West Reading-based Customers Bank launched a new commercial banking team that will work with privately owned businesses with revenue between $5 million and $100 million throughout the Midstate. 

Samvir Sidhu has been tapped to replace Richard Ehst as president and CEO of Customers Bank, a subsidiary of Customers Bancorp Inc. of Reading.

During the first round of Paycheck Protection Loans last year, Customers Bank of West Reading was able to assist in more than 100,000 PPP loans totaling more than $5 billion.

“In an era when digital banking continues to expand, we look forward to building our business over the coming years and taking advantage of all strategic opportunities,” Jay Sidhu, CEO of Customers Bank said.