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Opus Founder Launches New Bank as California Economy Reopens

Genesis Bank to Focus on Needs of Income-Producing Property Owners
The founder of Opus Bank started a new bank in Orange County, California. (CoStar)
The founder of Opus Bank started a new bank in Orange County, California. (CoStar)

After seeing the bank he founded in 2010 and chaired for eight years sold this month for about $744 million, Stephen H. Gordon, managing member of Gordon Ventures, has filed an application to form the first new federally insured bank in California in more than two years.

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