Sam Sidhu

Sam Sidhu 

President and CEO 

Customers Bank 

For nearly two years Sidhu has served as president and CEO of one of the top 100 banks in America with assets over $20 billion and more than 650 team members serving clients nationwide. 

He said banking in a rising rate environment is a challenge. The “cost of money” increases faster than the re-pricing of loans. “But our team met that challenge aggressively and our bank continued to be profitable and grow,” Sidhu said.

“In March, however, the banking industry was shaken by the failure, in quick succession, of several major banks and the social contagion that followed. While the bank failures were separate and unrelated events, the timing contributed to a media-fueled perception of systemic issue,” he said. 

Sidhu said the same team that almost exactly three years ago rose to meet the COVID-19 pandemic by becoming one of America’s leading PPP (Paycheck Protection Program)  loan lenders with 350,000 loans nationwide worth more than $10 billion is now back working hard to win and onboard new customers in the wake of bank seizures and closings. “This team – from the front line to the back line – is passionate and relentless. I could not be prouder of their success,” he said.