Opus Bank (“Opus” or the “Bank”) (NASDAQ: OPB) announced today that Ray Lopez has joined Opus as Director, Fiduciary Banking. Mr. Lopez, a 16-year banking veteran, is focused on expanding Opus’ West Coast client base of fiduciary and corporate financial services companies.

Balaji Krishna, EVP, Chief Banking Officer and Head of Sales of Opus Bank, stated, “We are excited to welcome Ray Lopez as he joins Opus’ Fiduciary Banking team. Ray is a highly regarded banking veteran with a tremendous depth of experience providing tailored solutions to property management companies, title and escrow companies, homeowners associations, non-real estate escrows, bankruptcy estates, 1031 exchange accommodators, and other fiduciary businesses.” Mr. Krishna added, “We anticipate that Ray will be a strong contributor and build upon the success we have already achieved banking fiduciary clients up and down the West Coast.”

Mr. Lopez joins Opus most recently from Wells Fargo Bank, where from 2008 to 2017 he served as Vice President, Team Lead Principal Relationship Manager and Industry Specialist and focused on building the bank’s fiduciary banking business. While at Wells Fargo, Mr. Lopez developed and delivered industry specific deposit, treasury management, and lending products and services for property management companies, title and escrow companies, homeowners associations, asset management companies, non-real estate escrows, bankruptcy estates, 1031 exchange accommodators, and other businesses operating as fiduciaries. From 2005 to 2008, Mr. Lopez served as Assistant Vice President at Sunwest Bank within the bank’s Commercial Services Group. Earlier at Sunwest, Mr. Lopez served as BSA Compliance Analyst and as a banker within the Commercial Client Services group. Mr. Lopez began his banking career with Western Financial Bank in 2001. Mr. Lopez holds a Bachelor of Science degree from California State University, Fullerton and is active in the community having served since 2002 as a volunteer high school and youth basketball coach.

For additional information about the products and services offered by Opus Bank’s Fiduciary Banking division, please visit our website: www.opusbank.com/commercial/fiduciary-banking.

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About Opus Bank

Opus Bank is an FDIC insured California-chartered commercial bank with $7.3 billion of total assets, $5.1 billion of total loans, and $6.1 billion in total deposits as of September 30, 2017. Opus Bank provides superior ideas and solutions, and banking products 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, media and entertainment, corporate finance, 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, LLC, Member FINRA/SIPC. Opus Bank’s alternative asset IRA custodian subsidiary has over $16 billion of custodial assets and approximately 52,000 client accounts, which are comprised of self-directed investors, financial institutions, capital raisers and financial advisors. Opus Bank operates 50 banking offices, including 31 in California, 16 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. For additional information about Opus Bank, please visit our website: www.opusbank.com.

Forward-Looking Statements

This release may include forward-looking statements related to Opus’ plans, beliefs and goals, which involve certain risks, and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. The forward-looking information presented in this press release is not a guarantee of future events, and actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “intend” or “expect” or variations thereon or similar terminology. All such statements speak only as of the date made, and Opus undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.