 Optimum Bank Holdings, Inc. OPHC, the parent company of Optimum Bank, a bank that provides a range of consumer and commercial banking services to individuals and businesses is pleased to provide an update to shareholders following the Annual Shareholder Meeting that was held on August 27, 2019. The purpose of the meeting was to report on current progress and present several proposals as the Company works with a restructured management team and Board of Directors to implement a strategic business plan as the Company emerges from major regulatory issues. The Bank had faced numerous regulatory issues resulting from problems associated with The Great Recession of 2007 and the Housing Market Crash, noted Moishe Gubin, Chairman of Optimum Bank. 