OptimumBank Taps Chairman as CEO After 16 Years, Assets Soar Eightfold to $1.27B
OPHC•Effective May 1, 2026, Timothy Terry retired as CEO after a 13-year tenure, with Chairman Moishe Gubin named Chief Executive Officer and Braden Smith appointed President. Since 2010, Gubin led OptimumBank’s total assets from $154.5 million to $1.27 billion by Q1 2026, achieving eightfold growth.
1. Executive Leadership Transition
On May 1, 2026, OptimumBank Holdings announced the retirement of Timothy Terry as CEO and named long-serving Chairman Moishe Gubin as Chief Executive Officer, while veteran banker Braden Smith steps in as President. This leadership shift follows Terry’s 13-year tenure overseeing day-to-day operations under Gubin’s strategic vision.
2. Gubin’s Transformation Record
Since his elevation to Chairman in 2010, Moishe Gubin orchestrated the bank’s strategic evolution, growing total assets from approximately $154.5 million to $1.27 billion by the first quarter of 2026. His oversight delivered consistent expansion, transforming OptimumBank from a small community institution into a regional growth engine.
3. Future Growth Outlook
With Gubin assuming direct operational control, the board expects continued execution of aggressive growth strategies he pioneered. His deep institutional knowledge and proven track record position the bank to capitalize on new lending opportunities and expand its market presence.
