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Opus Bank Announces Expansion of Its Southern California Commercial Business Banking Team

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Opus Bank (“Opus”) (Nasdaq: OPB) announced today that Thomas A. Hill has joined Opus as Senior Managing Director, Commercial Business Banking – Los Angeles. Mr. Hill, a 20-year banking and finance veteran, is responsible for expanding Opus’ commercial and corporate client base, as well as leading, managing, and growing the presence and impact of Opus’ Commercial Business Banking division in the Los Angeles market.

Michael Allison, Co-President of Opus and President of the Commercial Bank, commented, “We are pleased that Tom has joined Opus to lead the Commercial Business Banking team in Los Angeles. He is a highly regarded and experienced banker who shares Opus’ approach to relationship-based commercial banking, where bankers are viewed as trusted advisors and committed to delivering tailored loan, depository, and treasury/cash management products, services and solutions to those businesses and entrepreneurs with the vision and ability to expand and grow.” Allison added, “We anticipate that Tom’s significant commercial banking experience and considerable success in the Los Angeles market will add to the tremendous success Opus has already achieved having funded over $1.0 billion of loans in the County of Los Angeles in just the past two years.”

Mr. Hill joins Opus Bank most recently from East West Bank where he served since 2011 as First Vice President, Senior Relationship Manager – Team Lead in their middle market group. While at East West Bank, Mr. Hill focused on building client relationships with and providing financial solutions to companies in the apparel, manufacturing, distribution, and trade sectors. From 2007 to 2011, Mr. Hill served as Vice President at Union Bank where he was responsible for developing and expanding client relationships with middle market businesses and corporations in the aerospace, apparel, defense, and manufacturing sectors. From 2006 to 2007, Mr. Hill served as Vice President – Structured Finance at City National Bank where he was responsible for building and managing a portfolio of middle market and corporate clients with significant import/export activities. From 2000 to 2006, Mr. Hill served with Trade Finance Associates, most recently as Partner in the Los Angeles County market where he structured and implemented trade finance, senior debt financing, mezzanine financing, and equity investment solutions for companies in the aerospace, manufacturing, telecom, and transportation sectors. Mr. Hill began his banking and finance career in 1994 with Thales, Inc. where he structured leasing and financing packages for government and commercial clients in the aerospace, telecom, and air traffic management sectors. Mr. Hill holds Bachelors’ of Arts degrees in Economics and Political Science from the University of Maryland and Masters’ of Science degrees in Business and Finance from Johns Hopkins University.

About Opus Bank

Opus Bank is an FDIC insured California-chartered commercial bank with over $4.3 billion of total assets, $3.4 billion of total loans, and $3.2 billion in total deposits as of June 30, 2014. Opus Bank provides high-value, relationship-based banking products, services, and solutions to its clients through its Retail Bank, Commercial Bank, Merchant Bank, and Correspondent Bank. Opus Bank offers a suite of treasury and cash management and depository solutions and a wide range of loan products, including commercial business, healthcare, technology, multifamily residential, commercial real estate, and structured finance, and is an SBA preferred lender. Opus Bank is an Equal Housing Lender. Opus Bank operates 60 banking offices, including two in the Phoenix metropolitan area of Arizona, 34 in California and 24 in the Seattle/Puget Sound region in Washington. For additional information about Opus Bank, please visit our website: www.opusbank.com. To learn more about how Opus Bank is backing businesses, please visit: www.opusbank.com/spotlight.

Forward-Looking Statements

This press release contains “forward-looking statements.” These forward-looking statements include information, which is subject to change and subject to risks, uncertainties and assumptions. 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 Bank 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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