IRVINE, Calif.--(EON: Enhanced Online News)--Opus Bank (the “Bank”) announced today that it has opened the first of its two initial banking offices in the State of Arizona, at 10810 N. Tatum Blvd., on the Northwest corner of Tatum and Shea Boulevards in Paradise Valley/Phoenix. Additionally, Opus announced today that Melody Clines-Valdes, a 31-year banking veteran, has been appointed Retail Banking Manager for Opus’ new Arizona banking office and will additionally manage Opus’ second banking office at 6590 N. Scottsdale Road on the Northwest corner of Scottsdale Road and Lincoln, which is expected to open on December 15, 2013. Ms. Clines-Valdes joins Opus Bank most recently from Comerica Bank where she served as an Assistant Vice President, Branch Manager.
“We welcome Melody and her seasoned team of experienced bankers and wish them great success as they expand and grow our banking office presence and provide the full resources of Opus Bank to our new base of clients in Arizona.”
Paradise Valley/Phoenix, AZ:
The new Paradise Valley/Phoenix banking office opened on Monday, September 30, 2013 and is located at 10810 North Tatum Boulevard, Suite 114, Phoenix, AZ 85028, in the Paradise Valley Marketplace center on the Northwest corner of the intersection of Tatum and Shea Boulevards. Other businesses in the center include Whole Foods Market, Trader Joe’s, 1st Class Foot Spa, Ashley’s Nails, Beauty Brands, Choice Pet Market, Great Things, Iron Chef, Men’s Wearhouse, Nick’s Italian Restaurant, Orange Theory Fitness, Penzey’s Spices, Platinum Cleaners, Ship Rite, Which Wich Superior Sandwiches, and Verizon Wireless.
Stephen H. Gordon, Chairman, CEO & President of Opus Bank, stated, “As the fastest growing bank in the Western region and a long-time former Valley resident, Opus and I are excited to roll out our financial commitment to the Phoenix/Scottsdale/Paradise Valley metro communities, which will immediately focus on providing tailored, relationship-based banking products, services, and solutions to those entrepreneurs, businesses, real estate investors, and professionals who share our vision to expand and grow. I am proud to announce that this commitment is already well underway as Opus Bank has recently provided debt financing to three Arizona-based healthcare companies/providers and an income property real estate investor for the acquisition and refinance of two multifamily/apartment properties in Glendale and Peoria. These five transactions collectively total approximately $20 million in capital funding.” Gordon concluded, “We welcome Melody and her seasoned team of experienced bankers and wish them great success as they expand and grow our banking office presence and provide the full resources of Opus Bank to our new base of clients in Arizona.”
About Opus Bank
Opus Bank is an FDIC insured California-chartered commercial bank with $3.2 billion of total assets, $2.4 billion of total loans, and $2.3 billion in total deposits, as of June 30, 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, SBA, commercial real estate, multifamily residential, conforming and jumbo single-family residential loans; and is an Equal Housing Lender. Opus Bank operates 59 banking offices, including one 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.