IRVINE, Calif. – September 11, 2013 – Opus Bank (“Opus” or the “Bank”) announced today that Grant Word has joined Opus Bank as Senior Vice President, Senior Managing Director – Commercial Business Banking for Opus’ Pacific Northwest Region. Mr. Word is responsible for expanding Opus’ commercial and corporate client base, as well as for leading, managing, and growing the presence of Opus’ Commercial Business Banking division in the key Pacific Northwest markets.
Mr. Word, a 23-year banking veteran, joins Opus Bank most recently from US Bank, where he served as Market President and Commercial Bank Leader in the South Puget Sound region, predominantly in Pierce County, Thurston County, and southern King County. From 2007 through 2012, Mr. Word served as President, Commercial Banking in Oregon and southwestern Washington for JP Morgan Chase, where he launched and grew Chase’s middle market business platform in the region. From 2001 through 2008, Mr. Word served in executive leadership positions in Washington Mutual’s Commercial Banking division, ultimately serving as Senior Vice President, Commercial Strategy. From 1990 to 2000, Mr. Word served in senior leadership positions in Bank of America’s Private Banking and Commercial Banking divisions. Earlier in his career, Mr. Word served as a financial analyst for Tektronix, Inc. of Beaverton, Oregon. Mr. Word holds both a Bachelor’s and Master’s degrees in Finance from the University of Texas.
Stephen H. Gordon, founding Chairman, Chief Executive Officer, and President of Opus Bank, stated, “We are proud to have Grant join Opus to lead our Commercial Business Banking division in the Pacific Northwest. We anticipate that his years of experience and considerable success providing debt financing and treasury management solutions to mid-sized businesses in the region’s distinct market areas will have an immediate and positive impact, as Opus Bank continues to grow its loan origination volumes, deposit base, market presence, and overall relationship-based commercial banking franchise.” Gordon added, “Just as our clients of small to mid-sized businesses, real estate investors, and entrepreneurs desire to expand, we intend to continue to expand our presence of experienced and entrepreneurial relationship bankers in all of the metropolitan regions up and down the West Coast.”
About Opus Bank
Opus Bank is an FDIC insured California-chartered commercial bank with $3.2 billion of total assets, $2.4 billion of total loans, and $2.3 billion in total deposits, as of June 30, 2013. Opus Bank provides high-value, relationship-based banking products, services, and solutions to its clients comprised of small and mid-sized commercial businesses, entrepreneurs, real estate investors, professionals, and consumers. Opus Bank offers a robust suite of treasury and cash management and depository solutions, and a wide range of loan products, including commercial and industrial, SBA, commercial real estate, multifamily residential, and conforming and jumbo single-family residential loans; and is an Equal Housing Lender. Opus Bank operates 58 banking offices, including 34 banking offices in California and 24 in the Seattle/Puget Sound region in Washington. For additional information about Opus Bank, please visit our website: www.opusbank.com. To learn more about how Opus Bank is backing businesses, please visit: www.opusbank.com/Spotlight.
Mr. Stephen H. Gordon
Chairman & CEO
Mr. Jeff L. Leonard
SVP, Dir. of Corporate Strategy/Communications
Telephone: (949) 250-9800
Facsimile: (949) 250-9988