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Opus Bank Expands Its Southern California Commercial Banking Team

March 20, 2018, 07:25 AM

Opus Bank announced that Adam Russell has joined Opus as Senior Managing Director – Commercial Banking. Russell, a 30-year banking veteran, is responsible for expanding Opus’ commercial and corporate client base in Southern California’s Inland Empire.

Jim Haney, Executive Vice President, Head of Commercial Banking, stated, “We are pleased that Adam has joined Opus to expand our Southern California Commercial Banking coverage into the dynamic Inland Empire market. Adam is a uniquely experienced banker deeply connected to the region through his 30 years in banking, his board service, and as an educator.” Mr. Haney added, “We anticipate that Adam’s years of experience and considerable success providing debt financing and treasury management solutions to mid-sized businesses and middle market corporations in the Inland Empire will be impactful, as Opus Bank continues to grow its market presence and relationship-based commercial banking franchise.”

Russell joins Opus Bank most recently from Community Bank headquartered in Pasadena, where he served as First Vice President, Team Leader and Relationship Manager since 2016. While at Community Bank, Russell was responsible for managing and growing a portfolio of middle market commercial clients in the Inland Empire. From 2013 to 2016, Russell served as Vice President, Business Development at City National Bank, where he focused on Commercial and Industrial Lending in the Inland Empire market.

From 2011 to 2013, Russell served as Senior Vice President, Regional Commercial Banking Manager for Wedbush Bank, where he was responsible for launching and growing the commercial banking loan production office in the Inland Empire. From 2005 to 2011, Russell served as Market President at Mutual of Omaha Bank, where he established and led the bank’s commercial banking office in the Inland Empire. From 1997 to 2005, Russell served as Vice President, Commercial Banking at California Federal Bank, and Citibank, subsequent to its purchase of CalFed in 2002.

Russell began his career in 1988 with Bank of America. Russell currently serves as Vice Chairman of the Board of Directors of Enterprise Funding Corp., a Redlands, California-based Certified Development Company for the U. S. Small Business Administration, as well as Chair of the Business Alliance at California State University, San Bernardino. Additionally, Russell has served as an Adjunct Professor of Finance at California State University, San Bernardino since 2012. Mr. Russell holds a B.A. from the University of California, Los Angeles and an M.B.A. from the University of Southern California.

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