STEPHEN GORDON
FOUNDER/CEO
GENESIS BANK
WHY: Well-known area banker and entrepreneur. When the economy is faltering, Gordon sees opportunity.
IN THE NEWS: Five days after Opus sale closed, he filed paperwork to start his third venture, Genesis Bank. Already raised $57M to fund commercial bank.
NOTABLE: After the dot-com bust in 2000, co-founded Commercial Capital Bancorp, which was sold for almost $1B in 2006. Following 2008 financial crisis, in 2010 led the $460M recapitalization of Bay Cities National Bank and renamed it Opus Bank. Left Opus in 2018, bank was sold for $743.9M in 2020.
QUOTABLE: “I have tendency to start banks in contrarian times.”