Core Viewpoint - Martin Schmidt has resigned from the boards of OptimumBank and OptimumBank Holding, effective January 28, 2025, but remains supportive of the Bank and Company [1][2]. Group 1: Board Changes - Martin Schmidt has served as a Director since August 2015 and has played a significant role in helping the board navigate regulatory challenges, contributing to a strong capital structure and growth for the Bank [2]. - Chairman Moishe Gubin expressed gratitude for Schmidt's contributions and noted his positive impact on the board's dynamics during meetings [2]. Group 2: Company Overview - OptimumBank Holdings, Inc. operates as a bank holding company providing a range of consumer and commercial banking services [3]. - The company offers various banking products including savings accounts, loans, debit and ATM cards, and internet banking services, and manages foreclosed real estate [4]. - Founded in 2000, OptimumBank is based in Fort Lauderdale, Florida, and operates through banking offices in Broward County [4].
OptimumBank Holdings, Inc. (OPHC-NASDAQ) Announces Resignation of Board Member