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Opus Bank Names Jim Haney EVP, Head of Commercial Banking

Company Release - 3/1/2018 7:00 AM ET

IRVINE, Calif.--(BUSINESS WIRE)-- Opus Bank (“Opus”) (NASDAQ: OPB) announced today that Jim Haney, a 32-year banking veteran, has joined Opus Bank as Executive Vice President, Head of Commercial Banking and has been appointed to Opus’ Executive Committee.

Stephen H. Gordon, Chief Executive Officer and President of Opus Bank, stated, “We are very proud to have Jim Haney join Opus to lead our Commercial Banking team and as a member of our senior executive team. Throughout his banking career, Jim has experienced considerable success in building, growing, and leading commercial banking teams on the West Coast. This success stems from Jim’s entrepreneurial approach, which mirrors Opus’ approach of partnering with clients by providing the capital funding, tailored solutions, and strategic advice necessary to enable their long-term vision, act on their business strategy, and achieve their goals.” Mr. Gordon added, “We look forward to Jim’s anticipated success as Opus grows its relationship-based commercial banking franchise.”

Mr. Haney joins Opus most recently from City National Bank (“CNB”), a subsidiary of Royal Bank of Canada (“RBC”), where he served as Senior Vice President and Regional Manager – Los Angeles Metro Region since 2006. While at CNB, Mr. Haney was responsible for offices with approximately $1.5 billion in loans outstanding, $2.4 billion in loan commitments, and $2.4 billion in core deposits. From 2002 to 2006, Mr. Haney served as Senior Vice President, Los Angeles Market Director for Citibank Commercial Banking. From 1998 to 2002, Mr. Haney served as the Los Angeles Market Manager for Commercial Banking at California Federal Bank (“CalFed”) until its acquisition by Citibank in 2002. From 1996 to 1998, Mr. Haney served as Director of Business Banking for CalFed, and since 1985 served in various capacities at Bank of America, including Commercial Banking, Business Banking, Retail Banking and Sales Management. Prior to joining Bank of America, Mr. Haney spent four years in the securities industry. Mr. Haney holds a Bachelor of Science degree from the University of Utah.

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About Opus Bank

Opus Bank is an FDIC insured California-chartered commercial bank with $7.5 billion of total assets, $5.2 billion of total loans, and $5.9 billion in total deposits as of December 31, 2017. Opus Bank provides superior ideas and solutions, and banking products to its clients through its Retail Bank, Commercial Bank, and Merchant Bank. Opus Bank offers a suite of treasury and cash management and depository solutions and a wide range of loan products, including commercial, healthcare, media and entertainment, corporate finance, multifamily residential, commercial real estate and structured finance, and is an SBA preferred lender. Opus Bank offers commercial escrow services and facilitates 1031 Exchange transactions through its Escrow and Exchange divisions. Opus Bank provides clients with financial and advisory services related to raising equity capital, targeted acquisition and divestiture strategies, general mergers and acquisitions, debt and equity financing, balance sheet restructuring, valuation, strategy and performance improvement through its Merchant Banking division and its broker-dealer subsidiary, Opus Financial Partners, LLC, Member FINRA/SIPC. Opus Bank’s self-directed alternative asset IRA custodian subsidiary has over $16 billion of custodial assets and approximately 50,000 client accounts, which are comprised of self-directed investors, financial institutions, capital raisers and financial advisors. Opus Bank operates 50 banking offices, including 31 in California, 16 in the Seattle/Puget Sound region in Washington, two in the Phoenix metropolitan area of Arizona and one in Portland, Oregon. Opus Bank is an Equal Housing Lender. For additional information about Opus Bank, please visit our website:

Forward-Looking Statements

This release may include forward-looking statements related to Opus’ plans, beliefs and goals, which involve certain risks, and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. The forward-looking information presented in this press release is not a guarantee of future events, and actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “intend” or “expect” or variations thereon or similar terminology. All such statements speak only as of the date made, and Opus undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Opus Bank
Mr. Jeff L. Leonard, 949-251-8146
SVP, Dir. of Corporate Strategy/Communications

Source: Opus Bank