IRVINE, Calif.--(BUSINESS WIRE)--Opus Bank (“Opus” or the “Bank”) announced today that Bob Granfelt, Senior Vice President, Chief Credit Officer, has been promoted to Executive Vice President, Chief Credit Officer. Bob Granfelt joined Opus as a Senior Vice President, Senior Regional Credit Administrator in January 2012 and was named SVP, Chief Credit Officer in June 2013.
Stephen H. Gordon, founding Chairman, Chief Executive Officer, and President of Opus Bank, stated, “We are very proud to announce Bob being promoted to the position of Executive Vice President. Since joining Opus just over four years ago, Bob has continually shared the depth and breadth of his nearly twenty years of experience and, through his leadership, has had a significant positive impact on the credit risk culture, growth, and maturation of Opus.” Gordon concluded, “We congratulate Bob on achieving this great milestone.”
About Opus Bank
Opus Bank is an FDIC insured California-chartered commercial bank with $6.6 billion of total assets, $5.5 billion of total loans, and $5.3 billion in total deposits as of December 31, 2015. 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 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. Opus Bank operates 58 client experience centers, including 33 in California, 22 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.
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