Opus Bank (Opus) (NASDAQ: OPB) announced today that Robin Israel has joined Opus as Managing Director, Senior Client Manager “ Commercial Banking. Mr. Israel, a 29-year banking veteran, is responsible for expanding Opus commercial and corporate client base in the West Valley area of Los Angeles and the coastal markets of Ventura and Santa Barbara counties.
Jim Haney, Executive Vice President, Head of Commercial Banking, stated, Robin is a highly respected and experienced banker with a long history of success in the San Fernando Valley and the coastal markets from Malibu to Santa Barbara. Robin brings a wealth of experience in structuring, originating, and underwriting asset-based, working capital, and commercial real estate transactions, as well as developing treasury management solutions for middle-market companies, entrepreneurs, and business owners. Mr. Haney added, I look forward to having the additional banker coverage in these vibrant markets and anticipate that Robin will add to the productivity and success of our Commercial Banking division as we look to grow the divisions client base in the major metropolitan markets on the West Coast.
Mr. Israel joins Opus Bank most recently from Bank of America, where from 2016 he served as Senior Vice President, Senior Relationship Manager and was focused on building client relationships with, and providing depository, lending, and treasury management solutions to small businesses and lower middle-market companies in the coastal areas of Los Angeles County. Mr. Israel ranked among the banks top producers nationally for 2017 and for the first six months of 2018. From 2010 to 2016, Mr. Israel served as Vice President, Senior Relationship Manager at JPMorgan Chase Bank, where he focused on managing and growing a portfolio of asset-based, senior term, commercial real estate, working capital, and SBA loans, as well as developing depository and treasury management opportunities in the San Fernando Valley and coastal areas of Ventura and Santa Barbara counties. From 2008 to 2009, Mr. Israel served as Senior Vice President, Business Development Officer at California Republic Bank, where he was responsible for managing and growing a portfolio of middle market commercial clients in the Beverly Hills and West LA markets. From 2006 to 2007, Mr. Israel served with Santa Barbara Bank & Trust as Vice President. From 2003 to 2006, Mr. Israel served with City National Bank, as Senior Vice President. Mr. Israel began his banking career at Wells Fargo Bank in retail operations and in 1999 joined the banks middle market commercial banking group in Beverly Hills, where he served as Vice President, Business Development Officer. Mr. Israel holds a Bachelor of Science degree from the University of Redlands.
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About Opus Bank Opus Bank is an FDIC insured California-chartered commercial bank with $7.2 billion of total assets, $5.1 billion of total loans, and $5.9 billion in total deposits as of June 30, 2018. 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 Banks alternative asset IRA custodian subsidiary has $14 billion of custodial assets and approximately 49,000 client accounts, which are comprised of self-directed investors, financial institutions, capital raisers and financial advisors. Opus Bank operates 48 banking offices, including 29 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: www.opusbank.com.
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.
Mr. Jeff L. Leonard, 949-251-8146
SVP, Dir. of