Opus Bank Further Expands Its Los Angeles Commercial Banking Team

Tricia Landry Joins as Managing Director, Senior Client Manager - Commercial Banking, Los Angeles Region

IRVINE, Calif.--(BUSINESS WIRE)-- Opus Bank (“Opus”) (NASDAQ: OPB) announced today the expansion of its Los Angeles Region Commercial Banking team with the hire of Tricia Landry, a 19-year banking and finance veteran, joining as Managing Director, Senior Client Manager, Commercial Banking, Los Angeles Region. Ms. Landry is focused on expanding Opus’ commercial and corporate client base in the Los Angeles metropolitan region.

Michael Allison, Co-President of Opus Bank and President of Opus’ Commercial Bank, stated, “We are pleased to have Tricia join Opus Bank’s Los Angeles Region Commercial Banking team.” Mr. Allison added, “We anticipate that her deep roots in the Los Angeles market and years of experience and success providing financing solutions, underwriting, portfolio management, and advisory services to middle market businesses, as well as her own considerable entrepreneurial success, will be immediately beneficial to Opus’ clients in the Los Angeles region.”

Ms. Landry joins Opus most recently from Citigroup where she served as Senior Vice President, Senior Relationship Manager and was responsible for establishing and building client relationships with middle market corporations with up to $5 billion in total revenue. From 2008 to 2012, Ms. Landry served as Senior Vice President and Senior Relationship Manager at Wells Fargo Bank, where she was responsible for expanding client relationships with middle market corporations and originating working capital facilities and asset based loans. From 2003 to 2007, Ms. Landry served as Chief Financial Officer for Commerce Clothing Company and Diversified Apparel Resources, a $100 million branded and private label international apparel start-up. From 2001 to 2003, Ms. Landry served as International Trade Business Development Officer at Wells Fargo HSBC Trade Bank, where she obtained and closed credit and non-credit international commercial banking relationships for both private and public companies. From 1997 to 2001, Ms. Landry served as Commercial Banking Relationship Manager at Bank One and founded Bank One’s Institutional Banking Group in the Wisconsin region. Ms. Landry serves on the Advisory Board of the Network for Teaching Entrepreneurship. Ms. Landry holds Bachelor of Science degrees in Economics and Agricultural Business Management from the University of Wisconsin – Madison.

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 over 45,000 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.

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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View source version on businesswire.com: http://www.businesswire.com/news/home/20160427005398/en/

Opus Bank
Mr. Jeff L. Leonard, 949-251-8146
SVP, Director of Corporate Strategy/Communications

Source: Opus Bank

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