OptimumBank Holdings, Inc. serves as a bank holding company for OptimumBank (the Bank). The Bank provides community banking services to individuals and corporate customers through its three banking offices located in Broward County, Florida. The Bank provides consumer and commercial banking services to individuals and businesses. The Bank's services include demand interest-bearing and noninterest-bearing accounts, money market deposit accounts, negotiable order of withdrawal (NOW) account, time deposits, Visa debit and automated teller machine (ATM) cards, cash management, direct deposits, notary services, money orders, night depository, cashier's checks, domestic collections, drive-in tellers, and banking by mail. The Bank offers Internet banking services through its Website www.optimumbank.com. The Bank has 19 wholly owned subsidiaries, which are engaged in holding and disposing of foreclosed real estate and one subsidiary is primarily engaged in managing foreclosed real estate.