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Customers Bancorp Announces Record Date For Conditional Special Distribution In Connection With BankMobile Divestiture


Press release content from Business Wire. The AP news staff was not involved in its creation.
Customers Bancorp Announces Record Date For Conditional Special Distribution In Connection With BankMobile Divestiture
December 9, 2020 GMT
WEST READING, Pa. (BUSINESS WIRE) Dec 9, 2020
Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank and its operating division BankMobile (collectively “Customers”), today announced that its Board of Directors has set December 18, 2020 as the record date for the previously announced conditional special distribution to be made to Customers Bancorp shareholders in connection with the pending transaction between Customers and Megalith Financial Acquisition Corp. (“Megalith”). At 10:00 AM EST on Friday, December 11, 2020, there will be a special webcast for investors and analysts. Registration information and other details are provided later in this release. ....

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