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Opus Bank Announces Expansion of Its Healthcare Banking Division

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- Patrick J. Rounds Joins as Senior Managing Director, Healthcare
Banking -

Opus
Bank
("Opus") (NASDAQ:OPB) announced today that Patrick J. Rounds,
a 34-year banking veteran, has joined Opus as Senior Managing Director,
Healthcare Banking. Mr. Rounds will be responsible for further
expanding, and providing capital financing and banking solutions to
Opus' healthcare client base, in particular hospitals, skilled nursing
facilities, long-term care facilities, behavioral health companies,
hospice providers, medical device manufacturers, and other service
providers in the healthcare industry.

Jim Haney, Executive Vice President, Head of Commercial Banking,
commented, "I am pleased to welcome Patrick Rounds as he joins Opus to
lead our Healthcare Banking team. Throughout his banking career, Patrick
has experienced considerable success in building, growing, and leading
Healthcare banking teams in the western region. I look forward to
Patrick's contributions and anticipate that he will quickly add to the
team's productivity and success as Opus continues to grow its loan
origination volumes, deposit base, market presence, and overall
relationship-based healthcare banking franchise."

Stephen H. Gordon, Chief Executive Officer and President of Opus Bank,
stated, "Patrick's consultative and advisory approach mirrors Opus'
approach of partnering with our clients by providing the capital
funding, tailored solutions, and strategic advice necessary to enable
their long-term vision, execute their business strategy, and achieve
their goals." Mr. Gordon added, "We believe that Opus' Healthcare
Banking clients will directly benefit from Patrick's 30-plus years of
expertise and industry specific knowledge in structuring, originating,
and underwriting asset-based, working capital lines of credit, bridge
loans, and other senior secured financing solutions."

Mr. Rounds joins Opus most recently from National Bank of Arizona, a
division of Zions Bank, where from 2015 he served as Senior Vice
President, Head of Healthcare Lending. While at National Bank of
Arizona, Mr. Rounds was responsible for setting strategy and budgets,
developing underwriting parameters, sourcing new business, managing the
company's SBIC equity investments, supervising all underwriting efforts,
and coaching team members. From 2002 to 2015, Mr. Rounds served as
Senior Vice President, Healthcare Financial Services at GE Capital,
where he was responsible for negotiating and structuring
healthcare-related senior debt financing in the Western U.S. While at GE
Capital, Mr. Rounds also led an initiative to expand business within the
healthcare information technology and managed administrative services
segments. From 1993 to 2000, Mr. Rounds served as Senior Vice President
and Manager of the San Francisco office of Bank Austria Creditanstalt
Corporate Finance, Inc. From 1989 to 1993, Mr. Rounds served as Senior
Manager Global Corporate Banking at Royal Bank of Canada. Mr. Rounds
began his banking career at Mellon Bank in 1984. Prior to beginning his
banking career, Mr. Rounds served as a Commissioned Officer in the
United States Coast Guard. Mr. Rounds holds a B.A. in History from the
University of California, San Diego; and a M.A. in International
Relations from the Johns Hopkins University.

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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: 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.

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