Opus Bank announced Debbie McLeod, executive vice president, Retail Banking Pacific Northwest region and director of Retail Strategies, will assume the additional responsibility of leading Opus’ Municipal Banking division, a new division within Opus.

Stephen H. Gordon, founding chairman, CEO and president of Opus Bank, stated, “The creation of this division is the formalization of a business line that Opus has been in since 2011. During this time, we have achieved considerable success with relationship-based liquidity and operating account deposits from local municipalities in proximity to Opus’ market presence having grown to $260 million at September 30, 2015.” Gordon continued, “We are proud to have Debbie take on the additional responsibility of leading Opus’ Municipal Banking division. She has a deep understanding of banking municipalities and has developed a unique expertise in structuring and delivering financial products, services and solutions to government entities such as counties, cities, townships, housing authorities, community colleges, school districts and other public agencies and entities.”

McLeod is a 27-year banking veteran who joined Opus from Cascade Bank, which Opus acquired in June 2011. McLeod served as Cascade’s executive vice president, Retail Banking executive for over 10 years as well as led Cascade’s relations with Western Washington municipalities. Prior to joining Cascade, McLeod served as vice president, region sales manager as well as vice president, business financial relationship manager at Bank of America.