Opus Bank announced that Thomas A. Hill has joined Opus as Senior Managing Director, Commercial Business Banking – Los Angeles. Hill, a 20-year banking and finance veteran, is responsible for expanding Opus’ commercial and corporate client base, as well as leading, managing, and growing the presence and impact of Opus’ Commercial Business Banking division in the Los Angeles market.
Michael Allison, Co-President of Opus and President of the Commercial Bank, commented, “We are pleased that Tom has joined Opus to lead the Commercial Business Banking team in Los Angeles. He is a highly regarded and experienced banker who shares Opus’ approach to relationship-based commercial banking, where bankers are viewed as trusted advisors and committed to delivering tailored loan, depository, and treasury/cash management products, services and solutions to those businesses and entrepreneurs with the vision and ability to expand and grow.” Allison added, “We anticipate that Tom’s significant commercial banking experience and considerable success in the Los Angeles market will add to the tremendous success Opus has already achieved having funded over $1.0 billion of loans in the County of Los Angeles in just the past two years.”
Hill joins Opus Bank most recently from East West Bank where he served since 2011 as First Vice President, Senior Relationship Manager - Team Lead in their middle market group. While at East West Bank, he focused on building client relationships with and providing financial solutions to companies in the apparel, manufacturing, distribution, and trade sectors. From 2007 to 2011, Hill served as Vice President at Union Bank where he was responsible for developing and expanding client relationships with middle market businesses and corporations in the aerospace, apparel, defense, and manufacturing sectors.
From 2006 to 2007, Hill served as Vice President – Structured Finance at City National Bank where he was responsible for building and managing a portfolio of middle market and corporate clients with significant import/export activities. From 2000 to 2006, he served with Trade Finance Associates, most recently as Partner in the Los Angeles County market where he structured and implemented trade finance, senior debt financing, mezzanine financing, and equity investment solutions for companies in the aerospace, manufacturing, telecom, and transportation sectors.
Opus Bank is an FDIC insured California-chartered commercial bank with over $4.3 billion of total assets, $3.4 billion of total loans, and $3.2 billion in total deposits as of June 30, 2014. Opus Bank provides high-value, relationship-based banking products, services, and solutions to its clients through its Retail Bank, Commercial Bank, Merchant Bank, and Correspondent Bank.