Customers Bancorp Inc Fixed (7%) to Floating Rate Non-Cumulative Perpetual Preferred Stock Series C

By: ,

Date Issued  5/13/2015

Shares Issued  2,000,000  Overallotment Shares  300,000

S&P Rating  NR   Moodys Rating   NR


Security Ticker Symbol   CUBI-C    OTC Temp Ticker   CUBZP

Market Traded ON   NYSE      

Dividend Payment Paid on the 15th of March, June, September and December beginning on 9/15/2015

Quarterly Dividend   .4375   Annual Dividend   1.75

Securities may be redeemed, at the issuers option, as early as 6/15/2020 for a redemption price of $25/share plus accrued dividends


On 6/15/2020 the dividend rate will change to a rate of 3 month libor, plus 5.30% (assuming that shares have not been redeemed).

Dividend Payment Will be a Qualified Distribution

Maturity Date   None


Company Investor Relations Page for Customer Bancorp Inc

Below you can find the offering Prospectus and Final Pricing Documents


Are YOU Ready for the Biden Disaster Plan?
"...It's worse than you think."
—Dr. Mark Skousen
Search Dividend Investor