Opus Bank Completes Acquisition of Ten Banking Offices from Pacific Western Bank

Opus Bank announced today that its acquisition of ten banking offices and approximately $125.1 million of related deposits from Pacific Western Bank, a wholly owned subsidiary of PacWest Bancorp

, was completed on September 21, 2012. The ten banking offices have been rebranded and will begin operating as Opus Bank immediately, with all of the clients' accounts having been transitioned to Opus Bank. The ten banking offices are located in the communities of Encino, Monrovia, South Pasadena, and Westwood, in Los Angeles County; Carlsbad, El Cajon, and La Mesa, located in San Diego County; La Quinta, located in Riverside County; and Chino and Twentynine Palms, located in San Bernardino County, California. The transaction