1. CHAD R. WHEELER
1 Saint James Place
Sinking Spring, PA 19608
chad_robert_wheeler@verizon.net
610-207-4396 (Cell)
PROFESSIONAL SUMMARY
Senior Financial Executive, with extensive Treasury experience related to Interest Rate Risk Management,
Fixed-Income Portfolio Management, Liquidity Management, Asset / Liability Management and Debt Capital
Markets. Considered a competent, decisive, and dedicated leader, mentor and motivator. Recognized for
delivering consistent results by proactively and efficiently directing a team of professionals in any economic
environment.
PROFESSIONAL EXPERIENCE
CUSTOMERS BANK, Wyomissing, PA March 2010 - Present
Customers Bank is a rapidly growing $8.5 billion community bank located in southeastern Pennsylvania.
Senior Vice President, Treasurer (present)
Oversight of the Treasury Department with a focus on liquidity, investment and interest rate risk management
ROLES / RESPONSIBILITIES
• Management and reporting of the Bank’s Interest Rate Risk and Asset / Liability positions
• Daily management of the Bank's multi-billion dollar liquidity position
• Daily management of the Bank's $600 million Investment Portfolio and $150 million Bank-Owned Life
Insurance Portfolio (BOLI)
• Daily management of the Bank's $150 million Derivative Portfolio
• Develop and manage detailed policies relating to all Treasury functions including Interest Rate Risk,
Investment Portfolio, Liquidity, Credit, etc.
• Integral member of the Bank’s M&A Team as well as Investor Relations
• Responsible for setting deposit and loan rates for the entire institution
• Responsible for loan purchases and sales; executed over $700 million in purchases and sales to date
• Manage the Bank’s Wire Department
• Manage a team of seven professionals
SELECTED ACCOMPLISHMENTS
• Created a Treasury function where one did not previously exist
• Significantly increased contingent liquidity sources through the use of the FHLB, Federal Reserve, Fed
Funds, Wholesale Deposits and Brokered Deposits
• Winner of the 2012 Chairman's Award, the highest award bestowed to employees
• Assisted in the raising of over $400 million of both public and private capital utilizing both debt and equity
markets
• Assisted in taking the company public and listing the company's stock on the NASDAQ and subsequently
on the NYSE
• Successfully launched a Loan Level Hedging Program
• Implemented a complete Risk Management framework
1

2. CHAD R. WHEELER
1 Saint James Place
Sinking Spring, PA 19608
chad_robert_wheeler@verizon.net
610-207-4396 (Cell)
• Created over $4 billion of available liquidity
• Developed a detailed CRA plan including the purchases of loans and investments
• Purchased over $850 million of investments which added over $20 million to interest income annually
• Assisted in the completion of two FDIC-Assisted transactions
SOVEREIGN BANK, Reading, PA 1996 – 2009
Sovereign Bank was an $84 billion dollar regional thrift and the U.S. subsidiary of Santander Group, Spain, and the fifth largest bank
in the world.
Assistant Treasurer (2009)
Chief Investment Officer / Senior Vice President (2007-2009)
Portfolio Manager / Vice President (2001-2007)
Funding Manager / Assistant Vice President (1999-2001)
Treasury Analyst (1996-1999)
Responsible for the daily management, analysis and reporting of a $15 billion investment portfolio.
This portfolio generated annualized pre-tax interest income in excess of $650 million over the eight years and
consisted of Mortgage-backed Securities, Asset-backed Securities, Municipal bonds, Corporate bonds,
Synthetic Collateralized Debt Obligations, Agency Debentures, Treasury bonds, Commercial Paper and Bank
Trust Preferred Securities. (The objectives of this portfolio were to generate income, satisfy collateral
requirements and provide liquidity as needed.)
SELECTED ACCOMPLISHMENTS
• Traded in excess of $115 billion of fixed income securities
• Developed and launched a Synthetic CDO buy program (this asset class was new to the investment
portfolio) which culminated in a $750 million portfolio and generated $13 million of annual pre-tax interest
income for the company
• Developed and launched a Municipal bond buy program (this asset class was new to the investment
portfolio) which culminated in a $2.5 billion portfolio and generated $150 million of annual pre-tax interest
income for the company
• Spearheaded the creation of a $3 billion corporate bond portfolio consisting of high-grade global credits
with maturities ranging from two to ten years
• Launched a $2 billion Asset-Backed portfolio consisting of highly rated Auto, Credit Card and Student Loan
paper with targeted average lives of less than three years
Responsible for the daily management and reporting of a $22 billion liability position.
The liability position consisted of Federal Home Loan Bank Advances, Fed Funds / Eurodollars, Repurchase
Agreements, Dollar Rolls and Brokered Deposits. (The objectives of this portfolio were to provide daily
liquidity, reduce overall interest expense, diversify sources of liquidity and generate new sources of liquidity.)
SELECTED ACCOMPLISHMENTS
• Transacted over $5 billion of Federal Home Loan Bank Advance restructurings which saved over $30
million of interest expense and reduced interest rate risk
2

3. CHAD R. WHEELER
1 Saint James Place
Sinking Spring, PA 19608
chad_robert_wheeler@verizon.net
610-207-4396 (Cell)
• Orchestrated a multi-billion dollar Dollar Roll Funding Program which saved the company over $20 million
annually
• Developed a Brokered Deposit program with over $4 billion in balances (at the program’s height) consisting
of certificates of deposit and money markets
• Created approximately $10 billion in additional committed available liquidity by identifying and pledging
Federal Reserve and Federal Home Loan Bank-eligible loans
• Transacted over $15 billion of Repurchase Agreements
Responsible for the daily management and reporting of an $8 billion interest rate swap portfolio.
This portfolio was primarily used to hedge interest rate risk, ensure compliance with the company’s interest
rate risk policy and to maintain certain levels of asset and liability sensitivity.
ADDITIONAL NOTEWORTHY PROFESSIONAL ACCOMPLISHMENTS
• Transacted over $15 billion of combined raw loan purchases and sales which were used for balance sheet
needs and earnings enhancement; ran the Bank’s Purchased Loan Committee
• Authored the bank’s Investment Portfolio Policy and co-authored a highly detailed Contingency Liquidity
and Funding Policy
• Assisted in completing five acquisitions over the past eight years as an integral member of the Merger and
Acquisition Team
• Managed a team of two Treasury professionals
COMMITTEES / PRESENTOR
Active member of and regular presenter at the following committees: Asset Liability Committee (Chair),
Capital Committee (Chair), Loan & Deposit Committee (Chair), Risk Management Committee, Directors Risk
Committee, 401k Committee, Community Reinvestment Committee, Purchased & Sold Loan Committee
PROFESSIONAL MEMBERSHIP
FHL Bank of Pittsburgh Member Advisory Board
EDUCATION
Kutztown University, Kutztown, PA
- Bachelor of Science / Finance
REFERENCES
Furnished upon request
3