Four Commercial and Industrial Loan Officers Join Customers USA Bank Lending Team - Romig, Phillips, Fischer and Johnson Add Proven Experience to the Team

PHOENIXVILLE, Pa., Aug. 5 /PRNewswire/ -- Tim Romig, Keith Phillips, Robert Fischer and Chad Johnson joined Customers USA Bank effective August 2, 2010 as members of the Bank's lending team. The quartet will be located at the Wyomissing, PA, branch office, which is expected to open in two weeks.

Tim Romig, Executive Vice President/Chief Lending Officer, Berks and Schuylkill Counties, will report to our President and Chief Operating Officer, Richard A. Ehst.  Mr. Romig brings more than 26 years of banking experience to Customers USA Bank. Previously, he was Senior Vice President Commercial Lending at Vist, and before that worked at Hamburg Savings & Trust Co. and Pennsylvania National Bank.

Keith Phillips, Senior Vice President/Relationship Manager, will report to Mr. Romig.  Mr. Phillips has 30 years of broad commercial and personal lending experience.  Prior to joining Customers USA Bank, he was Vice President/Relationship Manager at Vist, and before that worked at Hamburg Savings & Trust Co., Pennsylvania National Bank, M&T Bank and Keystone Financial.

Robert Fischer, Senior Vice President/Relationship Manager, will report to Mr. Romig. Mr. Fischer has nearly 15 years of cultivating wide-ranging personal and commercial loan relationships in Berks and Lancaster Counties. He was Senior Vice President/Relationship Manager at Vist and prior to that worked at Susquehanna Bank and Blue Ball National Bank.

Chad Johnson, Vice President/Relationship Manager, will report to Mr. Romig. Mr. Johnson has 10 years of experience developing personal and commercial deposit and loan relationships based on his knowledge of the local economy and community. He was previously an Assistant Vice President/Commercial Relationship Manager at Vist.

According to Mr. Ehst, "Messrs. Romig, Phillips, Fischer and Johnson will contribute to our delivery of an entirely new level of high tech, high touch banking convenience and customized service to commercial and industrial loan customers. They will help ensure that the new level of banking convenience we provide includes unrivaled benefits such as 'appointment and concierge banking' available 12 hours a day / 7 days a week and unmatched responsiveness in today's marketplace."

About Customers USA Bank

Customers USA Bank(SM) is the service mark of New Century Bank (the "Bank").  The Bank is a state-chartered, full-service bank headquartered in Phoenixville, Pennsylvania.  The Bank is a member of the Federal Reserve System and is insured by the Federal Deposit Insurance Corporation (FDIC).  With assets of more than $800 million, the Bank provides a full range of banking services to small and medium-sized businesses, professionals, individuals and families through branch locations in Pennsylvania and New York. The Bank is focused on serving its targeted markets with a growth strategy that includes strategically placed branches throughout its market area and continually expanding its portfolio of loans to small businesses and consumers.  

"Safe Harbor" Statement

In addition to historical information, this information may contain "forward-looking statements" which are made in good faith by the Bank, pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.  These forward-looking statements include statements with respect to the Bank's strategies, goals, beliefs, expectations, estimates, intentions, financial condition, results of operations, future performance and business.  Statements preceded by, followed by or that include the words "may," "could," "should," "pro forma," "looking forward," "would,"  "believe," "expect," "anticipate," "estimate," "intend," "plan," or similar expressions generally indicate a forward-looking statement.  These forward-looking statements involve risks and uncertainties that are subject to change based on various important factors (some of which, in whole or in part, are beyond the Bank's control).  Numerous competitive, economic, regulatory, legal and technological factors, among others, could cause the Bank's financial performance to differ materially from the goals, plans, objectives, intentions and expectations expressed in such forward-looking statements.  The Bank cautions that the foregoing factors are not exclusive, and neither such factors nor any such forward-looking statement takes into account the impact that any future acquisition may have on the Bank and any such forward-looking statement.  The Bank does not undertake to update any forward-looking statement whether written or oral, that may be made from time to time by or on behalf of the Bank.

SOURCE Customers USA Bank