Riverside, California, September 4, 2025
News Summary
American Business Bank has opened a new Loan Production Office in Downtown Riverside, California. This new branch is aimed at strengthening the bank’s presence in Southern California and providing essential financial services, including business loans and treasury management, to the local business community. David R. Valenzuela has been appointed as Regional Vice President to lead the office, supported by Michael Gialluly as Vice President & Senior Relationship Manager. The new office symbolizes the bank’s commitment to customized financial products for the region’s middle market businesses.
California – American Business Bank (OTCQX: AMBZ) has announced the opening of a new Loan Production Office (LPO) in Downtown Riverside, California, located at 3801 University Ave., Suite 640. This expansion is a significant step for the bank, enhancing its presence in Southern California and aimed at providing vital financial services to the local business community.
To lead the new Riverside office, David R. Valenzuela has been promoted to Regional Vice President. His leadership experience is recognized as a crucial asset for the bank’s continued success. Joining him in this venture is Michael Gialluly, who takes on the role of Vice President & Senior Relationship Manager at the Riverside office. Together, they bring over 40 years of experience in middle market banking to the team.
American Business Bank has a firm commitment to delivering high-quality financial services, and the Riverside LPO is designed to cater to the needs of businesses seeking specialized financial solutions. The office’s offerings will include business loans, lines of credit, treasury management, and deposit solutions, all focusing on promoting business growth and collaboration.
CEO Leon Blankstein emphasized the importance of strong local relationships as a foundation for the bank’s growth. With the establishment of this new office, American Business Bank is poised to strengthen its role within the Riverside business community, where both Valenzuela and Gialluly have deep connections.
Headquartered in Downtown Los Angeles, American Business Bank operates nine Loan Production Offices strategically located across Southern California. The new LPO in Riverside complements existing offices in locations such as North Orange County in Anaheim, Orange County in Irvine, South Bay in Torrance, and several others throughout the region, including Riverside County.
The bank primarily serves closely held middle market businesses, customizing a full spectrum of financial solutions tailored to unique business needs. Their seasoned bankers assist clients with various aspects of financial management, including cash flow management, growth financing, and succession planning.
This new venture not only represents American Business Bank’s commitment to serving the Southern California market but also highlights its focus on customized financial products aimed at fostering business success.
Key Features of the New Riverside Office
- Location: 3801 University Ave., Suite 640, Downtown Riverside, California
- Leadership: David R. Valenzuela (Regional Vice President), Michael Gialluly (Vice President & Senior Relationship Manager)
- Experience: Combined over 40 years in middle market banking
- Services Offered: Business loans, lines of credit, treasury management, deposit solutions
- Focus: Serving closely held middle market businesses in Southern California
Background of American Business Bank
American Business Bank was established to provide flexible and innovative financial solutions to support business growth. As a prominent banker for the middle market sector, ABB is dedicated to offering customized financial services tailored to meet the diverse needs of its clients. With its extensive experience and strategic presence, the bank is well-positioned to serve the various financial needs of Southern California’s businesses.
FAQ Section
Frequently Asked Questions
- What is the purpose of American Business Bank’s new Loan Production Office?
- The new Loan Production Office in Downtown Riverside aims to serve local businesses with high-quality financial services, including business loans, lines of credit, and treasury management.
- Who will be leading the new Riverside office?
- David R. Valenzuela has been promoted to Regional Vice President to lead the Riverside office, supported by Michael Gialluly as Vice President & Senior Relationship Manager.
- What services will be offered at the Riverside Loan Production Office?
- The office will offer business loans, lines of credit, treasury management, and deposit solutions, focusing on meeting the specific needs of middle market businesses.
- Where else does American Business Bank operate?
- ABB operates nine Loan Production Offices throughout Southern California, including locations in Los Angeles, Orange County, and the Inland Empire.
- What type of businesses does American Business Bank serve?
- American Business Bank primarily serves closely held middle market businesses, providing customized financial solutions that cater to their unique challenges and goals.
Key Features Chart
| Feature | Details |
|---|---|
| Location | 3801 University Ave., Suite 640, Downtown Riverside, California |
| Leadership | David R. Valenzuela (Regional Vice President), Michael Gialluly (Vice President & Senior Relationship Manager) |
| Experience | Combined over 40 years in middle market banking |
| Services Offered | Business loans, lines of credit, treasury management, deposit solutions |
| Focus | Serving closely held middle market businesses in Southern California |
Deeper Dive: News & Info About This Topic
- Business Wire: American Business Bank Opens New Loan Production Office in Downtown Riverside, California
- MarketScreener: American Business Bank Receives Regulatory Approval on Second Stock Repurchase Program
- Business Wire: American Business Bank Receives Regulatory Approval on Second Stock Repurchase Program
- Globe and Mail: American Business Bank Declares Cash Dividend
- Globe and Mail: American Business Bank Announces Completion of Stock Repurchase Program
- Wikipedia: Bank
- Google Search: American Business Bank
- Google Scholar: American Business Bank
- Encyclopedia Britannica: Banking
- Google News: American Business Bank
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