OPBK
- OP Bancorp
()
Overview
Company Summary
OP Bancorp (OPBK) is a financial holding company that primarily operates through its subsidiary, Open Bank. Open Bank is a full-service commercial bank that offers a wide range of banking products and services to individuals and businesses.
One of the key areas of focus for OP Bancorp is providing various loan and credit services. Open Bank offers commercial real estate loans, residential mortgage loans, commercial and industrial loans, Small Business Administration (SBA) financing, and consumer loans. These loan offerings cater to the financing needs of businesses and individuals at different stages of their financial journeys.
In addition to lending services, OP Bancorp also provides a suite of deposit products, including checking accounts, savings accounts, money market accounts, and certificates of deposit. These products enable customers to securely store and manage their funds while earning competitive interest rates.
Furthermore, OP Bancorp offers a range of treasury management services to help businesses optimize their cash flow and effectively manage their financial operations. These services include remote deposit capture, online banking, wire transfer services, merchant services, and various other cash management solutions.
As a community-focused bank, OP Bancorp and its subsidiary also engage in community development activities and provide support to local businesses and organizations. They actively participate in initiatives aimed at promoting economic growth and improving the quality of life in the communities they serve.
Overall, the core business of OP Bancorp revolves around providing comprehensive banking services, loans, deposits, and treasury management solutions to individuals, small businesses, and commercial clients.