Customers Bancorp Inc (CUBI) Q3 2024 Earnings Call Highlights: Strong Loan Growth and Robust ...

By Yahoo! Finance | Nov 2, 2024 at 03:03 AM EST

Sam Sidhu, CEO, mentioned the new deposit accounts are granular, with an average size in the couple of hundred thousand range. Despite the deposit remix, deposit costs haven't decreased due to higher rates from new accounts. The deposit remix is expected to drive balance sheet growth once complete.

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