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Opus Bank Expands Its Southern California Commercial Banking Team

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- Alfonso Castell De'Oro Joins as Managing Director, Senior Client
Manager -

Opus
Bank
("Opus") (NASDAQ:OPB) announced today that Alfonso Castell
De'Oro, a 21-year banking veteran, has joined Opus as Managing Director,
Senior Client Manager, and is responsible for expanding Opus' commercial
and corporate client base in the Inland Empire region of California.

Jim Haney, Executive Vice President, Head of Commercial Banking, stated,
"We are proud to have Alfonso join Opus' Commercial Banking team in the
Inland Empire. Alfonso possesses a tremendous depth of experience
providing commercial banking products, services, and solutions to lower
middle market corporations and small businesses." Mr. Haney added, "We
look forward to Alfonso's contributions as Opus continues to grow its
loan origination volumes, deposit base, market presence, and overall
relationship-based commercial banking franchise in the Inland Empire and
other metropolitan markets on the West Coast."

Mr. Castell De'Oro joins Opus most recently from Bank of America Merrill
Lynch, where from 2011 he served as Vice President, Commercial
Relationship Manager. While at Bank of America, Mr. Castell De'Oro was
responsible for growing and managing a portfolio of lower middle market
commercial clients in the Inland Empire region of Southern California.
From 2009 to 2011, Mr. Castell De'Oro served as Vice President,
Commercial Relationship Manager at Community Bank, where he focused on
developing depository and commercial lending relationships as well as
commercial real estate, C&I, and SBA lending opportunities with small
businesses and lower middle market companies. From 2008 to 2009, Mr.
Castell De'Oro served as Vice President, Commercial Relationship Manager
at Chase Bank, where he focused on developing depository and lending
relationships with small businesses. From 2006 to 2008, Mr. Castell
De'Oro served as Vice President, Commercial Loan Officer at Wells Fargo
Bank, where he was responsible for growing and managing a portfolio of
lower middle market companies and small businesses. Mr. Castell De'Oro
began his banking career at Wells Fargo in 1997.

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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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