IRVINE, Calif.--(BUSINESS WIRE)--In the boilerplate for Opus Bank, the date in the first sentence should read: September 30, 2016 (instead of June 30, 2016).
The corrected release reads:
OPUS BANK NAMES GEOFF ANFUSO SENIOR VICE PRESIDENT, HEAD OF COMMERCIAL AND SPECIALTY BANKING
Opus Bank (“Opus”) (NASDAQ: OPB) announced today that Geoff Anfuso, Senior Managing Director - Institutional Syndications, has been appointed to the newly created role of Senior Vice President, Head of Commercial and Specialty Banking. Mr. Anfuso is a 13-year commercial banking veteran who started his career in commercial finance and joined Opus in May 2013. In his new role, Mr. Anfuso’s areas of oversight will include Opus’ C&I focused Commercial and Specialty Banking divisions.
Stephen H. Gordon, Founding Chairman, Chief Executive Officer, and President of Opus Bank, stated, “Since joining Opus in May of 2013, Geoff has very successfully launched and run the Institutional Syndication business at Opus and his strong credit discipline has consistently provided strong results. As we continue to enhance our credit oversight, Geoff's deep and broad expertise and experience in commercial banking and commercial finance in senior credit underwriting and structuring, portfolio management, and business development/relationship management roles, combined with his respected leadership capability will ensure his great success in this important role.”
Mr. Anfuso joined Opus from Wells Fargo Bank, where he served from 2010 to 2013 as Senior Vice President – Team Lead, Commercial Banking Group and was responsible for structuring credit facilities for working capital, acquisitions, equipment, and real estate transactions and the business development efforts of his team. Earlier at Wells Fargo, Mr. Anfuso served as Senior Vice President, Underwriting Manager within the Specialty Finance group. Mr. Anfuso began his career in 2001 as a consultant with PricewaterhouseCoopers, L.L.P.(“PwC”) and FTI Consulting, Inc. subsequent to its acquisition of PwC’s U.S.-based restructuring business in 2002. Mr. Anfuso holds a Bachelor of Science in Business Administration from the University of Southern California.
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About Opus Bank
Opus Bank is an FDIC-insured California-chartered commercial bank with $7.7 billion of total assets, $6.3 billion of total loans and $6.5 billion in total deposits, as of September 30, 2016. Opus Bank provides superior ideas and solutions, and banking products 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, 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. Opus Bank’s subsidiary, PENSCO Trust Company, is a leading tech-enabled alternative asset IRA custodian with over $12 billion of custodial assets and over 48,000 client accounts, which are comprised of self-directed investors, financial institutions, capital raisers, and financial advisors. Opus Bank operates 56 banking offices, including 32 in California, 21 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.
