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Jeff L. Leonard
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Telephone: 949.250.9800
Fax: 949.250.9988
E-mail: jleonard@opusbank.com

News Release

September 26, 2011


OPUS BANK SIGNS FIVE ADDITIONAL LEASE AGREEMENTS TO CONTINUE BANKING OFFICE EXPANSION IN CALIFORNIA AND WASHINGTON


IRVINE, Calif. – September 26, 2011 – Opus Bank announced today that it has entered into five lease agreements to open new banking offices in Danville, located in Contra Costa County; Long Beach, located in Los Angeles County; Laguna Niguel, located in Orange County, Del Mar, located in San Diego County, California; and Kirkland, located in King County, Washington. These new banking offices are part of the organic phase of Opus Bank’s planned growth through the opening of de novo banking offices in the major metropolitan areas of California and Washington. In addition to these five new locations and the seven locations announced in the second quarter of 2011, 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.

Stephen H. Gordon, Chairman, Chief Executive Officer, and President of Opus Bank stated, “As one of the best capitalized banks in the Western region, we are continuing to strategically expand our network of banking offices in the major metropolitan areas up and down the West Coast.” Gordon added, “While we continue to commit significant amounts of capital funding 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, our team of bankers are offering high-value, relationship-based, banking products and services up and down the West Coast, as well, to those wanting a true relationship-based banking partner.” Gordon concluded, “We do not determine how our clients choose to bank. Whether they choose to bank directly with a relationship banker, online, or in a banking office, Opus Bank constantly provides high quality banking products and services, and financial solutions delivered by our professional team of knowledgeable and experienced bankers and state of the art technology.”

Contra Costa County, CA:
The new Danville banking office will be located at 4020 Blackhawk Plaza Circle, Danville, CA 94506, between Starbucks and Draeger’s Market in the Blackhawk Plaza shopping center, and is scheduled to open in the first quarter of 2012.

Los Angeles County, CA:
The new Long Beach banking office will be located at 211 East Ocean Boulevard, Long Beach, CA 90802, at the intersection of East Ocean Boulevard and North Waite Court, and is scheduled to open in the fourth quarter of 2011.

Orange County, CA:
The new Laguna Niguel banking office will be located at 24050 Aliso Creek Road, Laguna Niguel, CA 92677, at the intersection of Aliso Creek Road and La Paz Road, and is scheduled to open in the first quarter of 2012. San Diego County, CA: The new Del Mar banking office will be located at 2650 Via De La Valle, Del Mar, CA 92014, at the intersection of Via De La Valle and San Andres Drive, and is scheduled to open in the first quarter of 2012.

King County, WA:
The new Kirkland banking office will be located at 278 Central Way, Kirkland, WA 98033, at the intersection of Central Way and 3rd Street, and is scheduled to open in the first quarter of 2012.​

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 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 previously announced plans to open new banking offices in Encino 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. 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 eight 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.

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