Opus Community Foundation Announces Four Grant Awards to Charitable Organizations in Washington

EVERETT, Wash.--(BUSINESS WIRE)--Opus Bank (the “Bank”) and Opus Community Foundation (the “Foundation”) announced today the Foundation’s approval of four grant awards to charitable organizations that the Bank and Foundation believe will have an immediate and long lasting impact on efforts to rebuild and strengthen our communities. The initiatives receiving the Foundation’s financial support create enrichment and advancement opportunities that directly improve the lives of individuals and families in the communities Opus Bank serves.

“It is particularly gratifying that these grant recipients were selected by our team members based on their personal interaction with, support of, and commitment to these organizations.”

Debbie McLeod, Executive Vice President, Retail Banking of Opus Bank, stated, “The programs and organizations we are supporting with these grants address some of most compelling challenges confronting disadvantaged children and families, filling basic needs and supporting educational and personal growth. The grants are indicative of our continuing commitment to the organizations that are creating positive change in the lives of families living in the Seattle/Puget Sound region of Washington.” McLeod added, “It is particularly gratifying that these grant recipients were selected by our team members based on their personal interaction with, support of, and commitment to these organizations.”

The Foundation has awarded grants to nonprofit organizations in Washington that focus on community health issues, education, or the arts. These groups include:

Boys and Girls Club of Gig Harbor received a grant to support its afterschool programs, which provide the support, resources, and guidance that allow children aged 6 to 19 to develop their self-confidence and reach their full potential in academics and the arts.

Brigid Collins Family Support Center received a grant to support its parenting programs, which are designed to break the cycle of child abuse by helping improve parents’ relationships with their children and decreasing stress within the family.

Center for Human Services received a grant to support its afterschool programs, which develop and strengthen the skills and habits that support the academic success and positive social development of disadvantage youth living in Shoreline.

Eastside Baby Corner received a grant to support its programs, through which it acquires and distributes the essential needs of infants and children to low-income families living in eastern King County.

Opus Community Foundation

The Foundation is a private 501(c)(3) organization established by Opus Bank on September 30, 2010. The Foundation targets its philanthropic efforts in the areas of affordable housing, community development, education, financial literacy, community health issues, and the arts. The Foundation’s goal is to stimulate economic change, promote reinvestment, inspire philanthropy, and strengthen the communities around us. For additional information about the Opus Community Foundation, please visit www.opuscf.org.

About Opus Bank

Opus Bank is an FDIC insured California-chartered commercial bank with $2.9 billion of total assets, $2.2 billion of total loans, and $2.0 billion in total deposits, as of December 31, 2012. Opus Bank provides high-value, relationship-based banking products and exceptional service to its clients comprised of small and mid-sized commercial businesses, entrepreneurs, real estate investors, professionals, and consumers. Opus Bank offers a wide range of loan products, including commercial and industrial, commercial real estate, multifamily residential, conforming and jumbo single-family residential, and consumer loans; and is a Small Business Administration (“SBA”) Preferred Lender. Opus Bank operates 54 banking offices, including 32 banking offices in California and 22 in the Seattle/Puget Sound region in Washington. For additional information about Opus Bank, please visit our website: www.opusbank.com.