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Opus Bank Expands Technology Banking Team

April 30, 2014, 07:06 AM

Opus Bank announced that Doug Stewart has joined Opus Bank as Managing Director – Technology Banking. Stewart, a 25 -year banking veteran, is focused on expanding Opus’ Technology Banking client base.

Kevin McBride, Senior Managing Director, Technology Banking, commented, “We are pleased to welcome Doug as he joins Opus and contributes to the success of our Technology Banking division. Doug is a highly regarded banking veteran with tremendous depth of experience and consistent history of success in banking West Coast-based technology companies. He has a deep understanding of the technology sector and has developed a unique expertise in structuring and delivering financial solutions to venture-backed and public middle-market technology companies that focus on Intellectual Property (IP), software, hardware, and IT services.”

Stewart joins Opus most recently from City National Bank where he served as Senior Vice President, Commercial Banking Services Group in the San Jose/Silicon Valley market and focused on structuring and providing debt capital funding to middle market companies. From 2000 to 2010, Stewart served as First Vice President for Comerica Bank. From 1989 to 2000, he served as Vice President for Bank of the West providing depository and lending products, services, and solutions to middle-market companies and their principals.

Opus Bank is an FDIC insured California-chartered commercial bank with over $4.0 billion of total assets, $3.2 billion of total loans, and $3.0 billion in total deposits as of March 31, 2014.

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