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Opus Bank Expands Its Los Angeles Commercial Banking Team


- Mark Kaeller Joins as Managing Director, Senior Client Manager -

("Opus") (NASDAQ:OPB) announced today that Mark Kaeller has
joined Opus as Managing Director, Senior Client Manager. Mr. Kaeller, a
28-year banking veteran, is responsible for further expanding Opus'
commercial and corporate client base in the Los Angeles region.

Jim Haney, Executive Vice President, Head of Commercial Banking, stated,
"We are proud to have Mark Kaeller join Opus' Commercial Banking team in
Los Angeles. Mark is a highly regarded banker in the region with deep
ties to middle market companies and a wealth of experience delivering
debt financing and treasury management and solutions." Mr. Haney added,
"We look forward to Mark's contributions as Opus continues to grow its
overall relationship-based commercial banking franchise."

Mr. Kaeller joins Opus most recently from MUFG Union Bank, where he
served as Vice President, Senior Relationship Manager and was focused on
building the bank's middle market commercial banking business in
downtown Los Angeles and the surrounding markets. From 2014 to 2016, Mr.
Kaeller served as Vice President, Senior Relationship Manager at
ProAmerica Bank, where he focused on developing new client relationships
with lower middle market companies and originating commercial loans and
working capital lines of credit, as well as non-owner-occupied
commercial real estate debt transactions. From 2013 to 2014, Mr. Kaeller
served as Vice President, Senior Relationship Manager at JPMorgan Chase,
where he focused on building client relationships with small businesses
and lower middle market companies. From 2003 to 2013, Mr. Kaeller served
as Vice President, Relationship Manager at Bank of America, where he
managed and developed client relationships with middle market companies,
with a focus on commercial loans and lines of credit, foreign exchange
transactions, and treasury management services. Mr. Kaeller holds a
Bachelor of Science degree in Psychobiology from the University of
California, Los Angeles.

Connect with Opus Bank

About Opus Bank

Opus Bank is an FDIC insured California-chartered commercial bank with
$7.3 billion of total assets, $5.2 billion of total loans, and $6.0
billion in total deposits as of March 31, 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 Bank's alternative
asset IRA custodian subsidiary has over $16 billion of custodial assets
and over 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.

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