IRVINE, Calif. – October 4, 2011 – Opus Bank (the “Bank”) announced today that it received from its regulators the necessary approvals to move the location of the Bank’s headquarters office to its existing executive and administrative offices at 19900 MacArthur Blvd., 12th Floor, Irvine, California 92612. As a result of the move, the Bank is now the largest bank headquartered in Orange County, California, with $2.2 billion in assets as of June 30, 2011. The change went into effect on September 19, 2011.

Stephen H. Gordon, Chairman, Chief Executive Officer, and President of Opus Bank stated, “Just a year ago, we completed the recapitalization of Opus Bank, which at the time had five banking offices and approximately $280 million of total assets. Over the past year, we have grown the Bank organically and through acquisitions to 29 locations, with $2.2 billion of total assets, $1.1 billion of total loans, and $1.4 billion of total deposits as of June 30, 2011. This past June, we completed the acquisition of Everett, Washington-based Cascade Bank, which gives us a strong 22 banking office presence in the Seattle Puget Sound area. Also in June of this year, we announced that we reached an agreement to acquire Fullerton Community Bank (“Fullerton”), which acquisition is expected to close early in the fourth quarter. The acquisition of Fullerton, a relationship-based community bank with an 84-year heritage, provides us with an additional seven locations and exceptional team of bankers in northern Orange County.” Gordon added, “As part of our Board and regulatory approved organic growth plan, we opened new banking offices in Beverly Hills and Crystal Cove in Newport Coast, and announced plans to open an additional ten banking offices in Southern California, the San Francisco Bay Area, and the Seattle/Puget Sound metropolitan area. Six of these locations are scheduled to open during the fourth quarter of 2011, including Encino, Long Beach, and West Los Angeles, located in Los Angeles County; Corona del Mar and Irvine, located in Orange County; and La Jolla, located in San Diego County, California. The remaining four locations are scheduled to open in the first quarter of 2012, including Danville, located in Contra Costa County; Laguna Niguel, located in Orange County; Del Mar, located in San Diego County, California; and Kirkland, located in King County, Washington. Additionally, the Bank has signed, or is in the process of negotiating, letters of intent for eight additional banking offices in Southern California, the San Francisco Bay Area, and the Seattle/Puget Sound metropolitan area. We intend to expand our banking presence in the major metropolitan areas up and down the West Coast as we aspire to have a major impact to our local economies.” Gordon concluded, “As one of the highest capitalized banks in the Western region, we continuously provide high quality banking products and services, and financial solutions through our growing network of banking offices to those small and mid-sized commercial businesses, entrepreneurs, real estate investors, high-net-worth individuals, professionals, and consumers who share our vision to expand and grow.”​

About Opus Bank

Opus Bank, headquartered in Irvine, CA, is an FDIC insured California-chartered commercial bank with $2.2 billion of total assets, $1.1 billion of total loans, and $1.4 billion in total deposits 2- as of June 30, 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, high-net-worth individuals, professionals, and consumers. Opus Bank offers a wide range of loan products, including commercial and industrial, commercial real estate, multifamily residential, jumbo single-family residential, and consumer loans; and is a Small Business Administration (“SBA”) Preferred Lender. Opus Bank currently operates 29 banking offices, including 22 in the Seattle/Puget Sound region in Washington and seven banking offices in Southern California. Opus Bank has announced plans to open new banking offices in Danville, located in Contra Costa County; Encino, Long Beach, and West Los Angeles, located in Los Angeles County; Corona del Mar, Irvine, and Laguna Niguel, located in Orange County; Del Mar and La Jolla, located in San Diego County, California; and Kirkland, located in King County, Washington. On June 6, 2011, Opus Bank announced that it entered into a definitive agreement to acquire RMG Capital Corporation (“RMG”) and its bank subsidiary, Fullerton Community Bank, FSB. Established in 1927, Fullerton Community Bank is a federally chartered savings bank that operates seven full service banking offices in northern Orange County, California, and has $640.3 million of total assets, $488.7 million of total deposits, and $521.9 million of total loans, as of June 30, 2011. For additional information about Opus Bank, please visit our website: www.opusbank.com.