May 14, 2013
Opus Bank Announces Launch of New Healthcare Banking Division
IRVINE, Calif. – May 14, 2013 – Opus Bank (“Opus” or the “Bank”) announced today the formation of its Healthcare Banking division, a new niche focus within Opus’ Commercial Business Banking division. The new division will initially focus on providing capital financing and banking solutions to dental, medical, veterinary, and ophthalmology healthcare professionals for healthcare practice acquisitions and expansions, partner buy-ins and buy-outs, equipment financing, and facilities acquisitions, improvements, and relocations.
Opus Bank additionally announced today that Evan Barker has joined Opus Bank as Senior Managing Director, Healthcare Banking. Mr. Barker, a 20-year banking veteran, joins the Bank most recently from Sunwest Bank, where he served as Senior Vice President - Healthcare Division Manager. While at Sunwest Bank, Mr. Barker led the Healthcare division, and focused on healthcare professionals, their practices, and other related businesses that support healthcare professionals. Earlier in his career, Mr. Barker held similar positions with Partners Bank of California and Pacific Mercantile Bank (NASDAQ: PMBC).
Stephen H. Gordon, Chairman and Chief Executive Officer of Opus Bank stated, “The healthcare sector continues to undergo significant transition, and healthcare professionals are constantly having to adapt in order to compete. Opus Bank is keenly committed to backing those healthcare professionals, practices, and businesses looking for a financial partner who understands their business and related challenges.” Mr. Gordon added, “We are pleased to welcome Evan as he joins Opus Bank to lead the growth of our newly launched Healthcare Banking division. Evan is a highly regarded banking veteran with a consistent history of success banking healthcare practices and their physician owners up and down the West Coast.” Mr. Gordon concluded, “Evan has a deep understanding of the healthcare sector and has developed a unique expertise in structuring and delivering financial solutions to healthcare professionals who have the vision and ability to expand and grow, thereby creating jobs from the ground up.”
About Opus Bank
Opus Bank is an FDIC insured California-chartered commercial bank with $3.0 billion of total assets, $2.3 billion of total loans, and $2.1 billion in total deposits, as of March 31, 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, conforming and jumbo single-family residential, and consumer loans; and is an Equal Housing Lender. Opus Bank operates 52 banking offices, including 30 banking offices in California and 22 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