Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
Registration No: 333-166225
December 9, 2010
Selected slides from a presentation made by Jay Sidhu, Chairman and Chief Executive Officer of Customers Bank, at the Bank's Annual Shareholders' Meeting held on December 9, 2010.
Shareholder Meeting
December 2010
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.
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.
MISSION
“We achieve our Vision by taking pride
in delivering memorable service to our
customers, seven days a week,
combining high touch service with
superior technology and always
providing good value to our
customers.”
in delivering memorable service to our
customers, seven days a week,
combining high touch service with
superior technology and always
providing good value to our
customers.”
Simply the Best
VALUES
“We execute on our Mission by adhering to
the following Values:”
the following Values:”
• Having mutual trust and respect among all with
whom we deal
whom we deal
• Practicing the highest level of integrity
• Delivering exceptional results with a positive
attitude by working hard and having fun
attitude by working hard and having fun
Simply the Best
Critical Success Factors
“We will never deviate from the following
five critical success factors:”
five critical success factors:”
• Excellence in sales and service / great people
• Superior Asset Quality
• Strong Risk Management Culture
• Revenues will be two times expenses
Simply the Best
Proven
Management
Team
Management
Team
§ 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 strategies
Existing Bank
Platform
Platform
§ Well-capitalized, scalable and reserved for legacy credit issues
§ Achieved stand-alone profitability organically in Q2 2010
§ Strong risk management culture and strategy in place
§ New management and board members significantly invested
Unique Organic
Growth Strategy
Growth Strategy
§ FDIC-assisted transactions
§ Small bank acquisitions
§ Branch divestitures
§ Positioned as a partner of choice
§ “High tech, high touch” strategy that brings the bank to the customer
§ Targeting approximately 25% annual organic deposit growth rate
§ Unique branch expansion model
Substantial
M&A
Opportunities
M&A
Opportunities
Strategic Overview
Experienced New Management
Team
Team
§ Highly experienced and cohesive management team with an average tenure of 29 years leadership experience
§ Management interests aligned with shareholders
Directors
New Directors
Other Directors
Where were we last year…
Simply the Best
What we accomplished over
the past year…
the past year…
§ “High tech, high touch” model designed to take the bank to the customer
§ Deposit-oriented banking model targeting 25% annual deposit growth
§ Capture market share from larger bank competitors by employing high producing
team members, providing superior service and leveraging technological
infrastructure
team members, providing superior service and leveraging technological
infrastructure
§ Plan to add 4 - 6 branches annually in core franchise market through cost-efficient
branching strategy
branching strategy
§ Lending initiatives focused on small-business sector and specialty lending
§ Maintain strong risk management culture
§ Expand fee-based services and products
Strategic Initiatives
§ Unique bank platform; current banking dislocation provides significant opportunity
for M&A growth that is supported by a strong organic business model
for M&A growth that is supported by a strong organic business model
§ Management team with proven capability of integrating acquisitions and delivering
above average shareholder returns
above average shareholder returns
§ Considerable FDIC-assisted opportunities
§ Additional opportunity for traditional M&A
Conclusion
Customers Bancorp, Inc.
Customers Bancorp, Inc. (the Company) a proposed bank holding company
for the Bank has filed a S-1 amendment with the SEC and is expected to
register its shares
for the Bank has filed a S-1 amendment with the SEC and is expected to
register its shares
If the holding company structure is approved by the shareholders of the
Bank, the holding company structure will be formed through a
reorganization. In the reorganization, the Bank will become a wholly
owned subsidiary of Customers Bancorp, Inc., and the shareholders of the
Bank will become the shareholders of Customers Bancorp, Inc. This
reorganization does not involve a sale of the Bank.
Bank, the holding company structure will be formed through a
reorganization. In the reorganization, the Bank will become a wholly
owned subsidiary of Customers Bancorp, Inc., and the shareholders of the
Bank will become the shareholders of Customers Bancorp, Inc. This
reorganization does not involve a sale of the Bank.
New Century Bank, d/b/a Customers Bank (the "Bank"), has filed a registration statement on Form S-1 (File no. 333-166225) with the U.S. Securities and Exchange Commission ("SEC") which includes a prospectus for the offer and sale of securities of a potential 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 (the "proposed transaction"), as well as a proxy statement of the Bank for the solicitation of proxies from the Bank's shareholders for use at the Bank's 2010 annual meeting. The combined prospectus and proxy statement, together with other documents filed by the Holding Company with the SEC, will contain important information about the Bank, the Holding Company and the proposed transaction. We urge investors and Bank 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 shareholders in particular should read the combined prospectus and proxy statement carefully before making a decision concerning the proposed transaction. Investors and shareholders may obtain a free copy of the combined prospectus and proxy statement at the SEC's website at http://www.sec.gov. Copies of the combined prospectus and proxy statement can also be obtained free of charge by directing a request to Customers Bank, Investor Relations, 1015 Penn Ave., Wyomissing, Pennsylvania 19610 (484) 923-2171.