Riverside, California, September 3, 2025
News Summary
American Business Bank has launched a new Loan Production Office in Downtown Riverside, California. This expansion aims to improve service for local businesses, providing a range of financial services tailored for the region. Led by experienced banking professionals, the office will offer business loans, lines of credit, treasury management, and deposit solutions, enhancing support for middle-market businesses in Southern California.
California – American Business Bank (OTCQX: AMBZ) has announced the launch of a new Loan Production Office (LPO) in Downtown Riverside, aimed at enhancing its operations and service provision in Southern California. The office is strategically situated at 3801 University Ave., Suite 640, marking a significant expansion for the bank in the region.
To spearhead the new office, David R. Valenzuela has been appointed as Regional Vice President. Valenzuela has been with American Business Bank since 2017, where he has earned recognition for his substantial contributions to the institution’s growth and success. Furthermore, he will be joined by Michael Gialluly, who will take on the role of Vice President & Senior Relationship Manager at the new LPO. Together, they bring over 40 years of combined experience in middle market banking, with deep-rooted connections in the Riverside business community.
The new Loan Production Office is dedicated to serving local businesses by providing a range of financial services tailored specifically for the needs of the region. Services offered will include business loans, lines of credit, treasury management, and deposit solutions. This initiative is part of American Business Bank’s commitment to fostering robust partnerships with clients while delivering customized financial solutions that help businesses navigate fluctuating market conditions.
According to Leon Blankstein, the CEO of American Business Bank, the move to establish the Riverside LPO reflects the strong local relationships that have supported the bank’s growth. The opening is intended to deepen those connections and ensure that local businesses receive high-caliber service and support necessary for their growth.
This new office aligns with American Business Bank’s strategic focus on closely held middle-market businesses in Southern California, emphasizing the delivery of innovative solutions for various financing needs. The establishment of the LPO represents a crucial step in the bank’s broader strategy to create meaningful relationships that nurture client confidence and promote growth.
In recent years, American Business Bank has taken significant strides to expand its presence in the Southern California area, indicating a commitment to fostering economic growth in the regions it serves. By enhancing its footprint with the new LPO, the bank is set to solidify its role as a vital resource for local businesses looking for specialized financial support.
About American Business Bank
Founded with a vision to support regional businesses, American Business Bank specializes in providing customized banking solutions focused on the middle market sector. Its approach is built on the foundation of strong local relationships and a deep understanding of the unique challenges that businesses face in today’s economy.
New Office Highlights
- Location: 3801 University Ave., Suite 640, Downtown Riverside
- Leadership: David R. Valenzuela as Regional Vice President, Michael Gialluly as Vice President & Senior Relationship Manager
- Services: Business loans, lines of credit, treasury management, and deposit solutions
- Experience: Valenzuela and Gialluly bring over 40 years in middle market banking
FAQ Section
Where is the new Loan Production Office located?
Who will lead the new Loan Production Office?
What services will the new office provide?
What is the focus of American Business Bank?
Key Features Overview
| Feature | Description |
|---|---|
| Office Location | 3801 University Ave., Suite 640, Downtown Riverside |
| Leadership | David R. Valenzuela (Regional Vice President); Michael Gialluly (Vice President & Senior Relationship Manager) |
| Experience | Over 40 years combined in middle market banking |
| Services Offered | Business loans, lines of credit, treasury management, deposit solutions |
| Bank Focus | Enhancing support for closely held middle-market businesses |
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COSTA MESA STAFF WRITER The COSTA MESA STAFF WRITER represents the experienced team at HERECostaMesa.com, your go-to source for actionable local news and information in Costa Mesa, Orange County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the OC Fair, Concerts in the Park, and Fish Fry. Our coverage extends to key organizations like the Costa Mesa Chamber of Commerce and Boys & Girls Clubs of Central Orange Coast, plus leading businesses in retail, fashion, and technology that power the local economy such as Vans, Experian, and South Coast Plaza. As part of the broader HERE network, including HEREAnaheim.com, HEREBeverlyHills.com, HERECoronado.com, HEREHollywood.com, HEREHuntingtonBeach.com, HERELongBeach.com, HERELosAngeles.com, HEREMissionViejo.com, HERESanDiego.com, and HERESantaAna.com, we provide comprehensive, credible insights into California's dynamic landscape.
