Customers Bank, the Wyomissing-based, $3.5 billion asset company assembled by former Sovereign Bank chief Jay S. Sidhu, plans to sell $75 million in stock later this year, and has applied to be listed on the Nasdaq National Market under the symbol CUBI. The stock currently trades over-the-counter as CUUU.
Customers has named BR Capital Markets & Co., Sterne Agee & Leach and Boenning & Scattergood, of Conshohocken, to lead the sale. More in Customers' SEC prospectus amendment here.