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Overview / Commentary
19900 MacArthur Blvd
Irvine, CA 92612

Opus Bank is a California-based bank that offers personal and business banking, treasury management, income property banking, and home loans. In keeping with its community-driven focus, the bank publicly announces capital funding amounts it intends to allocate to businesses in the region.

Opus Bank’s personal banking products give consumers a way to save and are offered in the form of checking, savings, money market, and CD accounts. Personal credit cards are also available to help facilitate credit building and cash back rewards. Checking account options come with a monthly service charge, which can be avoided by fulfilling certain account requirements. Opus Bank savings and money market accounts function in much the same way, offering increased levels of interest based on how much is in a given account. Certificates of deposit (CDs) are fixed rate accounts and available in term lengths from 1 to 60 months. The bank also features retirement, health, and education savings accounts that provide more customized set of features for qualifying customers.

Opus Bank online banking provides a web-based platform for customers to view their account activity, make transfers between Opus Bank accounts, pay bills, and set various alerts. Mobile banking apps are also available and make it easy and convenient for customers to manage their accounts via smartphones while on the run. Opus Bank is part of a network of tens of thousands of ATMs that provide account holders with fee free access to their funds.

Opus Bank was initially organized as the Peninsula National Bank in 1993. It changed its institution name with the FDIC to an insured commercial bank in 2010, before moving its headquarters to Irvine, California, just outside of Los Angeles, in 2011. The bank serves its customers through multiple branches located in and around the Los Angeles area.

Online Banking

I was with Cascade Bank in WA which was bought by Opus.  I have Checking, Savings, and mortgage there.  No real complaints until they "updated" the online banking.  Now there is no record of my account transactions before the 15th of June, so I can't tell what has been deposited (I work 4 different jobs).  The one deposit they do show is for the wrong amount (124.00 instead of 124.75).  I know, it's not much, but it shakes my confidence.  When I tried their phone number, no matter which menu item I picked it just routed me back to the main menu.  If I could move my mortgage somewhere else I would, but terms of contract says I have to have an account at Cascade.  Now I'm worried I'll get hit with monthly fees like others have mentioned. 

No More Opus Bank For Me

I am a Fullerton Community bank customer that was very happy with my totally free checking account.  I loved the level of service and that it was a small community bank.  It was bought by Opus.  My totally free checking account now costs 9 dollars a month not to mention all the other fees.  They now deduct the maximum amount they can from my acct when getting gas and they don't clear the hold for 72 hours even though the real charge has been recorded.  I called my local branch's  phone number only to be routed to a customer service line located in Washington state.  While the CSA was professional she claimed the hold was the fault of the gas station.  Hmmmm I don't think so since I have been getting gas there for 5 years and this is the first time there has ever been a hold on 126.00.  I can not afford a $126 72 hour hold every time I pump gas.  I guess it is time to find a new bank.

Which Bank Do You Work For, CAG?

CAG, your sad and transparent attempt to disparage an obvious threat to your institution is an embarrassment.  Please try to elevate the level of the conversation.

Nothing But Problems Since They Took Over

I have had nothing but problems since Opus Bank took over Cascade.  I loved Cascade   But Opus bank has been nothing but trash.  I've read all of their material and I'm quite familiar with their policies.  They've messed up my checking account numerous times, they've wiped out my savings account and had the audacity to charge me fees for THEIR mistakes which they admitted to!  They apologized for their mistakes and then turned around and charged me fees for their mistakes!  

Honestly, if you have the option, I would definitely NOT recommend banking here!  They are almost worse than Bank of America!  I shouldn't have to watch my accounts like a hawk just to make sure that they are not messing anything up.  I don't feel safe with my money here anymore!  It's a really horrible feeling.  I'm sick to give them a 1 star rating!



Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Opus Bank had $16.26 million in non-current loans and owned real-estate with $700.32 million in equity and loan loss allowances on hand to cover it. This gives Opus Bank a Texas Ratio of 2.32% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Opus Bank decreased dramatically from 7.70% as of March 31, 2013 to 2.32% as of March 31, 2014, resulting in a positive change of 69.87%.This indicates that the balance sheet and financial strength for Opus Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, Opus Bank has increased its total deposits by $871.63 million, resulting in 41.33% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Opus Bank has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Opus Bank has $4.04 billion in assets with $700.32 million in equity, resulting in a capitalization level of 17.35%, which is excellent.

Institution Statistics

FDIC Certificate #33806
Year Established1993
Primary RegulatorFDIC
Assets and Liabilities
Assets$4.04 billion
Loans$3.16 billion
Deposits$2.98 billion
Equity Capital$683.11 million
Loan Loss Allowance$17.21 million
Unbacked Noncurrent Loans$6.11 million
Real Estate Owned$10.15 million
Historic Data - March 2013
Assets$3.00 billion
Equity Capital$536.32 million
Loan Loss Allowance$16.57 million
Unbacked Noncurrent Loans$6.11 million
Real Estate Owned$5.00 million
Profit Margin - Quarterly
Net Interest Margin4.76%
Return on Assets1.36%
Return on Equity7.85%
Interest Income$44.15 million

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Opus Bank Savings Account Rates

0.15%$10k-Health Savings Account
0.10%--Personal Savings
0.10%--Business Savings

Opus Bank Money Market Rates

0.50%$250k-Aria Personal Money Market Special
0.40%$1m-Aria Business Money Market Special

Opus Bank Checking Account Rates

0.15%$100k-Business Interest Checking
0.15%$100k-Personal Interest Checking

Opus Bank CD Rates

1.40%$10k-60 Month CD
1.05%$10k-48 Month CD
1.00%$10k-36 Month CD
0.75%$10k-24 Month CD
0.70%$10k-15 Month BUMP CD Special
0.60%$10k-12 Month CD
0.45%$10k-6 Month CD
0.20%$1k-3 Month CD
0.10%$1k-1 Month CD

Opus Bank IRA Rates

1.40%$10k-60 Month IRA
1.05%$10k-48 Month IRA
1.00%$10k-36 Month IRA
0.75%$10k-24 Month IRA
0.70%$10k-15 Month BUMP IRA Special
0.60%$10k-12 Month IRA
0.45%$10k-6 Month IRA
0.20%$1k-3 Month IRA
0.10%$1k-1 Month IRA

Opus Bank has 54 locations. Click to view all Opus Bank locations.