trending Market Intelligence /marketintelligence/en/news-insights/trending/2rpGpRcbiIX6SYTY1tOsfA2 content esgSubNav
In This List

HomeStreet Bank buying branch from Opus Bank

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks

Blog

Anticipate the Unknown A Fundamentals Approach to Detect Early Signs of Private Company Credit Deterioration


HomeStreet Bank buying branch from Opus Bank

Seattle-based HomeStreet Bank, a unit of HomeStreet Inc., is acquiring Irvine, Calif.-based Opus Bank's branch in El Cajon, Calif., including approximately $28 million in deposits held at the branch, according to a June 12 news release.

The branch deal will increase HomeStreet Bank's retail deposit branches to four in San Diego County and 16 in Southern California. The branch will operate under the Opus Bank brand until deal completion, after which it will become part of HomeStreet Bank.

As of March 31, HomeStreet Bank had assets of $6.36 billion, while Opus Bank had assets of $7.98 billion.