Opus Bank Releases Its Technology Banking Report
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IRVINE, Calif.--(BUSINESS WIRE)-- Opus Bank ("Opus") (NASDAQ: OPB) announced today it has published the Opus Bank Technology Banking report, which provides an overview of the technology sector, Opus’ Technology Banking division, and the important role Opus plays as a leading technology bank. This report can be found on the Opus Bank Investor Relations website: investor.opusbank.com or is available upon request.
About Opus Bank
Opus Bank is an FDIC insured California-chartered commercial bank with $6.6 billion of total assets, $5.5 billion of total loans, and $5.3 billion in total deposits as of December 31, 2015. Opus Bank provides high-value, relationship-based banking products, services, and solutions to its clients through its Retail Bank, Commercial Bank, Merchant Bank, and Correspondent Bank. Opus Bank offers a suite of treasury and cash management and depository solutions and a wide range of loan products, including commercial, healthcare, technology, multifamily residential, commercial real estate, and structured finance, and is an SBA preferred lender. Opus Bank offers commercial escrow services and facilitates 1031 Exchange transactions through its Escrow and Exchange divisions. Opus Bank provides clients with financial and advisory services related to raising equity capital, targeted acquisition and divestiture strategies, general mergers and acquisitions, debt and equity financing, balance sheet restructuring, valuation, strategy, and performance improvement through its Merchant Banking division and its broker-dealer subsidiary, Opus Financial Partners. Opus Bank’s subsidiary, PENSCO Trust Company, serves as the trusted custodian of over $10 billion in IRA custodial assets on behalf of more than 45,000 clients, which are comprised of self-directed investors, financial institutions, capital raisers, and financial advisors. Opus Bank operates 58 client experience centers, including 33 in California, 22 in the Seattle/Puget Sound region in Washington, two in the Phoenix metropolitan area of Arizona, and one in Portland, Oregon. Opus Bank is an Equal Housing Lender.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20160418005289/en/
Opus Bank
Brett G. Villaume, 949-224-8866
SVP, Director of
Investor Relations
or
Mr. Jeff L. Leonard, 949-251-8146
SVP,
Director of Communications
Source: Opus Bank
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