OptimumBank, the primary banking subsidiary of OP Bancorp, Inc. (NASDAQ: OPHC), operates a network of branch offices across South Florida to serve the diverse financial needs of individuals, small businesses and commercial enterprises. Headquartered in Coral Gables, Florida, the bank combines community banking principles with modern technology to deliver personalized service and digital convenience to its predominantly Hispanic and multicultural customer base.
The bank’s product suite encompasses a variety of deposit accounts, including checking, savings, money market and certificate of deposit offerings, all accessible through robust online and mobile banking platforms. On the lending side, OptimumBank provides consumer loan solutions—such as personal loans, residential mortgages and home equity lines of credit—and a range of commercial banking products, including SBA-backed loans, equipment financing and treasury management services designed to help businesses manage cash flow and optimize operations.
Founded in 2008 as Citizens State Bank, the institution rebranded to OptimumBank in 2017 and has since grown both organically and through targeted acquisitions. Today, the bank’s presence spans Miami-Dade, Broward and Palm Beach counties, reflecting a strategic focus on markets with strong growth potential. The parent company completed its initial public offering in 2020, reinforcing the bank’s capital position and supporting further expansion in South Florida’s competitive banking landscape.
OptimumBank is led by President and Chief Executive Officer José J. Hernandez, whose more than 20 years of experience in community and commercial banking inform the institution’s customer-centric approach. Supported by a board of directors with deep regional ties, the bank is committed to driving economic development, fostering small business growth and delivering tailored financial solutions to its communities.
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