FAQ: OptimumBank Holdings Featured on GotStocks Podcast - Growth, Strategy, and Community Banking Focus

What was the main topic of Moishe Gubin’s appearance on The GotStocks Podcast?

Chairman Moishe Gubin discussed OptimumBank’s community focus, growth trajectory, lending philosophy, recent achievement of surpassing $1 billion in assets, and the bank’s strong balance sheet with no debt.

What recent milestone did OptimumBank achieve according to the podcast?

OptimumBank recently surpassed $1 billion in assets and has achieved consistent 30-40% growth over the past several years.

What is OptimumBank’s financial position and capacity for expansion?

The bank maintains a strong balance sheet with no debt and has capacity for continued expansion through equity or debt opportunities.

Where is OptimumBank headquartered and when was it founded?

OptimumBank is headquartered in Fort Lauderdale, Florida, and was founded in 2000 by a group of local Broward County businessmen.

What makes OptimumBank different from other banks?

OptimumBank focuses on traditional, in-person community banking with personal service combined with modern digital convenience, emphasizing reasonable fees and deep expertise in real estate and commercial lending.

What financial services does OptimumBank offer?

The bank offers Business Banking, Business Lending, SBA Lending Solutions, Treasury Management, and Personal Banking services.

Where can investors find more information about OptimumBank Holdings?

The latest news and updates relating to OPHC are available in the company’s newsroom at https://ibn.fm/OPHC

What is OptimumBank’s stock symbol and where is it traded?

OptimumBank Holdings trades on the NYSE American under the symbol ‘OPHC’.

What was the original mission behind founding OptimumBank?

The bank was founded to bring back true community banking amid the rise of out-of-state mega-banks, inviting local investors to participate in its growth and mission.