<SEC-DOCUMENT>0000950159-19-000144.txt : 20190923
<SEC-HEADER>0000950159-19-000144.hdr.sgml : 20190923
<ACCEPTANCE-DATETIME>20190923162502
ACCESSION NUMBER:		0000950159-19-000144
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20190923
DATE AS OF CHANGE:		20190923

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Customers Bancorp, Inc.
		CENTRAL INDEX KEY:			0001488813
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				272290659
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-218483
		FILM NUMBER:		191108290

	BUSINESS ADDRESS:	
		STREET 1:		1015 PENN AVENUE
		STREET 2:		SUITE 103
		CITY:			WYOMISSING
		STATE:			PA
		ZIP:			19610
		BUSINESS PHONE:		484-359-7113

	MAIL ADDRESS:	
		STREET 1:		1015 PENN AVENUE
		STREET 2:		SUITE 103
		CITY:			WYOMISSING
		STATE:			PA
		ZIP:			19610

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Customers 1st Bancorp, Inc.
		DATE OF NAME CHANGE:	20100408

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Customers Bancorp, Inc.
		CENTRAL INDEX KEY:			0001488813
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				272290659
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP

	BUSINESS ADDRESS:	
		STREET 1:		1015 PENN AVENUE
		STREET 2:		SUITE 103
		CITY:			WYOMISSING
		STATE:			PA
		ZIP:			19610
		BUSINESS PHONE:		484-359-7113

	MAIL ADDRESS:	
		STREET 1:		1015 PENN AVENUE
		STREET 2:		SUITE 103
		CITY:			WYOMISSING
		STATE:			PA
		ZIP:			19610

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Customers 1st Bancorp, Inc.
		DATE OF NAME CHANGE:	20100408
</SEC-HEADER>
<DOCUMENT>
<TYPE>FWP
<SEQUENCE>1
<FILENAME>customersfwp.htm
<DESCRIPTION>CUSTOMERS BANCORP, INC. FORM FWP
<TEXT>
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    <title></title>
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         Document created using EDGARfilings PROfile 6.2.1.0
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  <div style="text-align: right; font-weight: bold;">Filed Pursuant to Rule 433</div>
  <div style="text-align: right; font-weight: bold;">Supplementing the Preliminary Prospectus Supplement Dated September 20, 2019</div>
  <div style="text-align: right; font-weight: bold;">Registration No. 333-218483</div>
  <div style="text-align: right; font-weight: bold;">September 23, 2019</div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div style="text-align: center;"><img src="image00002.jpg"></div>
  <div><br>
  </div>
  <div style="text-align: center; font-size: 12pt; font-weight: bold;">$25,000,000</div>
  <div><br>
  </div>
  <div style="text-align: center; font-size: 12pt; font-weight: bold;">4.50% SENIOR NOTES DUE SEPTEMBER 2024</div>
  <div style="text-align: center; font-size: 12pt; font-weight: bold;">FINAL TERMS AND CONDITIONS</div>
  <div><br>
  </div>
  <div>&#160;</div>
  <div style="text-align: justify; font-style: italic;">This term sheet relates only to the securities described below and supplements and should be read together with the preliminary
    prospectus supplement dated September 20, 2019 and the accompanying prospectus (including the documents incorporated by reference therein) relating to those securities. Capitalized terms used in this term sheet but not defined have the meanings given
    to them in such preliminary prospectus supplement.</div>
  <div>&#160;</div>
  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" id="z75f36847ef5a4d5fba5a23eac291529c" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

      <tr>
        <td style="width: 39.48%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Issuer:</div>
        </td>
        <td style="width: 60.52%; vertical-align: top;">
          <div style="font-size: 12pt;">Customers Bancorp, Inc. (the &#8220;Company&#8221;)</div>
          <div>&#160;</div>
        </td>
      </tr>
      <tr>
        <td style="width: 39.48%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Type of Security:</div>
        </td>
        <td style="width: 60.52%; vertical-align: top;">
          <div style="font-size: 12pt;">Senior Notes</div>
          <div>&#160;</div>
        </td>
      </tr>
      <tr>
        <td style="width: 39.48%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Aggregate Principal Amount:</div>
        </td>
        <td style="width: 60.52%; vertical-align: top;">
          <div style="font-size: 12pt;">$25,000,000</div>
          <div>&#160;</div>
        </td>
      </tr>
      <tr>
        <td style="width: 39.48%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Rating:*</div>
          <div>&#160;</div>
        </td>
        <td style="width: 60.52%; vertical-align: top;">
          <div style="font-size: 12pt;">Kroll: BBB (stable)</div>
        </td>
      </tr>
      <tr>
        <td style="width: 39.48%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Trade Date:</div>
          <div>&#160;</div>
        </td>
        <td style="width: 60.52%; vertical-align: top;">
          <div style="font-size: 12pt;">September 23, 2019</div>
        </td>
      </tr>
      <tr>
        <td style="width: 39.48%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Settlement Date (T+2):</div>
          <div>&#160;</div>
        </td>
        <td style="width: 60.52%; vertical-align: top;">
          <div style="font-size: 12pt;">September 25, 2019</div>
        </td>
      </tr>
      <tr>
        <td style="width: 39.48%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Final Maturity:</div>
          <div>&#160;</div>
        </td>
        <td style="width: 60.52%; vertical-align: top;">
          <div style="font-size: 12pt;">September 25, 2024</div>
        </td>
      </tr>
      <tr>
        <td style="width: 39.48%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Reference Benchmark:</div>
          <div>&#160;</div>
        </td>
        <td style="width: 60.52%; vertical-align: top;">
          <div style="font-size: 12pt;">1.250% UST due August 31, 2024</div>
          <div>&#160;</div>
        </td>
      </tr>
      <tr>
        <td style="width: 39.48%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Reference Benchmark Yield:</div>
          <div>&#160;</div>
        </td>
        <td style="width: 60.52%; vertical-align: top;">
          <div style="font-size: 12pt;">1.589%</div>
        </td>
      </tr>
      <tr>
        <td style="width: 39.48%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Spread to Benchmark:</div>
          <div>&#160;</div>
        </td>
        <td style="width: 60.52%; vertical-align: top;">
          <div style="font-size: 12pt;">+291.1 bps</div>
          <div>&#160;</div>
        </td>
      </tr>
      <tr>
        <td style="width: 39.48%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Yield to Investors:</div>
          <div>&#160;</div>
        </td>
        <td style="width: 60.52%; vertical-align: top;">
          <div style="font-size: 12pt;">4.50%</div>
          <div>&#160;</div>
        </td>
      </tr>
      <tr>
        <td style="width: 39.48%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Coupon:</div>
        </td>
        <td style="width: 60.52%; vertical-align: top;">
          <div style="font-size: 12pt;">4.50%</div>
          <div>&#160;</div>
        </td>
      </tr>
      <tr>
        <td style="width: 39.48%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Issue Price:</div>
        </td>
        <td style="width: 60.52%; vertical-align: top;">
          <div style="font-size: 12pt;">100%</div>
          <div>&#160;</div>
        </td>
      </tr>

  </table>
  <div><br>
  </div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div style="text-align: center;" id="DSPFPageNumberArea"><font style="color: #000000; font-weight: normal; font-style: normal;" id="DSPFPageNumber">1</font></div>
    <div id="DSPFPageBreak" style="page-break-after:always;">
      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
  </div>
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  </div>
  <div><br>
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  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" id="zf2a3cc2edd4b43b9bb7104616cdb0fe7" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

      <tr>
        <td style="width: 40.78%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Optional Redemption Date:</div>
        </td>
        <td style="width: 59.22%; vertical-align: top;">
          <div style="font-size: 12pt;">Redeemable, in whole or in part, by the Company on or after the 30<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> day prior to the maturity date at 100% of the principal amount of the
            notes, plus accrued and unpaid interest thereon to but excluding the redemption date</div>
          <div>&#160;</div>
        </td>
      </tr>
      <tr>
        <td style="width: 40.78%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Interest Payment Dates:</div>
        </td>
        <td style="width: 59.22%; vertical-align: top;">
          <div style="font-size: 12pt;">Semi-annually in arrears on the 25th day of each March and September of each year, commencing on March 25, 2020</div>
          <div>&#160;</div>
        </td>
      </tr>
      <tr>
        <td style="width: 40.78%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Day Count Convention:</div>
        </td>
        <td style="width: 59.22%; vertical-align: top;">
          <div style="font-size: 12pt;">30/360, unadjusted</div>
          <div>&#160;</div>
        </td>
      </tr>
      <tr>
        <td style="width: 40.78%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Denominations:</div>
        </td>
        <td style="width: 59.22%; vertical-align: top;">
          <div style="font-size: 12pt;">$1,000 denominations and $1,000 integral multiples thereof</div>
          <div>&#160;</div>
        </td>
      </tr>
      <tr>
        <td style="width: 40.78%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">CUSIP/ISIN:</div>
        </td>
        <td style="width: 59.22%; vertical-align: top;">
          <div style="font-size: 12pt;">23204GAD2/US23204GAD25</div>
        </td>
      </tr>
      <tr>
        <td style="width: 40.78%; vertical-align: top;" rowspan="1">&#160;</td>
        <td style="width: 59.22%; vertical-align: top;" rowspan="1">&#160;</td>
      </tr>
      <tr>
        <td style="width: 40.78%; vertical-align: top;">
          <div style="font-size: 12pt; font-weight: bold;">Joint Booking-Running Managers:</div>
        </td>
        <td style="width: 59.22%; vertical-align: top;">
          <div style="font-size: 12pt;">Deutsche Bank Securities Inc.</div>
          <div style="font-size: 12pt;">B. Riley FBR, Inc.</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify; font-size: 12pt;">* A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time by the assigning
    rating organization.</div>
  <div>&#160;</div>
  <div style="text-align: justify; font-size: 12pt;">The Company has filed a registration statement (including a prospectus) on Form S-3 (File No. 333-218483) and a preliminary prospectus supplement dated September 20, 2019, with the Securities and Exchange Commission (the &#8220;SEC&#8221;) for the offering to which this communication relates. Before you invest, you should read the
    prospectus in that registration statement, the preliminary prospectus supplement and the other documents incorporated by reference therein that the Company has filed with the SEC for more complete information about the Company and this offering.&#160;
    Investors may obtain these documents without charge by visiting EDGAR on the SEC website at www.sec.gov.&#160; Alternatively, you may request these documents by calling Deutsche Bank Securities Inc. at 1-800-503-4611 and B. Riley FBR, Inc. at
    1-703-312-9580.</div>
  <div>&#160;</div>
  <div style="text-align: justify; font-size: 12pt;">This pricing term sheet does not constitute an offer to sell, or a solicitation of an offer to buy, any security in any state or jurisdiction in which such
    offer, solicitation or sale would be unlawful.</div>
  <div style="text-align: justify; font-size: 12pt;"> <br>
  </div>
  <div style="text-align: justify; font-size: 12pt;"> <br>
  </div>
  <div style="text-align: justify; font-size: 12pt;"> <br>
  </div>
  <div style="text-align: center;" id="DSPFPageNumberArea"><font style="color: #000000; font-weight: normal; font-style: normal;" id="DSPFPageNumber">2</font></div>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
