New York, NY, July 12, 2017 (GLOBE NEWSWIRE) -- BankMobile, a division of Customers Bank, and America’s fastest growing mobile-first bank, today announced Luvleen Sidhu, Co-Founder, President and Chief Strategy Officer, was recognized as one of CEO Connection’s 2017 Most Influential Women of the Mid-Market.
CEO Connection is the only membership organization exclusively for mid-market CEOs. This list recognizes the top 25 women in the U.S. based on their ability to influence change, innovation, and standards for excellence in companies with annual sales between $100 million and $3 billion.
“I am truly grateful to have been recognized among such a group of remarkable female leaders in the country,” stated Sidhu. “BankMobile was developed to financially empower millennials and the underbanked and I am thrilled that almost two million customers are able to benefit from our platform. Since being a young girl, I have wanted to help people and I look forward to impacting many more lives as we continue our rapid expansion.”
Under Sidhu’s management, BankMobile has grown to be in the Top 25 banks in the country in terms of number of consumer checking accounts. The bank has also reached many significant milestones, including: the establishment of BankMobile Labs, the internal technology and innovation team at BankMobile; the creation of the BankMobile Foundation, which awards an annual Financial Literacy Scholarship; the launch of its BankMobilist College Program across 70 campuses nationwide; its partnership with Udemy, an open, global marketplace built to improve lives through learning; and the launch of BankMobile BOLD, the BankMobile flagship product among others. Sidhu is also a member of the BankMobile Board of Directors.
Additionally, Luvleen and Jay Sidhu, Chairman and CEO of Customers Bank and BankMobile, released a book in June 2016 entitled, “Why Can’t Banks Be as Easy as Uber? BankMobile and The Real Future of Banking.” It reached #1 International Best Seller-status on Amazon as it gained popularity in the USA, Australia and Germany Amazon stores in less than 24 hours.
Sidhu has also been featured regularly in the media including on CNBC, Bloomberg Radio, Fox News Radio and in The Wall Street Journal, Forbes.com, American Banker, among others. She is also a national and international speaker at industry conferences and at undergraduate and graduate programs, where she encourages financial innovation and entrepreneurship.
The 2017 honoree list includes dedicated philanthropists and community leaders. Beyond their success in the Boardroom, each of these women have a story to tell. To view the bios of all the winners, visit http://www.midmarketrankings.com/influential-women/.
"We are honored to be able to recognize such a prestigious group of women who have truly made an impact on their company and have given back to their community," says Kenneth Beck, CEO of CEO Connection. “We have been recognizing CEOs through our Mid-Market 500 and Mid-Market 1000 lists as well as the Most Influential Women’s List and we are pleased to share this new select group with the business community.”
Honorees will be recognized at the 2017 Mid-Market Convention on September 25-27 at The Wharton School in Philadelphia, PA. Referred to as the "Davos for the Mid-Market," this exclusive global gathering brings together the leadership of the mid-market top business experts and senior government officials to help each other and change the world.
For more information and to register for the convention, visit www.midmarketconvention.com/registration.
About BankMobile
Established in 2015, BankMobile, a division of Customers Bank, is America’s largest mobile-first bank, offering fee-free checking and savings accounts. It provides target customers – millennials, the underbanked and middle income households with a digital, effortless, and financially empowering experience. BankMobile offers checking, savings, lines of credit, joint accounts and access to over 55,000 surcharge-free ATMs nationwide (BankMobile VIP customers have free access to every ATM in the country, which is more than 400,000 ATMs), a guaranteed higher savings rate than the top four banks in the nation, a personal banker for all customers, and a free financial advisor for VIP customers. 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.
ABOUT CEO Connection
CEO Connection is the ONLY membership organization in the world reserved exclusively for CEOs of mid-market companies – companies with between $100 million and $3 billion in annual revenue. Our mission is to help mid-market CEOs and their companies succeed. We accomplish this by connecting them to each other; connecting them to people, information and resources to which they would otherwise not have access; and promoting the interests, welfare, and perspective of the mid-market.
Members are C-level executives with responsibility for all or significant portions of their respective company. They represent a wide variety of businesses across a broad geographic spectrum. Collectively mid-market companies account for $10 trillion of the $30 trillion annual U.S. private sector gross receipts.
Inspired by C-level Wharton executives, CEO Connection began in 2005 and has evolved into a dynamic community with wide ranging benefits uniquely designed to help the mid-market CEO and champion the mid-market perspective.
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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/5ee97427-d839-4a75-832e-59efebd1bd23
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/d5694f91-bfc9-4f74-bd84-6435464b1cd9