Opus Bank Recognized as One of the 50 Most Community-Minded Companies in Orange County

IRVINE, Calif.–(BUSINESS WIRE)–$OPB #Civic50Opus
Bank
(“Opus”) (NASDAQ: OPB) announced today it has been recognized
for the second consecutive year as one of the 50 most community-minded
companies in Orange County, California in the second annual Civic 50
Orange County
. The Civic 50 Orange County evaluates corporate
civic engagement and recognizes companies that incorporate community
leadership and socially-responsible practices into their culture, which
engagement is measured and ranked by OneOC and the Orange County
Business Journal.

Stephen H. Gordon, Chief Executive Officer and President of Opus Bank,
stated, “We are extremely proud to have received this recognition for a
second consecutive year. To have Opus recognized as one of the 50 most
civic-minded companies in Orange County is a testament to the culture
that is deeply embedded in both Opus and its team members. What makes
Opus Bank special is its talented team members, and their community
leadership, service activities, and generosity give me a great sense of
pride. This honor is one that has been earned by our team members and
truly reflects their passion and efforts to improve the communities in
which they live and work.”

To encourage and support community philanthropy, the Opus Community
Foundation was established concurrently with Opus Bank in 2010. Its
mission is to impact the lives of children and families living and
working in Opus Bank’s service areas through grant awards, matching gift
donations, and volunteer service. The Opus Community Foundation has
awarded over 250 grants to Orange County nonprofits since inception, in
addition to numerous others across the western region. Opus team
members, together with the Opus Community Foundation, have provided
financial support to nearly 700 charitable organizations.

Katie Ellis, Executive Director of the Opus Community Foundation, added,
“I am very proud to be a part of the diverse team at Opus that is
committed to our communities and understands the value of giving back.
Opus team members consistently demonstrate their personal commitment and
leadership by volunteering their time and talent as board members and
advisors to Orange County-based community organizations such as: Mary
Erickson Community Housing, The Wooden Floor, WHW, Oasis Center
International, Orange County Grantmakers, Orange County Opportunity
Initiative, and SeniorServ, among many others up and down the West
Coast.”

Throughout the year, Opus inspires team members to continue
strengthening their communities by giving generously of their own time
and compassion through the “Great Works” volunteer program. Company
organized efforts include serving food to the hungry, tutoring at-risk
youth, teaching financial literacy, providing job skills trainings, and
organizing food and school supply drives.

Cindy Pulido, Vice President, Community Reinvestment Act & Fair Lending
Officer, stated, “In addition to the countless hours donated by our team
members, Opus has made over $595 million of investments that primarily
benefit low- to moderate-income communities throughout the bank’s
footprint. These investments contribute to the vibrancy of our
communities by preserving and creating affordable housing, supporting
the growth of small businesses, and enabling our nonprofit partners to
grow and fulfill their mission of serving the community at large.”

Community engagement is also encouraged through Opus’ internship
program. Over the past year, 12 college-aged students and 4 high school
students gained experience in their selected field by working side by
side with senior management. They also attended professional job
training sessions, and to encourage philanthropy in their young and
developing careers wrote and presented grant applications to the Opus
Community Foundation Board of Directors for funding. In addition, each
high school student was paired with a college mentor to further engage
and inspire them to pursue their career. Opus Bank has employed over 100
interns since its inception.

About Civic 50 Orange County

Since 2012, The Civic 50, an initiative of Points of Light, is the only
survey and ranking system that exclusively measures corporate
involvement in communities. For a second year, the Orange County
Business Journal presents the Civic 50 Orange County in
partnership with OneOC, which recognizes the 50 most community-minded
small, medium, and large Orange County companies. The Civic 50 Orange
County
winners are public and private Orange County companies and
are selected based on four dimensions of their U.S. community engagement
program: investment, integration, institutionalization, and impact.

About OneOC

OneOC is a nonprofit 501c3 organization committed to accelerating
nonprofit success through volunteer, training, consulting and business
services. Serving Orange County, California, OneOC provides support and
solutions to more than 750 nonprofit organizations and community
initiatives each year. OneOC is affiliated with the Points of Lights
Institute, enabling participation in national community service
initiatives and connection to a larger movement of change. For more
information, visit www.OneOC.org.

Connect with Opus Bank

OpusBank.com
LinkedIn
Twitter
YouTube
Facebook

About Opus Bank

Opus Bank is an FDIC insured California-chartered commercial bank with
$7.2 billion of total assets, $5.1 billion of total loans, and $5.9
billion in total deposits as of June 30, 2018. Opus Bank provides
superior ideas and solutions, and banking products to its clients
through its Retail Bank, Commercial Bank, and Merchant 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 $14 billion of custodial assets and
approximately 49,000 client accounts, which are comprised of
self-directed investors, financial institutions, capital raisers and
financial advisors. Opus Bank operates 48 banking offices, including 29
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
Bank’s 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.

Contacts

Opus Bank
Mr. Jeff L. Leonard
SVP, Dir. of Corporate
Strategy/Communications
(949) 250-9800