IRVINE, Calif. – March 27, 2012 – Opus Bank (the “Bank”) announced today the openings of three new banking offices in the cities of Laguna Niguel, located in Orange County, and West Los Angeles, located in Los Angeles County, California; and Kirkland, located in King County, Washington.

The new Laguna Niguel banking office is located at 24050 Aliso Creek Road, Laguna Niguel, CA 92677, at the intersection of Aliso Creek Road and La Paz Road.

The new West Los Angeles banking office is located at 12301 Wilshire Blvd, Suite 150, Los Angeles, CA 90025 at the intersection of Wilshire Boulevard and Wellesley Avenue.

The new Kirkland banking office is located at 278 Central Way, Kirkland, WA 98033, at the intersection of Central Way and 3rd Street.

Stephen H. Gordon, founding Chairman, Chief Executive Officer and President of Opus Bank stated, “As one of the best capitalized banks in the Western region, we are strategically expanding our network of banking offices up and down the West Coast to deliver high value, relationship-based, banking products and concierge- level service for business owners, entrepreneurs, and personal banking clients located in markets that are desirous of the high quality and respected approach to banking that Opus Bank prides itself in providing.” Gordon added, “The opening of our Kirkland banking office is the first of three new locations that we expect to open this year in the Seattle metropolitan area, as we continue to expand our footprint in western Washington.” Gordon concluded, “In order to meet the financial needs of our clients, Opus Bank has grown from five locations in the South Bay area of Los Angeles County, to over forty locations up and down the West Coast.”

About Opus Bank

Opus Bank, headquartered in Irvine, CA, is an FDIC insured California-chartered commercial bank with $2.4 billion of total assets, $1.6 billion of total loans, and $1.8 billion in total deposits, as of December 31, 2011. Opus Bank provides high value, relationship-based banking products and exceptional service to its clients comprised of small and mid-sized commercial businesses, entrepreneurs, real estate investors, professionals, and consumers. Opus Bank offers a wide range of loan products, including commercial and industrial, commercial real estate, multifamily residential, conforming and jumbo single-family residential, and consumer loans; and is a Small Business Administration (“SBA”) Preferred Lender. Opus Bank currently operates 43 banking offices, including 23 in the Seattle/Puget Sound region in Washington and 20 banking offices in Southern California. Opus Bank has announced plans to open new banking offices in Danville, located in Contra Costa County; Long Beach and Pasadena, located in Los Angeles County; Del Mar, located in San Diego County, California; Gig Harbor, located in Pierce County; and Mount Vernon, located in Skagit County, Washington. For additional information about Opus Bank, please visit our website: .