Bankmobile

Established in 2015, BankMobile is a division of Customers Bank and is among the largest and fastest-growing mobile-first banking platforms in the U.S., offering checking and savings accounts, personal loans and credit cards. BankMobile, named the ?Most Innovative Bank? by LendIt Fintech in 2019, provides an alternative banking experience to the traditional model. It is focused on technology, innovation, easy-to-use products and education with the mission of being ?customer-obsessed? and creating ?customers for life.? BankMobile employs a disruptive, multi-partner distribution model, known as ?Banking-as-a-Service? (BaaS), that enables the company to acquire customers at higher volumes and substantially lower expense than traditional banks. Its efficient operating model enables it to provide low-cost banking services to low/middle-income Americans who have been left behind by the high-fee model of ?traditional? banks. Today, BankMobile provides its BaaS platform to colleges and universities and currently serves over two million account-holders at nearly 800 campuses (covering one out of every three students in the U.S.). BankMobile has also expanded its BaaS strategy with T-Mobile for the launch of T-Mobile MONEY?a no-account fee, interest-earning, mobile-first checking account and has recently entered into a partnership with Google to offer digital bank accounts. BankMobile is operating as the digital banking division of Customers Bank, which is a Federal Reserve regulated and FDIC-insured commercial bank. For more information, please visit: www.bankmobile.com. Mission:?BankMobile is leading the way in mobile-first banking. We make banking more accessible and affordable?empowering people to take charge of their financial future. As a division of Customers Bank, BankMobile provides a digital bank, complete with FDIC insurance and governed by federal banking regulations. BankMobile was formed to address the fact that there is a large and growing gap between low- and middle-income Americans and low-cost financial services.