Market Overview

Opus Bank Hires Los Angeles Market Leader


- Michael Milik Joins as Senior Managing Director, Los Angeles Market
Leader -

("Opus") (NASDAQ:OPB) announced today that Michael Milik, a
17-year banking veteran, has joined Opus as Senior Managing Director,
Los Angeles Market Leader, and is responsible for expanding Opus'
commercial and corporate client base, as well as for leading, managing,
and growing Opus' Commercial Banking division's impact and presence in
the greater Los Angeles metropolitan market.

Jim Haney, Executive Vice President, Head of Commercial Banking, stated,
"We are excited to have Michael join Opus to lead our Commercial Banking
team in the Los Angeles metropolitan region. Michael is a deeply rooted
and experienced commercial banker in the Los Angeles market and has a
long history of delivering tailored financial solutions to those
entrepreneurs, businesses, and middle market companies with the vision
and ability to expand and grow. Additionally, Michael has experienced
considerable success in building, growing, mentoring, and leading
commercial banking teams in the Los Angeles market." Mr. Haney added,
"We look forward to Michael's contributions as Opus continues to further
build its commercial banking client base in Los Angeles' diverse and
vibrant markets."

Stephen H. Gordon, Chief Executive Officer and President of Opus Bank,
commented, "Opus has always maintained a strong commitment to Los
Angeles County, the second most populous county in the U.S., through a
dedicated team of bankers with approximately $1.4 billion of
relationship-based client deposits and $2.4 billion of loans originated.
We are pleased with the successes we are experiencing in our efforts to
strengthen and expand our Commercial Banking team in the greater Los
Angeles metropolitan market with the recent additions of new bankers and
offices in Downtown Los Angeles, the Inland Empire, and in the San
Fernando, San Gabriel, and Santa Clarita Valleys."

Mr. Milik joins Opus most recently from First Citizens Bank ("First
Citizens"), where from 2013 he served as Senior Vice President, Area
Manager of Commercial Banking and earned First Citizens' Top Commercial
Banking Manager Award in each of the last four years. While at First
Citizens, Mr. Milik was responsible for managing and growing a portfolio
of business and commercial clients and professional services firms in
the Los Angeles metropolitan market. Earlier at First Citizens, Mr.
Milik served as Vice President, Commercial Lender and focused on
commercial real estate, C&I, and SBA lending opportunities and
developing depository client relationships, earning First Citizens' Top
Lender Award in 2011 and 2012. Mr. Milik joined First Citizens in 2006
and initially served as Vice President, Financial Sales Manager focused
on developing treasury management, business banking, and commercial
client relationships. From 2005 to 2006, Mr. Milik served as Vice
President, Sales Development Consultant with Wells Fargo Bank, where he
led the management training program for the bank's Store Managers. Mr.
Milik began his banking career with Wells Fargo in 2001, serving as a
Business Banking Specialist and later as Assistant Vice President,
Branch Manager. Mr. Milik's community involvement includes his service
as Chief Fundraising Officer for Holy Resurrection Church, event
organizer and volunteer for Habitat for Humanity, and volunteer work
with the City of Hope and St. Johns Youth Club. Mr. Milik holds a
Bachelor of Science in Business Administration from the California
Polytechnic University in Pomona, California.

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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