Opus Bank Names Brian Fitzmaurice Senior EVP, Senior Chief Credit Officer

Opus Bank ("Opus" or the "Bank") (NASDAQ: OPB) announced today that Brian Fitzmaurice has joined Opus as Senior Executive Vice President, Senior Chief Credit Officer and has been appointed to Opus' Executive Committee. Mr. Fitzmaurice is a 33-year banking veteran with extensive experience in credit and risk management, including overseeing credit policy, credit administration, and special assets. Mr. Fitzmaurice joins Opus most recently from City National Bank, a subsidiary of Royal Bank of Canada ("RBC"), where he served as Executive Vice President and Chief Credit Officer since February 2006.

Stephen H. Gordon, founding Chairman, Chief Executive Officer, and President of Opus Bank, stated, "We are excited to welcome Brian to Opus as Senior Chief Credit Officer and member of our senior executive team. Given Brian's disciplined credit risk management background and experience at some of the nation's leading financial institutions, and in many of the same lines of business as Opus, including commercial and multifamily real estate and Commercial and Specialty Banking, I look forward to partnering with Brian and to the addition of his leadership on the credit side of the house." Gordon added, "In combination with the recently announced addition of new senior talent and the promotions of key Opus executives, we anticipate that Brian will immediately have a positive impact on the credit risk management culture, as well as the continuing growth and maturation of Opus."

Brian Fitzmaurice, Senior Executive Vice President, Senior Chief Credit Officer, commented, "Having held Opus Bank in high regard since its founding, I am thrilled to bring my experience to bear at this stage in its development. I look forward to working to create and build value for our shareholders." Fitzmaurice continued, "I am confident that together we will continue to leverage and extend the Opus Bank mission to financially support those companies and real estate investors with a vision to expand and grow in our attractive West Coast metro markets."

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