Opus Bank announced that Patrick J. Rounds, a 34-year banking veteran, has joined Opus as Senior Managing Director, Healthcare Banking. Rounds will be responsible for further expanding, and providing capital financing and banking solutions to Opus’ healthcare client base, in particular hospitals, skilled nursing facilities, long-term care facilities, behavioral health companies, hospice providers, medical device manufacturers, and other service providers in the healthcare industry.
Jim Haney, Executive Vice President, Head of Commercial Banking, commented, “I am pleased to welcome Patrick Rounds as he joins Opus to lead our Healthcare Banking team. Throughout his banking career, Patrick has experienced considerable success in building, growing, and leading Healthcare banking teams in the western region. I look forward to Patrick’s contributions and anticipate that he will quickly add to the team’s productivity and success as Opus continues to grow its loan origination volumes, deposit base, market presence, and overall relationship-based healthcare banking franchise.”
Stephen H. Gordon, Chief Executive Officer and President of Opus Bank, stated, “Patrick’s consultative and advisory approach mirrors Opus’ approach of partnering with our clients by providing the capital funding, tailored solutions, and strategic advice necessary to enable their long-term vision, execute their business strategy, and achieve their goals.” Mr. Gordon added, “We believe that Opus’ Healthcare Banking clients will directly benefit from Patrick’s 30-plus years of expertise and industry specific knowledge in structuring, originating, and underwriting asset-based, working capital lines of credit, bridge loans, and other senior secured financing solutions.”
Rounds joins Opus most recently from National Bank of Arizona, a division of Zions Bank, where from 2015 he served as Senior Vice President, Head of Healthcare Lending. While at National Bank of Arizona, Rounds was responsible for setting strategy and budgets, developing underwriting parameters, sourcing new business, managing the company’s SBIC equity investments, supervising all underwriting efforts, and coaching team members. From 2002 to 2015, Rounds served as Senior Vice President, Healthcare Financial Services at GE Capital, where he was responsible for negotiating and structuring healthcare-related senior debt financing in the Western U.S. While at GE Capital, Rounds also led an initiative to expand business within the healthcare information technology and managed administrative services segments.
From 1993 to 2000, Rounds served as Senior Vice President and Manager of the San Francisco office of Bank Austria Creditanstalt Corporate Finance, Inc. From 1989 to 1993, Rounds served as Senior Manager Global Corporate Banking at Royal Bank of Canada. Rounds began his banking career at Mellon Bank in 1984. Prior to beginning his banking career, he served as a Commissioned Officer in the United States Coast Guard. Rounds holds a B.A. in History from the University of California, San Diego; and a M.A. in International Relations from the Johns Hopkins University.