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Opus Bank Announces Its Initial Expansion into Oregon and Further Expansion of Its Seattle/Puget Sound Commercial Business Banking Team

March 1, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- Opus Bank ("Opus" or the "Bank") announced that William ("Bill") G. Jones and Rachel Thacker have joined Opus Bank, each as Director, Client Manager - Commercial Business Banking - Pacific Northwest Region. Mr. Jones, a 35-year banking veteran, is Opus' first commercial banker in Oregon and is responsible for expanding Opus' commercial and corporate client base in the Portland, Oregon region. Ms. Thacker, a 10-year banking veteran, is focused on expanding Opus' commercial and corporate client base in the Seattle/Puget Sound region.

Grant Word, Senior Managing Director, Head of Commercial Business Banking - Pacific Northwest Region, commented, "As a 20-year commercial banking veteran in the Pacific Northwest, particularly the Portland market and Seattle/Puget Sound region, I understand the value that seasoned, experienced, and deeply rooted bankers can provide their clients in these distinct markets. I look forward to expanding Opus' impact in the region with the additions of Bill and Rachel, as they provide relationship-based commercial business banking and treasury management products, services, and solutions to Opus' commercial banking clients."

Mr. Jones joins Opus Bank most recently from Umpqua Bank where he served as VP, Senior Relationship Manager in the Portland Metro region. From 1999 through 2010, Mr. Jones served as VP, Senior Relationship Manager for Bank of the West in the Portland market. Earlier in his career, Mr. Jones served in similar positions with U.S. Bank, West One Bank, Bank of Nova Scotia, and Canadian Imperial Bank of Commerce, in all cases based in the Portland metropolitan area.

Ms. Thacker joins Opus Bank most recently from Bank of America, where she served as VP, Business Client Manager focused on middle market businesses in Seattle and the greater Seattle area. From 2006 to 2010, Ms. Thacker served as a Senior Business Relationship Manager with Wells Fargo Bank where she focused on small businesses and lower middle market companies in Snohomish County. Ms. Thacker started her banking career with Wells Fargo in 2004 as a Business Banking Specialist - Team Leader in the Seattle market.

Michael L. Allison, Co-President of Opus Bank, President of the Commercial Bank, stated, "We are proud to have Bill and Rachel join Opus as we continue to grow Opus' Commercial Business Banking division in the Pacific Northwest. We anticipate that their 45 years of combined experience and considerable success in the Portland and the Seattle/Puget Sound regions will have an immediate and positive impact on those entrepreneurs and business owners with a vision to expand and grow as Opus Bank continues to grow its market presence and overall relationship-based commercial banking franchise in the Pacific Northwest." About Opus Bank Opus Bank is an FDIC insured California-chartered commercial bank with over $3.7 billion of total assets, $2.9 billion of total loans, and $2.7 billion in total deposits as of December 31, 2013. Opus Bank provides high-value, relationship-based banking products, services, and solutions to its clients comprised of small and mid-sized commercial businesses, entrepreneurs, real estate investors, professionals, and consumers. Opus Bank offers a robust suite of treasury and cash management and depository solutions, and a wide range of loan products, including commercial and industrial, commercial real estate, multifamily residential, conforming and jumbo single-family residential, 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 banking offices 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.

Keywords for this news article include: Opus Bank, Real Estate, Banking and Finance, Finance and Investment, Investment and Finance.

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Source: Investment Weekly News


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