Opus Bank (“Opus”) (NASDAQ: OPB) and the Opus Community
Foundation (the “Foundation”) announced today the Foundation’s
approval of 20 grant awards to charitable organizations that Opus
and the Foundation believe will strengthen and engage the
communities that Opus serves.
The grants were awarded to nonprofit organizations in Arizona,
California, and Washington that focus on affordable housing,
education, financial literacy, community health services, work
readiness programs, and the arts.
Arizona:
Arizona Council on Economic Education received a grant to
support its Financial Fitness for Life program, which empowers
teachers, guides parents, and engages students from low-income
families in the learning of essential financial literacy
skills.
St. Joseph the Worker received a grant for its Employment Heals
program, which provides access to job readiness support and
services including interview skills training, resume development,
professional presentation and communication etiquette courses,
access to transportation, and financial assistance to unemployed or
under-employed individuals in the Phoenix metropolitan region.
VALLEYLIFE received a grant to support its workforce development
programs, which provide job placement, retention, and support
services that increase successful employment outcomes for adults
with disabilities, mental illness, or other significant barriers to
employment.
California:
Bay Area Financial Education Foundation received a grant to
support a hands-on workshop for high school economic teachers,
which will provide training for classroom activities, access to
resources, as well as textbooks and other materials.
California Council on Economic Education received a grant to
support its economic and personal finance educational programs,
which integrate economic and financial literacy into K-12
classrooms by providing online programming and mentors to students,
and training, curriculum, and resources to teachers.
CAMEO received a grant to support its programs, which are
designed to scale up the volume of microlending in California and
significantly increase access to needed capital for microbusinesses
in under-served, low- and moderate-income regions of the state.
CDC Small Business Finance of San Diego received a grant to
support its programs, which provide small business owners access to
business advisory services and capital, which stimulate economic
development in low-income communities.
Foundation of Los Angeles Community Colleges received a grant to
support its financial literacy programs, which teach healthy
financial habits, improve students’ circumstances, and reduce
barriers that may keep low-income students from completing their
education.
Inland Empire Small Business Development Center received a grant
to support its programs, which provide no-cost financing, business
growth, and job creation advisory services to existing and start-up
small businesses throughout Riverside and San Bernardino
Counties.
Junior Achievement of Northern California received a grant to
support its programs, which promote financial literacy,
entrepreneurship, and work readiness through a series of business,
economics, and life skills classes for students in kindergarten
through 12th grade.
Mary Erickson Community Housing received a grant to support its
programs, which are focused on the acquisition, development,
redevelopment, and management of affordable housing in Orange,
Riverside, and San Bernardino Counties.
Neighborhood Partnership Housing Services, Inc. received a grant
for its programs, which build stronger communities through
innovative housing and economic solutions that advance the
well-being of people, vitality of neighborhoods, creation of jobs,
and sustainability of the environment.
Opportunity Fund received a grant to support its programs, which
advance the economic well-being of diverse small business owners
through increased access to responsible credit and business
advising, allowing small business owners to earn, save, and invest
in their future.
Orangewood Children’s Foundation received a grant to support its
scholarship program, which provides financial support to recently
emancipated foster youth attending community colleges, trade
schools, and four-year universities.
Trinity Youth Services received a grant to support its
Independence YOU program, which helps disenfranchised foster youth
between the ages of 18 and 21 become fully independent and
contributing members of society by providing mentoring
opportunities, access to behavioral and mental health services,
employment assistance, continuing education, and life skills
training.
VIA Education Foundation received a grant to support its
Connecting to Success program, which prepares students for the
workforce through financial literacy education, interview skills
development, resume building, and business ethics courses.
Workforce Development Board of Contra Costa received a grant to
support its programs, which deliver small business advising and
training to empower entrepreneurial low- to moderate-income
individuals to realize their dreams of business success and
stimulate economic prosperity in Contra Costa County.
Washington:
Banchero Disability Partners received a grant to support its
programs, which help adults with developmental disabilities to
excel in all areas of life through assistance with daily living
activities, maintaining public benefits, obtaining medical and
mental health care, and finding success in school, jobs, and
volunteer experiences.
Craft3 received a grant to support its programs, which target
the delivery of capital and assistance to disadvantaged small
businesses in King County as a proactive tool for change,
integrating businesses and institutions seeking to create resilient
communities.
Home Trust of Skagit received a grant to support its programs,
which are focused on the acquisition, development, redevelopment,
and management of affordable housing in Skagit County.
Opus Community Foundation
The Foundation is a private 501(c)(3) organization established
by Opus Bank on September 30, 2010. The Foundation targets its
philanthropic efforts in the areas of affordable housing, community
development, education, financial literacy, community health
services, and the arts. The Foundation’s goal is to stimulate
economic change, promote reinvestment, inspire philanthropy, and
strengthen the communities around us. For additional information
about the Opus Community Foundation, please visit the Foundation’s
website: www.opuscf.org.
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About Opus Bank
Opus Bank is an FDIC insured California-chartered commercial
bank with $7.4 billion of total assets, $5.2 billion of total
loans, and $6.1 billion in total deposits as of September 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 approximately
$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.
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version on businesswire.com: https://www.businesswire.com/news/home/20181115005324/en/
Opus Community FoundationMs. Katie S. EllisExecutive
DirectorTelephone: (949) 250-9800orOpus BankMr. Jeff L. LeonardSVP,
Director of Corporate Strategy/CommunicationsTelephone: (949)
251-8146
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