IRVINE, Calif.--(BUSINESS WIRE)--Opus Bank (“Opus”) (Nasdaq: OPB) announced today that Robert Affleck has joined Opus as Managing Director of Healthcare Banking. Mr. Affleck, a 27-year healthcare banking veteran, is responsible for providing capital financing and banking solutions to dental, medical, veterinary, and ophthalmology healthcare professionals for practice acquisitions and expansions, partner buy-ins and buy-outs, equipment financing, and debt refinancing, as well as facilities acquisitions, improvements, and relocations.
Donika Schnell, Head of Opus Bank’s Healthcare Banking division commented, “We are pleased to welcome Robert as he joins Opus’ Healthcare Banking team. Robert is a deeply experienced healthcare banker with considerable success providing strategic advice and tailored relationship-based commercial banking and treasury management products, services, and solutions to healthcare practices and their physician owners.” Ms. Schnell concluded, “We anticipate that Robert’s contributions will be immediately impactful as we continue to meaningfully grow Opus’ Healthcare Banking division with the goal of becoming the premier financial institution partner to those healthcare providers, practices, and professionals who share our vision to expand and grow.”
Michael Allison, Co-President of Opus Bank and President of Opus’ Commercial Bank added, “Robert’s decision to join Opus’ Healthcare Banking division represents a great addition to Opus. Robert has consistently been the top healthcare practice banker at various leading financial institutions over his career. We have no doubt that he will experience and achieve even greater success at Opus given our entrepreneurial culture.” Mr. Allison concluded, “We look forward to continuing to meaningfully grow our Healthcare Banking client base as we further execute on our Commercial and Specialty Banking focused niche strategy.”
Mr. Affleck joins Opus’ Healthcare Banking division from Citibank where he served as Senior Vice President and was a member of the initial team that launched Citibank’s Healthcare Practice Finance Group. From 2010 to 2013, Mr. Affleck served as Vice President, Business Development - Practice Finance at Wells Fargo. From 2000 to 2010, Mr. Affleck served as Regional Manager at Matsco Financial Corp, which was acquired by Wells Fargo as part of Wells Fargo’s acquisition of Greater Bay Bancorp in 2007. From 1998 to 2000, Mr. Affleck served as a Business Development Officer at Centaur Financial Services, a national healthcare practice finance brokerage. From 1995 to 1998, Mr. Affleck served as a Practice Management Consultant at Fortune Practice Management, where he opened the Orange County, California office and assisted healthcare professionals to grow the business side of their practices. From 1989 to 1995, Mr. Affleck served as National Sales Manager at HCG Financial where he helped launch the patient financing program.
About Opus Bank
Opus Bank is an FDIC insured California-chartered commercial bank with $6.2 billion of total assets, $5.0 billion of total loans, and $4.9 billion of total deposits as of September 30, 2015. 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 business, 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 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.
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Forward-Looking Statements
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