Opus 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
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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.
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Opus BankMr. Jeff L. LeonardSVP, Dir. of Corporate
Strategy/Communications(949) 250-9800
Opus Bank (NASDAQ:OPB)
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