Opus Bank Acquires RMG Capital Corporation and Fullerton Community Bank

Opus Bank has completed the acquisition of RMG Capital Corporation in October of this year in accordance with the company’s Agreement and Plan of Reorganization.

RMG’s bank subsidiary, Fullerton Community Bank FSB has merged with Opus Bank which was the surviving institution.

I am proud of the tremendous efforts of all involved parties to bring these two great institutions together and equally excited to welcome Fullerton’s clients to Opus Bank.”- Stephen H. Gordon Chairman/President/Chief Executive Officer Opus Bank

I look forward to the Fullerton banking team, including Tom Meyer, former Chairman of RMG and former Chairman and CEO of Fullerton, who joins Opus Bank as President of the Orange County Region and Senior Managing Director, Commercial Business Banking for Opus Bank’s Orange County and Los Angeles County Regions, contributing to the success of Opus Bank and that of its clients,” he added.

The bank’s management has expressed the institution’s commitment to deliver the same high-quality and relationship-based community banking experience that both banks have nurtured through the years.

The merger is expected to put in place a strong, super-community bank with formidable presence in all the major metropolitan areas up and down the West Coast.

With one of the highest capital ratios in the Western region, 37 banking offices, and its strong reputation for focusing on Commercial Business, Income Property, Residential Real Estate, Retail, and Private Relationship Banking, Opus Bank is well positioned to partner with those small and mid-sized commercial businesses, entrepreneurs, real estate investors, high-net-worth individuals, professionals, and consumers who share our vision to expand and grow,” Gordon stated.


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