Daily News: September 12, 2013

Opus Expands Pacific Northwest Commercial Banking Team

Opus Bank announced that Grant Word joined Opus Bank as senior vice president and senior managing director, Commercial Business Banking for Opus’ Pacific Northwest Region. Word is responsible for expanding Opus’ commercial and corporate client base, as well as for leading, managing and growing the presence of Opus’ Commercial Business Banking division in the key Pacific Northwest markets.

Word, a 23-year banking veteran, joins Opus Bank most recently from US Bank, where he served as market president and commercial bank leader in the South Puget Sound region, predominantly in Pierce County, Thurston County, and southern King County.

From 2007 through 2012, Word served as president, Commercial Banking in Oregon and southwestern Washington for JP Morgan Chase, where he launched and grew Chase’s middle market business platform in the region.

From 2001 through 2008, he served in executive leadership positions in Washington Mutual’s Commercial Banking division, ultimately serving as senior vice president, Commercial Strategy.

From 1990 to 2000, Word served in senior leadership positions in Bank of America’s Private Banking and Commercial Banking divisions. Earlier in his career, Word served as a financial analyst for Tektronix of Beaverton, OR.

He holds both a bachelor’s and master’s degrees in finance from the University of Texas.

Stephen H. Gordon, founding chairman, chief executive officer, and President of Opus Bank, said, “We are proud to have Grant join Opus to lead our Commercial Business Banking division in the Pacific Northwest. We anticipate that his years of experience and considerable success providing debt financing and treasury management solutions to mid-sized businesses in the region’s distinct market areas will have an immediate and positive impact, as Opus Bank continues to grow its loan origination volumes, deposit base, market presence, and overall relationship-based commercial banking franchise.”