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Citizens Financial Group in Providence, R.I., has formed a health care banking group for Massachusetts, Connecticut and Rhode Island, according to a news report.
March 20 -
Executives at Heritage Commerce and Pacific Continental on the West Coast and Texas Capital Bancshares are catering to niche customers and building market share close to home instead of taking grand steps to expand.
May 8 -
Stimulus spending and Obamacare are making health care a viable way for banks to diversify their loan portfolios.
January 25 -
Opus Bank in Irvine, Calif., has agreed to buy four branches from Zions Bancorp.'s (ZION) California subsidiary.
May 1 -
Opus Bank in Irvine, Calif., has reshuffled its mix of branch office locations, as it enters Arizona and expands in the greater Los Angeles and Seattle areas.
January 25
Opus Bank in Irvine, Calif., is getting into health care.
The $3 billion-asset bank said Tuesday it has formed a unit within its commercial banking division that will lend money to physicians, dentists, veterinarians and ophthalmologists for practice deals, equipment financing and other capital needs.
More banks are focusing on health care as they compete for specialty loans and niche customers.
Opus also said it has named Evan Barker senior managing director of health care banking. Barker joins Opus from Sunwest Bank in Tustin, where he managed the health care division for nearly three years after serving in similar positions with Partners Bank of California in Mission Viejo and Pacific Mercantile Bank (PMBC) in Costa Mesa.
"The health care sector continues to undergo significant transition, and health care professionals are constantly having to adapt in order to compete," Stephen Gordon, Opus' chief executive, said in a press release. "Opus Bank is keenly committed to backing those health care professionals, practices and businesses looking for a financial partner who understands their business and related challenges."
Gordon called Barker "a highly regarded banking veteran with a consistent history of success banking health care practices and their physician-owners up and down the West Coast."
Opus has 52 branches throughout California and Washington's Puget Sound region. The company said recently it would
