Riverside, California, September 4, 2025
News Summary
American Business Bank has opened a new Loan Production Office in Downtown Riverside, California, enhancing its service capabilities in Southern California. The new office, led by David R. Valenzuela as Regional Vice President, aims to provide various financial services including business loans and treasury management. This expansion reflects the bank’s commitment to building strong relationships within the local business community and supporting the financial needs of closely-held middle market enterprises.
California – American Business Bank (OTCQX: AMBZ) has announced the opening of a new Loan Production Office (LPO) in Downtown Riverside, California. This move significantly marks an increase in the bank’s presence across Southern California.
The new office, located at 3801 University Ave., Suite 640, is set to enhance American Business Bank’s service capabilities, focusing on delivering high-caliber service and partnership to more businesses in the region. To lead this initiative, David R. Valenzuela has been promoted to Regional Vice President.
Leon Blankstein, CEO of American Business Bank, expressed enthusiasm for this expansion, highlighting the significance of strong local relationships that will serve as a foundation for growth. The Riverside LPO will provide various services, including business loans, lines of credit, treasury management, and deposit solutions.
Joining Valenzuela will be Michael Gialluly, who will serve as Vice President & Senior Relationship Manager at the new office. Together, Valenzuela and Gialluly possess over 40 years of experience in middle market banking, and both have established strong ties within the Riverside business community.
American Business Bank is dedicated to offering flexible and innovative financial solutions aimed at fostering business growth, primarily serving closely-held middle market enterprises in Southern California. The bank is known for its ability to customize a full spectrum of financial solutions, benefiting clients with expert guidance on cash flow management, growth financing, and succession planning.
Expansion and Strategic Locations
American Business Bank is headquartered in downtown Los Angeles and currently operates nine Loan Production Offices in strategic locations throughout Southern California. These include:
- Riverside County in Downtown Riverside
- 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
- LA Coastal in Long Beach
- North County in San Diego
Bank Services and Community Focus
With a focus on delivering customized financial solutions, American Business Bank aims to strengthen its partnerships with local businesses. The bank’s seasoned bankers are equipped to provide valuable guidance in various areas, aiding businesses in navigating challenges and seizing growth opportunities.
This new Loan Production Office in Riverside underscores American Business Bank’s commitment to supporting the evolving needs of businesses in the region, creating space for growth and partnership.
FAQ
What is American Business Bank’s new Loan Production Office in Riverside?
It is a newly opened facility that aims to provide business loans, treasury management, and other financial services tailored to local businesses.
Where is the new office located?
The office is located at 3801 University Ave., Suite 640, Downtown Riverside, California.
Who will be leading the new office?
David R. Valenzuela has been promoted to Regional Vice President to lead the new Riverside office.
How many years of experience do Valenzuela and Gialluly have?
Combined, David R. Valenzuela and Michael Gialluly bring over 40 years of experience in middle market banking.
What services will the Riverside office provide?
The office will offer business loans, lines of credit, treasury management, and deposit solutions.
Deeper Dive: News & Info About This Topic
- Business Wire: American Business Bank Opens New Loan Production Office in Downtown Riverside
- MarketScreener: American Business Bank Receives Regulatory Approval on Second Stock Repurchase Program
- The Globe and Mail: American Business Bank Declares Cash Dividend
- Business Wire: American Business Bank Receives Regulatory Approval on Second Stock Repurchase Program
- RCNS: Riverside Joins Nationwide Workers Over Billionaires’ Labor Day Protests
- Wikipedia: Banking in the United States
- Google Search: American Business Bank
- Encyclopedia Britannica: Bank
- Google Scholar: American Business Bank
- Google News: American Business Bank
Author: STAFF HERE HUNTINGTON BEACH
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