Irvine-based Opus Bank said Paul G. Greig, a former chairman and chief executive at FirstMerit Corp. in Akron, Ohio, had joined its board.
FirstMerit grew from $10 billion to more than $26 billion in assets when Greig was in charge, Opus Bank said.
He also served as director of the Federal Reserve Bank of Cleveland from 2011 to 2013 and as vice president and member of the Federal Reserve’s Federal Advisory Council.
Opus shares were unchanged at $19 and a $706 million market cap. With assets of $7.9 billion, Opus is the second-largest bank with headquarters in Orange County, following Banc of California.
