prompt corrective action regulations;
· changes in our business strategy or an inability to execute our strategy due to the occurrence of unanticipated
· our ability to identify potential candidates for, and consummate, acquisition or investment transactions;
· the timing of acquisition or investment transactions;
· constraints on our ability to consummate an attractive acquisition or investment transaction because of
 significant competition for these opportunities;
· the failure of the Bank to complete any or all of the transactions described herein on the terms currently
· local, regional and national economic conditions and events and the impact they may have on us and our
· ability to attract deposits and other sources of liquidity;
· changes in the financial performance and/or condition of our borrowers;
· changes in the level of non-performing and classified assets and charge-offs;

Forward-Looking Statements updated
· changes in estimates of future loan loss reserve requirements based upon the periodic review thereof under
 relevant regulatory and accounting requirements;
· the integration of the Bank’s recent FDIC-assisted acquisitions may present unforeseen challenges;
· inflation, interest rate, securities market and monetary fluctuations;
· the timely development and acceptance of new banking products and services and perceived overall value of
 these products and services by users;
· changes in consumer spending, borrowing and saving habits;
· technological changes;
· the ability to increase market share and control expenses;
· continued volatility in the credit and equity markets and its effect on the general economy; and
· the effect of changes in accounting policies and practices, as may be adopted by the regulatory agencies, as
 well as the Public Company Accounting Oversight Board, the Financial Accounting Standards Board and other
 accounting standard setters;
· the businesses of the Bank and any acquisition targets or merger partners and subsidiaries not integrating
 successfully or such integration being more difficult, time-consuming or costly than expected;
· material differences in the actual financial results of merger and acquisition activities compared with
 expectations, such as with respect to the full realization of anticipated cost savings and revenue enhancements
 within the expected time frame;
· revenues following any merger being lower than expected; and
· deposit attrition, operating costs, customer loss and business disruption following the merger, including, without
 limitation, difficulties in maintaining relationships with employees being greater than expected.
These forward-looking statements are subject to significant uncertainties and contingencies, many of which are
beyond our control. Although we believe that the expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Accordingly, there
can be no assurance that actual results will meet expectations or will not be materially lower than the results
contemplated in this presentation. You are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this document or, in the case of documents referred to or incorporated
by reference, the dates of those documents. We do not undertake any obligation to release publicly any revisions to
these forward-looking statements to reflect events or circumstances after the date of this document or to reflect the
occurrence of unanticipated events, except as may be required under applicable law.

Where We Stand Today
§ Well-capitalized bank headquartered in Wyomissing, PA with over $1.7
 billion in assets, 11 branches in suburban Philadelphia, Hamilton, NJ and
 Port Chester, NY
§ Ranked #1 Top Performing Bank in Pennsylvania and #4 among America’s
 top performing banks with assets under $3 billion by American Banking
 Journal in 2010
§ Raised $93 million of common equity ($16 million in 2011, $60 million in
 2010, $17 million in 2009)
§ Management team with extensive community banking and M&A
§ 19th largest bank in PA in terms of assets
§ Total deposits now over $1.4 billion with average branch size is over
 $120 million
§ Significant board and management ownership (23.6%)


Experienced Management Team
§ Highly experienced and cohesive management team with an average tenure of 30 years leadership experience
§ Management interests aligned with shareholders

Management Team Track
§ Jay Sidhu, Customers Bank Chairman and CEO, served at Sovereign from 1986 to 2006
§ As CEO, Mr. Sidhu oversaw the growth from a $500 million asset financially-challenged thrift to a
 $90 billion financial institution
§ Sovereign had more than 785 branch locations spanning from Maryland to New Hampshire
SNL Bank Index
S&P 500

Investment Highlights
 § Experience in building community banks into a multi-billion dollar depository franchise
 § Worked together for more than 15 years delivering above average shareholder value
 § Successfully executed and integrated 30 acquisitions and delivered on organic growth
Existing Bank
 § Well-capitalized, scalable and reserves for legacy credit issues
 § Achieved stand-alone profitability organically
 § Strong risk management culture and strategy in place
 § New management and board members significantly invested
Unique Organic
Growth Strategy
 § Small bank acquisitions
 § Branch divestitures
 § Positioned as a partner of choice
 § FDIC-assisted transactions (regulatory approval required)
 § “High tech, high touch” strategy that brings the bank to the customer
 § Targeting approximately 25% annual organic deposit growth rate
 § Unique branch expansion model

Strategic Initiatives
§ “High tech, high touch” model designed to take the bank to the customer
§ Capture market share from larger bank competitors by employing high
 producing team members, providing superior service, and leveraging
 technological infrastructure
§ Long-term goal, add 4 - 6 branches annually in core franchise market through
 cost-efficient branching strategy (1 branches in 2011)
§ Lending initiatives focused on small-business, multi-family, mortgage banking,
 home equity, warehouse, and manufactured housing
§ Expand fee-based services and products including mortgage banking, small
 business cash management, and online/mobile banking
§ Maintain strong risk management culture

Deposit Strategy
§ Capture market share from larger competitors by providing customers with a “high tech, high
 touch” customer experience
 Concierge Banking
 § Brings banker to
 customer, 12 hours a
 day, 7 days a week
 § Appointment banking
 § Customer has access to
 senior level
 § Most convenient bank
 for customers
 § Low cost banking model
 allows for more pricing
 § Significantly lower
 overhead costs vs. a
 traditional branch
 § Pricing/profitability
 measured across
 § Implementation of new
 technology suite allows for
 unique product offerings:
 § Remote account opening
 § Remote deposit capture
 § Internet/mobile banking
 § Online switch kits
 § ATM Deployment
 § Partnered with Intuit
 technology suite
 § Provides customer with
 an enhanced online
 banking experience
 Sales Force
 § Top producers
 § Bankers own a
 portfolio of
 § Business
 aligned with the
 Bank’s interests
 § Deposit pricing and
 growth strongly

Lending Strategy
§ Capitalize on management’s in-market experience with a focus on commercial lending
 Small Business
 § Target companies
 with less than $5.0
 million in annual
 § Loans (incl. SBA
 loans) originated
 by branch network
 and specialist small
 Specialty Lending
 § Capitalize on recent
 market disruption
 § Diversify earning assets
 § Focus on lower risk lines
 of business
 § Warehouse lending
 § Manufactured
 Housing (with credit
 § Mortgage Banking
 § Multifamily Lending
 Consumer Lending
 § Focus on real estate-
 secured lending
 § Conservative
 underwriting standards
 (>700 FICO score)
 § Establish long-term
 customer relationship
 Commercial Banking
 Business Banking
 § Target companies with
 $5.0 to $20.0 million in
 annual revenue
 § Business driven by
 dedicated relationship
 § Loan offices operate
 on a mobile basis

Target Franchise Market
Target Markets
Existing Markets
Berks County, PA
Bucks County, PA
Chester County, PA
Delaware County, PA
Mercer County, NJ
Westchester County, NY
Selected Attractive Counties
Lackawanna County, PA
Montgomery County, PA
Northampton County, PA
Schuylkill County, PA
Middlesex County, NJ
Monmouth County, NJ
Ocean County, NJ
Greenwich, CT
All counties in MD
Customer Bank branches

Key Financial Targets
§ Return on Equity = 10% to 12%
§ Return on Assets = 1.00% to 1.10%
§ Tier 1 Leverage Ratio = 8% to 10%
§ Total-Risk Based Capital Ratio = 12% plus
§ Loan-to-Deposit Ratio = 70% to 90%
§ Investments / Assets < = 25%
§ Borrowings / Assets < = 15%
§ Fee Revenue / Total Revenue = 15% to 25%
§ Net Interest Margin > = 3.00%
§ Efficiency Ratio < = 50%
§ Deposit Mix = 40% or less CD
§ Loan Mix = 50% Commercial / 50% Consumer 
§ Specialty Lending = 25% or less capital at risk per specialty business

Deposit Growth

Financial Highlights

USA Bank Acquisition
§ 1 Branch bank headquartered in Port Chester, NY
§ Acquired $196 million of assets and $202 million of liabilities
§ All loans have 80% loss sharing protection from the FDIC
§ Branch is near very affluent areas including Greenwich, Stamford, CT,
 White Plains, NY, etc.
§ Goal is to build $500 million franchise in 3 to 5 years
§ Bargain purchase gain is over $20 million after tax
§ No capital raise needed for this deal as the book value per share
 accretion was 30%
§ Closed in July 2010
§ System conversion completed

ISN Bank Acquisition
§ 1 Branch bank headquartered in Cherry Hill, NJ
§ Acquired $78 million of assets and $76 million of liabilities
§ All loans have 80% loss sharing protection from the FDIC
§ Bargain purchase gain is over $8.2 million after tax
§ No capital raise needed for this deal as the book value per share
 accretion was 8%
§ Closed in September 2010
§ System conversion completed

Berkshire Bank Acquisition
§ 5 Branch bank headquartered in Wyomissing, PA
§ $140 million bank with $125 million of deposits and $107 million of
§ Purchase price is book value; price adjusts lower if book value drops
 with a price floor; if non-performing assets increase 20% between now
 and close we can walk away
§ Mildly accretive to earnings per share and modest book value dilution
§ Goals is to create a $500 million franchise in Berks County making $5 to
 $7.5 million per year in net income; this deal accelerates expansion in a
 more cost effective way versus de novo expansion
§ Expected to close this month
§ System conversion scheduled for September 17th, 2011

§ Unique bank platform; current banking dislocation provides significant
 opportunity for M&A growth that is supported by a strong organic business
§ Management team with proven capability of integrating acquisitions and
 delivering above average shareholder returns
§ Considerable opportunities for traditional M&A
§ Strive to create above average shareholder returns over the long term


Annual Shareholders Meeting
September 6, 2011

Customers Bank filed a registration statement on Form S-1 (File no. 333-166225) with the U.S.
Securities and Exchange Commission (“SEC”) which included the prospectus for the offer and sale
of securities of a bank holding company (the “Holding Company”) to shareholders of the Bank in
connection with a proposed reorganization of the Bank to a bank holding company structure and
a proposed merger of Berkshire Bancorp, Inc. (“Berkshire”) with an into the Holding Company
(collectively, the “proposed transaction”). The combined prospectus and proxy statement,
together with other documents filed by the Holding Company with the SEC, contained important
information about the Bank, the Holding Company and the proposed transaction. We urge
investors, Bank shareholders and Berkshire shareholders to read carefully the combined
prospectus and proxy statement and other documents filed with the SEC, including any
amendments or supplements also filed with the SEC. Bank Investors and shareholders may
obtain a free copy of the combined prospectus and proxy statement at the SEC's website at Copies of the combined prospectus and proxy statement can also be
obtained free of charge by directing a request to Customers Bank, Corporate Secretary, 99 Bridge
Street, Phoenixville, PA 19460, or calling (484) 923-2164.
The Bank, the Holding Company and certain of their directors and executive officers may, under
the rules of the SEC, be deemed to be “participants” in the solicitation of proxies from
shareholders in connection with the proposed transaction. Information concerning the interests
of directors and executive officers is set forth in the combined prospectus and proxy statement
relating to the proposed transaction.
This communication shall not constitute an offer to sell or the solicitation of an offer to buy any
securities nor shall there be any sale of securities in any jurisdiction in which the offer,
solicitation, or sale is unlawful before registration or qualification of the securities under the
securities laws of the jurisdiction. No offer of securities shall be made except by means of a
prospectus satisfying the requirements of Section 10 of the Securities Act of 1933, as amended.