Customers Bank Selects SuperTRUMP for its New Commercial Finance Business
Ivory Consulting’s flagship product, SuperTRUMP, supports the newly formed Customers Bank Commercial Finance Group
WALNUT CREEK, CA – November 4, 2015 – Ivory Consulting Corporation announced today that Customers Bank has chosen Ivory Consulting’s flagship product SuperTRUMP as their pricing solution for equipment leases and loans in its Commercial Finance Group headquartered in Portsmouth, NH. Using SuperTRUMP, the Commercial Finance Group will be able to build a solid foundation for its loan, capital lease and off-balance sheet product programs.
“SuperTRUMP will give us a strong competitive edge as we develop our commercial finance and leasing programs, both important components of our strategic growth plan,” said Samuel Smith III, Managing Director and new leader of the Commercial Finance Group. “As a long-time user of SuperTRUMP, I’m confident that having it as one of our tools will significantly increase our ability to succeed as a new business line within the Bank.”
“We are pleased that the members of Customers Bank Commercial Finance Group, previous users of SuperTRUMP, chose to use SuperTRUMP again,” said Scott Thacker, CEO, Ivory Consulting Corporation. “We are excited to welcome Samuel Smith and his team back to our family of loyal customers. “Since 1983, Ivory has grown in response to our customers’ needs, and that is evident in the high level of loyalty which we enjoy.”
About Ivory Consulting
For over 30 years, Ivory Consulting Corporation has been the leading provider of equipment lease and loan pricing software and consulting services for the equipment finance industry. Ivory’s flagship product, SuperTRUMP, is the industry standard for pricing and modeling complex leases and loans. That’s why it is trusted by four of the Monitor top five companies. Ivory is privately held and headquartered in Walnut Creek, CA. For more information, please visit us at www.ivorycc.com.
About Customers Bancorp, Inc. and Customers Bank
Customers Bancorp, Inc. is a bank holding company in Wyomissing, Pa., engaged in banking and related businesses through its subsidiary, Customers Bank. Customers Bank is a community-based, full-service bank with assets of $7.6 billion. A member of the Federal Reserve System and deposits insured by the Federal Deposit Insurance Corporation ("FDIC"), Customers Bank is an equal housing lender that provides a full range of banking services to small- and medium-sized businesses, professionals, individuals and families through offices in Pennsylvania, New York, Rhode Island, Massachusetts and New Jersey. Committed to fostering customer loyalty, Customers Bank uses a High Tech/High Touch strategy that includes use of industry-leading technology to provide customers better access to their money, as well as a continually expanding portfolio of loans to small businesses, multi-family projects, mortgage companies and consumers. Customers Bancorp, Inc. is listed on the NYSE under the symbol CUBI. Additional information about Customers Bancorp, Inc. can be found on the company's website, www.customersbank.com. Contact: Martin Klotzman Marketing Analyst Ivory Consulting Corporation martin.klotzman@ivorycc.com +1-925-926-1100
Richard Ehst President & COO Customers Bank rehst@customersbank.com +1-610-505-9190