OneWest Bank, FSB, one of the largest regional banks in Southern California, today named banking veteran Grant Ahearn as Executive Vice President & Head of its Specialized Financial Services Group reporting to its President & CEO, Joseph Otting. Mr. Ahearn will be based at OneWest's corporate offices in Santa Monica, California.
Mr. Ahearn brings nearly 25 years of banking experience to his position at OneWest. Prior to joining OneWest, Mr. Ahearn was a Senior Executive Vice President at Union Bank where he was a member of the Executive Committee and managed the Specialized Financial Services Group. During his tenure at Union Bank, Mr. Ahearn led the efforts to develop the bank's presence as a provider of senior debt and other bank products to commercial customers across various industry sectors.
"As we continue to execute our strategy to expand into a premier full-service regional bank OneWest remains committed to growing and expanding our focus in the commercial markets," said Mr. Otting. "Grant's strong customer orientation, coupled with a proven track record of driving growth, and operational excellence, is exactly what OneWest needs to lead the execution of its growth in the Specialty Lending business. On behalf of myself, the Board of Directors and the Senior Management team, we are pleased to have attracted such talent and we welcome Grant to the OneWest team."
"OneWest Bank has developed an excellent platform to grow its commercial business," said Mr. Ahearn. "It's an honor to join OneWest's leadership team and to have the opportunity to play a leading role in the growth of the commercial banking business. I look forward to introducing customers to OneWest Bank's commercial capabilities."
OneWest Bank is a diversified financial institution focused on delivering personalized, relationship-based services to consumers and businesses. With 81 locations throughout Southern California, OneWest has the size and strength to provide customized value-added banking product and services to its customers.
About OneWest Bank, FSB
OneWest Bank, FSB is one of the largest Southern California headquartered banks and is focused on delivering personalized, relationship-based banking to its customers. The bank has 81 retail branches conveniently located throughout Southern California to serve consumers and businesses, small and large. With total assets of $27 billion, OneWest has the size and strength to offer a wide array of banking products and services and the stability to protect its depositors. IndyMac Mortgage Services, a division of OneWest, services over $150 billion of mortgage loans on the behalf of third parties and offers loan modifications pursuant to Home Affordable Modification Program ("HAMP") guidelines. Through our wholly owned subsidiary, Financial Freedom, OneWest is a leading reverse mortgage lender and servicer. OneWest is an FDIC-insured institution and funds deposited in the bank are insured up to the FDIC's insurance limit of $250,000 per depositor. Information about OneWest Bank can be found on the company's website at www.owb.com.
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Diane Henry, 415-618-8750