OP Bancorp, the holding company for Open Bank, is a California corporation whose common stock is traded on the NASDAQ under the ticker symbol, “OPBK.” Open Bank is a California commercial bank headquartered in Los Angeles, California. The Bank is chartered under the laws of the State of California and is subject to supervision by the California Department of Business Oversight and the Federal Deposit Insurance Corporation (FDIC). The Federal Deposit Insurance Corporation insures our deposits up to the maximum legal limit.
The Bank commenced its operations on June 10, 2005 as First Standard Bank and changed its name to Open Bank on October 2010. We engage in the general commercial banking business in Los Angeles and Orange Counties. We emphasize the banking needs of small and medium-sized businesses, professionals and residents with a particular emphasis on the multi-ethnic communities.