The directors of crypto-friendly Customers Bancorp and its subsidiary Customers Bank, headquartered in Malvern, Pennsylvania, will polish their writing skills over the next two months in preparation for an enforcement action the United States Federal Reserve Board executed against them. Customers Bank did not do well on “recent examinations and inspection” by the Philadelphia Federal Reserve Bank and is already taking measures to address deficiencies the Fed identified in the bank’s management and Anti-Money Laundering (AML) practices, according to the agreement, which was dated Aug. 5 and rel…