Fort Lauderdale, Florida--(Newsfile Corp. - May 5, 2026) - OptimumBank Holdings, Inc. (NYSE:OPHC), announced today a significant leadership transition as the institution continues its trajectory of rapid growth.

<p>Fort Lauderdale, Florida--(Newsfile Corp. - May 5, 2026) - <a href="https://api.newsfilecorp.com/redirect/jNgDETObpV" target="_blank">OptimumBank Holdings, Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/OPHC">OPHC</a>), announced today a significant leadership transition as the institution continues its trajectory of rapid growth. Effective May 1, 2026, Timothy Terry retired as Principal Executive Officer of the Company and as President and Chief Executive Officer of its wholly owned subsidiary, OptimumBank. Mr. Terry will assist with the transition of leadership following a thirteen-year tenure that began in 2013.</p><p>The Board of Directors has appointed its current Chairman, Moishe Gubin, as Chief Executive Officer and Principal Executive Officer of both the Company and the Bank. Concurrently, the Bank has appointed Braden R. Smith, a veteran banking executive with over 30 years of experience, as its new President.</p><p>Mr. Gubin's appointment as CEO marks a defining moment in the history of OptimumBank, as he takes the helm of an institution he has fundamentally rebuilt over the last sixteen years. Since being elevated to Chairman of the Board in 2010, Mr. Gubin has been the architect of the Bank's strategic evolution and the primary driver of the Company's success. Under his visionary oversight, the Bank has transformed from a community-level entity into a powerhouse of growth and opportunity. Early in his chairmanship, the Bank reported total assets of approximately $154.5 million. Today, following a period of unprecedented expansion, the institution has soared more than eightfold to $1.27 billion in total assets as of the first quarter of 2026. This transition occurs at a time when the Company's momentum is at an all-time high, and the Board has determined that Mr. Gubin is the only leader with the depth of institutional knowledge required to capitalize on the massive opportunities ahead.</p><p>The Company extends its deepest gratitude to Timothy Terry for his dedicated service and steady hand since 2013. The Board recognizes Mr. Terry as a true professional whose commitment to the institution's stability has been invaluable to its current standing. While Mr. Terry effectively managed the day-to-day operations during his stay, he did so by executing the long-term strategic roadmap and vision consistently set forth by Mr. Gubin. Having served as the primary catalyst and navigator for the Bank's direction over many years, Mr. Gubin is now perfectly positioned to lead the charge directly, ensuring that the aggressive growth strategies he pioneered continue to be executed with precision and authority.</p><p><b>About OptimumBank Holdings, Inc.</b><br />OptimumBank Holdings, Inc. is the corporate parent company of OptimumBank, formed in 2004. <a href="https://api.newsfilecorp.com/redirect/vEMBeSoPK1" target="_blank">OptimumBank</a> was founded in 2000 in Ft. Lauderdale, Florida. Our customers found a bank that is strongly service oriented with reasonable fees, unseen at larger financial institutions. OptimumBank is committed to supporting economic development through responsible banking and community partnerships. <a href="https://api.newsfilecorp.com/redirect/JkBjNc7nwn">OptimumBank</a>'s business and financial solutions include: <a href="https://api.newsfilecorp.com/redirect/GzQV2U0b88" target="_blank">Business Banking</a>, <a href="https://api.newsfilecorp.com/redirect/Q2XBjSEg5q" target="_blank">Business Lending, </a><a href="https://api.newsfilecorp.com/redirect/mjEz5txVLn" target="_blank">SBA Lending Solutions</a>, <a href="https://api.newsfilecorp.com/redirect/kXxr5uYGXx" target="_blank">Treasury Management</a>, and <a href="https://api.newsfilecorp.com/redirect/B5412CPoqE" target="_blank">Personal Banking</a>. The Company is traded on the NYSE American under the symbol "OPHC".</p><p><i><b>Note Regarding Forward-Looking Statements</b></i><br /><i>Certain statements in this press release are "forward-looking statements" within the meaning of the rules and regulations of the Private Securities Litigation and Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. These statements are not guarantees of future results or occurrences and are subject to change, possibly materially. See "Note Regarding Forward-Looking Statements" and the sections entitled "Risk Factors" in the Company's filings with the Securities and Exchange Commission which are available on OptimumBank's website (</i><a href="https://api.newsfilecorp.com/redirect/5WkYriW7xR" target="_blank">Investor Relations - OptimumBank</a><i>) and on the Securities and Exchange Commission's website (<a href="https://api.newsfilecorp.com/redirect/LqLJDIG721">www.sec.gov</a>). Any forward-looking statements made by or on behalf of OptimumBank speak only as to the date they are made, and OptimumBank does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.</i><br /><br />SOURCE: OptimumBank Holdings, Inc.</p><div id="contactInfo"><p><u><b>Investor Relations &#38; Corporate Relations</b></u><br />Contact: Seth Denison<br />Telephone: (305) 401-4140 / <a href="https://api.newsfilecorp.com/redirect/oPp37TBzYo" target="_blank">SDenison@OptimumBank.com</a></p></div><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/10988/295912_c0c976e7a4491ac4_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/OAPmzf2MVg">https://www.newsfilecorp.com/release/295912</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/295912/197" alt="" /></p>

OPHC

OptimumBank Holdings, Inc. Announces Executive Leadership Transition; Chairman Moishe Gubin Appointed CEO

OptimumBank's New CEO Promises Continued Growth and Leadership Stability

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Fort Lauderdale, Florida--(Newsfile Corp. - May 5, 2026) - OptimumBank Holdings, Inc. (NYSE:OPHC), announced today a significant leadership transition as the institution continues its trajectory of rapid growth.</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>OptimumBank Holdings has announced a leadership change, appointing Moishe Gubin as CEO. This transition occurs as the bank&#039;s assets have surged, reflecting a successful strategy that Gubin will continue, likely bolstering investor confidence and growth prospects.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>OptimumBank experiences leadership transition with Moishe Gubin as new CEO.</li><li>Timothy Terry retires after 13 years, assisting with leadership transition.</li><li>Under Gubin&#039;s leadership, total assets grew from $154.5 million to $1.27 billion.</li><li>Gubin previously rebuilt the bank, focusing on aggressive growth strategies.</li><li>The transition aims to capitalize on significant opportunities ahead.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>OptimumBank Holdings, Inc. (OPHC)</strong>: Leadership changes could enhance growth potential and investor confidence.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This falls under &#039;Corporate Developments&#039; as it represents a significant shift in leadership that impacts strategy and future growth prospects for OPHC. The focus on continuity and strategic execution positions the bank advantageously in the competitive landscape.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Moishe Gubin&#039;s appointment signals continuity in growth strategy.</li><li>Total assets have increased, indicative of strong operational performance.</li><li>Transition aims to leverage recent momentum in the banking sector.</li><li>Leadership continuity could strengthen stakeholder confidence moving forward.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Timothy Terry retired effective May 1, 2026.</li><li>Moishe Gubin served as Chairman before being appointed CEO.</li><li>OptimumBank&#039;s assets rose from $154.5 million to $1.27 billion.</li><li>Gubin has been key to the bank&#039;s strategic evolution since 2010.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Given the leadership change, OPHC is a buy to capitalize on future growth.</p>
  </section>
</section>


<p>Fort Lauderdale, Florida--(Newsfile Corp. - May 5, 2026) - <a href="https://api.newsfilecorp.com/redirect/jNgDETObpV" target="_blank">OptimumBank Holdings, Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/OPHC">OPHC</a>), announced today a significant leadership transition as the institution continues its trajectory of rapid growth. Effective May 1, 2026, Timothy Terry retired as Principal Executive Officer of the Company and as President and Chief Executive Officer of its wholly owned subsidiary, OptimumBank. Mr. Terry will assist with the transition of leadership following a thirteen-year tenure that began in 2013.</p><p>The Board of Directors has appointed its current Chairman, Moishe Gubin, as Chief Executive Officer and Principal Executive Officer of both the Company and the Bank. Concurrently, the Bank has appointed Braden R. Smith, a veteran banking executive with over 30 years of experience, as its new President.</p><p>Mr. Gubin's appointment as CEO marks a defining moment in the history of OptimumBank, as he takes the helm of an institution he has fundamentally rebuilt over the last sixteen years. Since being elevated to Chairman of the Board in 2010, Mr. Gubin has been the architect of the Bank's strategic evolution and the primary driver of the Company's success. Under his visionary oversight, the Bank has transformed from a community-level entity into a powerhouse of growth and opportunity. Early in his chairmanship, the Bank reported total assets of approximately $154.5 million. Today, following a period of unprecedented expansion, the institution has soared more than eightfold to $1.27 billion in total assets as of the first quarter of 2026. This transition occurs at a time when the Company's momentum is at an all-time high, and the Board has determined that Mr. Gubin is the only leader with the depth of institutional knowledge required to capitalize on the massive opportunities ahead.</p><p>The Company extends its deepest gratitude to Timothy Terry for his dedicated service and steady hand since 2013. The Board recognizes Mr. Terry as a true professional whose commitment to the institution's stability has been invaluable to its current standing. While Mr. Terry effectively managed the day-to-day operations during his stay, he did so by executing the long-term strategic roadmap and vision consistently set forth by Mr. Gubin. Having served as the primary catalyst and navigator for the Bank's direction over many years, Mr. Gubin is now perfectly positioned to lead the charge directly, ensuring that the aggressive growth strategies he pioneered continue to be executed with precision and authority.</p><p><b>About OptimumBank Holdings, Inc.</b><br />OptimumBank Holdings, Inc. is the corporate parent company of OptimumBank, formed in 2004. <a href="https://api.newsfilecorp.com/redirect/vEMBeSoPK1" target="_blank">OptimumBank</a> was founded in 2000 in Ft. Lauderdale, Florida. Our customers found a bank that is strongly service oriented with reasonable fees, unseen at larger financial institutions. OptimumBank is committed to supporting economic development through responsible banking and community partnerships. <a href="https://api.newsfilecorp.com/redirect/JkBjNc7nwn">OptimumBank</a>'s business and financial solutions include: <a href="https://api.newsfilecorp.com/redirect/GzQV2U0b88" target="_blank">Business Banking</a>, <a href="https://api.newsfilecorp.com/redirect/Q2XBjSEg5q" target="_blank">Business Lending, </a><a href="https://api.newsfilecorp.com/redirect/mjEz5txVLn" target="_blank">SBA Lending Solutions</a>, <a href="https://api.newsfilecorp.com/redirect/kXxr5uYGXx" target="_blank">Treasury Management</a>, and <a href="https://api.newsfilecorp.com/redirect/B5412CPoqE" target="_blank">Personal Banking</a>. The Company is traded on the NYSE American under the symbol "OPHC".</p><p><i><b>Note Regarding Forward-Looking Statements</b></i><br /><i>Certain statements in this press release are "forward-looking statements" within the meaning of the rules and regulations of the Private Securities Litigation and Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. These statements are not guarantees of future results or occurrences and are subject to change, possibly materially. See "Note Regarding Forward-Looking Statements" and the sections entitled "Risk Factors" in the Company's filings with the Securities and Exchange Commission which are available on OptimumBank's website (</i><a href="https://api.newsfilecorp.com/redirect/5WkYriW7xR" target="_blank">Investor Relations - OptimumBank</a><i>) and on the Securities and Exchange Commission's website (<a href="https://api.newsfilecorp.com/redirect/LqLJDIG721">www.sec.gov</a>). Any forward-looking statements made by or on behalf of OptimumBank speak only as to the date they are made, and OptimumBank does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.</i><br /><br />SOURCE: OptimumBank Holdings, Inc.</p><div id="contactInfo"><p><u><b>Investor Relations &#38; Corporate Relations</b></u><br />Contact: Seth Denison<br />Telephone: (305) 401-4140 / <a href="https://api.newsfilecorp.com/redirect/oPp37TBzYo" target="_blank">SDenison@OptimumBank.com</a></p></div><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/10988/295912_c0c976e7a4491ac4_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/OAPmzf2MVg">https://www.newsfilecorp.com/release/295912</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/295912/197" alt="" /></p>

OptimumBank Holdings has announced a leadership change, appointing Moishe Gubin as CEO. This transition occurs as the bank's assets have surged, reflecting a successful strategy that Gubin will continue, likely bolstering investor confidence and growth prospects.

OptimumBank Holdings, Inc. Announces Executive Leadership Transition; Chairman Moishe Gubin Appointed CEO

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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