News

Oct 7, 2024

Optus Bank Powers Sustainability by financing 112.5-Megawatt DC Solar Farm in North Carolina

Optus Bank announced today that it has provided a development loan to Headwater Energy, which allows them to advance their solar development project located in rural North Carolina. The total financing amount of $32 million advances the late-stage development of Gum Swamp Solar, a 112.5-Megawatt DC Solar Farm located in Scotland County, NC. According to Headwater Energy, the Solar Farm is projected to produce 191,698 MWh of electricity annually. This production equates to one year of electricity consumption of approximately 17,000 U.S. households based on usage statistics from the Energy Information Agency.

Jul 30, 2024

Resource Guide for Collaboration with Minority Depository Institutions

Minority depository institutions (MDIs)1 play a vital role in the U.S. economy by providing responsive banking services to those who might not otherwise have access to a financial institution.

Jul 11, 2024

Optus Bank Announces Key Executive Appointments

Optus Bank Chairman Paul Mitchell and the Board of Directors today announced the appointment of Benita Lefft as President of the Bank. Lefft will oversee the primary operating lines of business, risk management, finance, and all support functions for the Bank. Dominik Mjartan will continue as CEO and assume the duties of Vice Chairman of the Board.

Apr 9, 2024

Optus Bank Impact Report 2023

As a bank on a mission to create wealth in underserved communities, we recognize that the financial strength of our bank is a key driver of our positive community impact. In this impact report, we want to highlight the results of our efforts fo fulfill our mission established by visionary and courageous African Americans more than 100 years ago, when they founded Victory Savings Bank, now Optus Bank.

Feb 7, 2024

South Carolina Progressive Network deposits $250k in Optus Bank

RICHLAND COUNTY, S.C. (WACH) — On Tuesday, the South Carolina Progressive Network deposited $250,000 into Optus Bank. Partners held a press conference at 12 pm at the bank to celebrate this historic moment. The Network is leaving a prominent national bank to reinvest into a local community bank, which signifies the longstanding relationship between the two going back to the 1970s.

Mar 1, 2023

The history of South Carolina’s First Black Owned Bank.

Optus Bank Executive Vice President Benita Lefft sits down with WIS Awareness Host, Billie Jean Shaw to discuss the legacy, mission and the future of South Carolina’s first and only Black owned bank.

Feb 1, 2023

Optus Bank partners with Citi and Walmart to help suppliers find capital and financing!

Walmart and Citi Introduce the Bridge built by Citi® platform to Walmart Suppliers. This platform Will Help Improve Access to Capital for Walmart’s U.S. Supplier Base through Network of over 70 lenders, Including 20+ Diverse Financial Institutions, Optus Bank being one them!