American Business Bank Opens New Loan Production Office in Downtown Riverside, California

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RIVERSIDE, Calif.--(BUSINESS WIRE)--Sep 2, 2025--

AMERICAN BUSINESS BANK ( OTCQX: AMBZ ) today is proud to announce the opening of its new Loan Production Office (LPO) in Downtown Riverside. The new office is located at 3801 University Ave., Suite 640 and marks a significant expansion of ABB’s footprint across Southern California. In addition, the Bank has also promoted David R. Valenzuela to Regional Vice President, to lead the new regional LPO office.

“We are excited to grow our presence in this vibrant region,” said Leon Blankstein, CEO of ABB. “Our strong local relationships have laid the foundation for this expansion, and we are confident this new office will allow us to serve more businesses seeking high-caliber service and partnership. David’s promotion is well deserved, and his leadership and contributions have been instrumental to our success. We are thrilled to see him take on this new role and continue driving impact and vision. Our team of talented bankers is committed to building meaningful relationships that help clients thrive with confidence and trust.”

Joining Valenzuela in the Downtown Riverside LPO is Michael Gialluly, Vice President & Senior Relationship Manager. Together, they have over 40 years of combined experience in middle market banking, with deep roots in the Riverside business community. Their expertise and client-focused approach make them ideally positioned to support the region’s thriving privately held businesses. “This new office reflects our commitment to local relationships and our dedication to serving businesses that expect the very best,” said Valenzuela, who joined ABB in 2017. “I am grateful for this opportunity and honored to step into this new role.”

The Downtown Riverside LPO will offer a comprehensive suite of services tailored to the needs of regional businesses, including business loans, lines of credit, treasury management, and deposit solutions. ABB is focused on delivering flexible, innovative financial solutions to help businesses grow and navigate an evolving marketplace. American Business Bank serves closely held middle market businesses in Southern California, customizing solutions for a full spectrum of finance needs. ABB’s seasoned bankers provide expert guidance on cash flow management, growth financing, succession planning, and other key financial issues for privately held businesses.

ABOUT AMERICAN BUSINESS BANK

American Business Bank, headquartered in downtown Los Angeles, offers a wide range of financial services to the business marketplace. Clients include wholesalers, manufacturers, service businesses, professionals, and non-profits. American Business Bank has nine Loan Production Offices in strategic locations including: North Orange County in Anaheim, Orange County in Irvine, South Bay in Torrance, San Fernando Valley in Woodland Hills, Southern Inland Empire in Corona, Inland Empire in Ontario, Riverside County in Downtown Riverside, LA Coastal in Long Beach and North County in San Diego.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250902149152/en/

CONTACT: Karen Schoenbaum

EVP/CFO

(213) 430-4000

www.americanbb.bank

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES BUSINESS FINANCE

SOURCE: American Business Bank

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PUB: 09/02/2025 09:05 AM/DISC: 09/02/2025 09:06 AM

http://www.businesswire.com/news/home/20250902149152/en