Opus Bank named official bank of the Pac-12
SAN FRANCISCO– The Pac-12 announced today that Opus Bank (“Opus”) (NASDAQ: OPB) is the official bank of the Pac-12 Conference. The Irvine, California based financial institution will also be the official bank sponsor for all Pac-12 Championships and will have a significant on-air and online presence across much of Pac-12 Networks’ linear and digital programming.
“We are extremely pleased to partner with Opus Bank and look forward to a great relationship. Opus is an outstanding financial institution whose banking presence and commitment to community and excellence matches that of the Pac-12,” said Pac-12 Networks Executive Vice President of Integrated Marketing and Sales, Neil Davis.
Stephen H. Gordon, Founding Chairman, Chief Executive Officer, and President of Opus Bank, stated, “We are thrilled to partner with the Pac-12 Conference and the Pac-12 Networks. As the Official Bank of the Pac-12, the premier athletic conference in the West, we’re pleased the Pac-12 selected Opus to manage its full financial and depository banking relationship.” Gordon added, “The PAC-12 has its strong university and student presence and loyal fan and alumni base in each of our major metropolitan markets up and down the West Coast. As such, we’re excited by the opportunity to bridge academics, athletics, community and business in all the markets Opus serves.”
As part of a multi-year sponsorship agreement, Opus Bank will benefit from a robust partnership that includes fully integrated sponsor presence at the Pac-12 Football Championship Game, the men’s and women’s basketball tournaments, and the men’s and women’s cross country, swimming and diving, tennis, golf, track and field, and rowing championships. Opus will also have additional presence and sponsor integration at the Pac-12 men’s wrestling, women’s gymnastics and women’s beach volleyball championship events.
Across the combination of Pac-12 Networks’ TV, digital and social platforms, Opus will be the presenting sponsor of the “#12 Best” franchise, Pac-12 Football Game Day (on select Saturdays), Gymnastics Meet of the Week, the Baseball Game of the Week.
About the Pac-12 Conference
Built on a foundation of academic excellence and superior athletic performance, the Pac-12 Conference is the most successful college sports league in the United States. The Pac-12 has won 488 national championships, more than any other conference, upholding its tradition as the “Conference of Champions”®. The Pac-12 is comprised of 12 prestigious member universities in the western United States, including the University of Arizona, Arizona State University, the University of California-Berkeley, the University of Colorado, the University of Oregon, Oregon State University, Stanford University, the University of California at Los Angeles (UCLA), the University of Southern California (USC), the University of Utah, the University of Washington, and Washington State University. More info can be found at www.pac-12.com.
About Pac-12 Networks
Headquartered in San Francisco’s SOMA district, Pac-12 Networks is the new content and multiplatform media company for the Pac-12 Conference, a leader in collegiate athletics that includes 12 of the most prestigious universities in the world. Pac-12 Networks was created in 2011 to develop and launch one national and six full-time native HD linear networks available to video programming operators, as well as a digital network dedicated solely to the Pac-12. The linear networks televise hundreds of live sporting events annually and provide 24/7 access to Pac-12 teams and universities. Pac-12 Digital encompasses the digital network, mobile, the university websites, social media and innovative digital initiatives across the company.
About Opus Bank
Opus Bank is an FDIC-insured California-chartered commercial bank with $7.5 billion of total assets, $6.1 billion of total loans and $6.2 billion in total deposits, as of June 30, 2016. Opus Bank provides superior ideas and solutions, and banking products to its clients through its Retail Bank, Commercial Bank, Merchant Bank, and Correspondent Bank. Opus Bank offers a suite of treasury and cash management and depository solutions and a wide range of loan products, including commercial, healthcare, media and entertainment, corporate finance, multifamily residential, commercial real estate, and structured finance, and is an SBA preferred lender. Opus Bank offers commercial escrow services and facilitates 1031 Exchange transactions through its Escrow and Exchange divisions. Opus Bank provides clients with financial and advisory services related to raising equity capital, targeted acquisition and divestiture strategies, general mergers and acquisitions, debt and equity financing, balance sheet restructuring, valuation, strategy, and performance improvement through its Merchant Banking Division and its broker-dealer subsidiary, Opus Financial Partners, LLC. Opus Bank’s subsidiary, PENSCO Trust Company, is a leading tech-enabled alternative asset IRA custodian with over $12 billion of custodial assets and over 48,000 client accounts, which are comprised of self-directed investors, financial institutions, capital raisers, and financial advisors. Opus Bank operates 56 banking offices, including 32 in California, 21 in the Seattle/Puget Sound region in Washington, two in the Phoenix metropolitan area of Arizona, and one in Portland, Oregon. Opus Bank is an Equal Housing Lender. For additional information about Opus Bank, please visit our website: www.opusbank.com.