Market Overview

Opus Bank Further Expands Its Los Angeles Commercial Banking Team


- Argisht Minasyan Joins as Senior Managing Director, Senior Client
Manager -

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

Jim Haney, Executive Vice President, Head of Commercial Banking, stated,
"We are excited to welcome Argisht as he joins Opus' Commercial Banking
team in Los Angeles. Argisht is a well-known and highly experienced
banker with deep ties in the Los Angeles market. The addition of Argisht
to our Los Angeles Commercial Banking team will further strengthen our
position in one of the most active and vibrant markets in the country.
We look forward to Argisht's anticipated success as we continue to
expand in this important market."

Mr. Minasyan joins Opus most recently from Bank of America, where from
2003 he served as Senior Vice President, Senior Relationship Manager –
Commercial Banking. While at Bank of America, Mr. Minasyan was
responsible for managing and growing a portfolio of lower middle market
and middle market commercial clients and professional services firms in
the Downtown Los Angeles market. Earlier in his career, Mr. Minasyan
served as Financial Services Officer at Union Bank, where he focused on
developing depository and treasury management client relationships with
small businesses, as well as commercial real estate, C&I, and SBA
lending opportunities. Mr. Minasyan began his banking career at Bank of
America in 1996. Mr. Minasyan holds a B.S. in Business Administration
from California State University, Northridge.

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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