Opus Bank is a California-chartered, FDIC-insured commercial bank headquartered in Irvine that focuses on serving small and mid-sized businesses, entrepreneurs, real estate investors, and consumers. The institution currently operates 30 banking offices—22 in the Seattle/Puget Sound region of Washington and eight in Southern California—and is an SBA Preferred Lender. Management has announced plans to expand its footprint with new branches in Contra Costa, Los Angeles, Orange, and San Diego counties in California, as well as King County, Washington. The bank is also pursuing inorganic growth, highlighted by its pending acquisition of Fullerton Community Bank, expected to close on October 31, 2011. This growth strategy is supported by significant backing from sophisticated financial sponsors. Although specific revenue or deposit figures were not disclosed, the scale of its branch network and its continued expansion underscore its growth trajectory and capital needs.

Total raised

$100M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2011