Two ex-Berkshire Bank Branches to Close

Customers Bank, which finalized its acquisition of Berkshire Bancorp Inc. on Sept. 17, said Friday that two of the five former Berkshire Bank branches will be closed by year’s end.

The offices are at 555 Penn Ave., West Reading, and 2493 Bernville Road, Bern Township.

Jay S. Sidhu, chairman and chief executive of Customers Bank, based in Wyomissing, said the branches, which Berkshire bought from Fleetwood Bank in 2007, were unprofitable for both of those banks.

Sidhu said accounts held at those branches and their employees, whose number he could not provide, will be consolidated into other branch locations.

via Berks business log: Two ex-Berkshire Bank branches to close.