Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Ehst Richard A
   2. Issuer Name and Ticker or Trading Symbol
Customers Bancorp, Inc. [CUBI] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President and COO
(Last)
(First)
(Middle)
1015 PENN AVENUE, SUITE 103		 3. Date of Earliest Transaction (Month/Day/Year)
02/24/2016
(Street)

WYOMISSING, PA 19610		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/24/2016   A(2)   7,864 A $ 0 93,467 (3) (4) D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options (right to buy) $ 23.36             08/26/2020 08/26/2025 Common Stock 46,395   46,395 (6) D  
Employee Stock Options (right to buy) $ 15.23 (5)             05/21/2018 05/21/2023 Common Stock 101,956   101,956 (1) (4) D  
Employee Stock Options (right to buy) $ 8.86 (5)             04/06/2015 04/06/2020 Common Stock 74,044   74,044 (1) (4) D  
Employee Stock Options (right to buy) $ 9.55 (5)             07/14/2015 07/14/2020 Common Stock 1,925   1,925 (1) (4) D  
Employee Stock Options (right to buy) $ 10.91 (5)             12/28/2015 12/28/2020 Common Stock 12,279   12,279 (1) (4) D  
Employee Stock Options (right to buy) $ 10.91 (5)             01/31/2016 01/31/2021 Common Stock 12,616   12,616 (1) (4) D  
Employee Stock Options (right to buy) $ 10.91 (5)             02/28/2016 02/28/2021 Common Stock 5,531   5,531 (1) (4) D  
Employee Stock Options (right to buy) $ 10.91 (5)             03/07/2016 03/07/2021 Common Stock 4,428   4,428 (1) (4) D  
Employee Stock Options (right to buy) $ 12 (5)             09/17/2016 09/17/2021 Common Stock 10,296   10,296 (1) (4) D  
Employee Stock Options (right to buy) $ 12 (5)             09/30/2016 09/30/2021 Common Stock 16,250   16,250 (1) (4) D  
Employee Stock Options (right to buy) $ 12.73 (5)             09/20/2017 09/20/2022 Common Stock 117,345   117,345 (1) (4) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Ehst Richard A
1015 PENN AVENUE, SUITE 103
WYOMISSING, PA 19610		       President and COO  

Signatures

 /s/ Richard Ehst by Glenn A. Yeager under Power of Attorney   03/21/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Under the terms of the Customers Bancorp, Inc. 2010 Stock Option Plan, these Stock Options will vest and become exercisable on the fifth anniversary of date of grant, subject to a 50% increase in the trading price of the company's voting common stock on the NASDAQ Global Select Market (or other national stock market or securities quotation system).
(2) Grant of restricted stock award in connection with 2015 performance bonus, with shares vesting in accordance with the terms of the award. A portion of this grant was provided in lieu of a cash bonus payment.
(3) Includes 71,834 shares of common stock previously reported in Table I separately as Restricted Stock Units.
(4) On May 15, 2014, Customers Bancorp, Inc. declared a 10% stock dividend payable to all holders of record of common stock on May 27, 2014 (the "Stock Dividend"). As a result, the reporting person received additional shares of common stock as of June 30, 2014.
(5) Exercise price adjusted to account for Stock Dividend.
(6) Under the terms of the Customers Bancorp, Inc. 2010 Stock Option Plan, these Stock Options will vest and become exercisable on the fifth anniversary of the date of grant, subject to either (i) total shareholder returns over the vesting period of at least 50%, or (ii) compound annual growth in diluted EPS for the company of at least 10% over the vesting period.

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