IRVINE, Calif.--(BUSINESS WIRE)--Opus Bank (“Opus”) (NASDAQ: OPB) announced today that its banking office located within its Irvine headquarters building was awarded the International Interior Design Association’s 2016 Calibre Design Award in the small workspace category. The Opus Bank headquarters banking office serves as a model for Opus’ “Banking office of the Future”, which utilizes technology enhancements and workflow optimization, which creates greater efficiency for Opus and delivers greater benefit to Opus’ clients, through reduced and more efficient square footage and a reduced two banker FTE count. Opus developed this model to address the continuing trend in the banking industry toward reduced foot traffic.
Stephen H. Gordon, Founding Chairman, Chief Executive Officer, and President of Opus Bank, stated, “We are pleased to have collaborated with the architectural design team at Gensler Newport Beach on our new Headquarters banking office and honored to win this award for its innovative design. As a leader in the banking industry, Opus has created a more attractive, efficient, and effective banking environment within a much smaller footprint than that of a traditional banking office. The shift towards smaller and more efficient banking offices, both in square footage and staffing, is part of a larger banking industry shift, where clients continue to choose to complete more of their banking activities online.” Gordon concluded, “We as an entire industry are doing a brilliant job of discouraging clients from needing to walk into a branch. We provide online banking, mobile banking, remote deposit capture, mobile capture, and tech-driven ATMs that receive cash and scan checks. Given that the banking system as a whole is currently in the midst of a transitional period in dealing with seismic shifts in client behavior, Opus chose to forensically evaluate and embrace its own data and address the issues head on.”
Pushing the boundaries of traditional retail branches, Gensler Newport Beach designed Opus’ banking office utilizing a highly efficient 800-square-foot space, creating a unique banking experience that is truly befitting of Opus’ Headquarters banking office. The high visibility, glass enclosed space, located on the ground floor of the Newport Gateway Office Towers located at 19900 MacArthur Boulevard, Irvine, CA, also known to many as “the Opus Bank building”, incorporates an innovative and creative design with streamlined finishes, architectural lighting, and use of technology. To view a collection of photos of the award winning space, please visit https://www.opusbank.com/iida-calibre-design-award or our LinkedIn page.
The 2016 Calibre Design Awards were presented by the IIDA, Southern California Chapter in several categories including Work Large, Work Medium, Work Small, Shop & Play, and Learn & Serve. The theme of the 2016 awards was “Fresh Design. Made By Teams. Only in SoCal.” For more information on the award winners, please go to http://iida-socal.org/congratulations-to-the-2016-calibre-design-award-winners/
About Opus Bank
Opus Bank is an FDIC insured California-chartered commercial bank with $6.9 billion of total assets, $5.8 billion of total loans, and $5.2 billion in total deposits as of March 31, 2016. 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, 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’s subsidiary, PENSCO Trust Company, is a leading tech-enabled alternative asset IRA custodian with approximately $11 billion of custodial assets and 43,000 clients, which are comprised of self-directed investors, financial institutions, capital raisers, and financial advisors. 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. For additional information about Opus Bank, please visit our website: www.opusbank.com.
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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