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Kroll assigns ratings to Opus Bank

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Kroll assigns ratings to Opus Bank

Kroll Bond Rating Agency on April 5 assigned several ratingsto Irvine, Calif.-based OpusBank, including a deposit rating of A- and a short-term depositrating of K2.

The rating agency also assigned a senior unsecured debtrating of A-, a subordinated debt rating of BBB+ and a short-term debt ratingof K2 to the company. Kroll gave a stable outlook on all the company'slong-term ratings.

According to Kroll, among the factors that support itsratings were Opus' superior asset quality metrics and diversified businesslines, which contribute to its strong credit culture, as well as the company'sexperienced management team.