Riverside, September 4, 2025
News Summary
American Business Bank has launched a new Loan Production Office in Downtown Riverside, California, enhancing its presence in Southern California. David R. Valenzuela has been appointed Regional Vice President to lead this office, with Michael Gialluly as Vice President & Senior Relationship Manager. The office will provide essential banking services such as business loans and treasury management, aimed at fostering local business relationships. This expansion is part of ABB’s strategy to operate nine Loan Production Offices throughout the region, boosting economic growth.
California
American Business Bank (OTCQX: AMBZ) has announced the opening of a new Loan Production Office (LPO) in Downtown Riverside, California. The new office is strategically located at 3801 University Ave., Suite 640, marking a significant expansion of ABB’s presence across Southern California.
David R. Valenzuela has been promoted to Regional Vice President to lead the new Riverside office. His extensive experience and local connections are viewed as vital for the growth of the banking institution in this area. Joining him will be Michael Gialluly, who is appointed as Vice President & Senior Relationship Manager at the new location. Together, Valenzuela and Gialluly offer more than 40 years of combined experience in middle market banking, with strong ties to the Riverside business community.
Leon Blankstein, CEO of American Business Bank, expressed excitement over this expansion, focusing on the importance of strong local relationships as a foundation for building ABB’s future growth. The Riverside LPO is designed to better serve businesses that are in search of high-caliber services and partnerships that facilitate their financial needs.
The Downtown Riverside office aims to provide a variety of services including business loans, lines of credit, treasury management, and deposit solutions. American Business Bank specializes in delivering flexible and innovative financial solutions tailored for business growth. The bank particularly caters to closely held middle market businesses in Southern California by offering an extensive range of customized financial solutions.
Additionally, seasoned bankers at American Business Bank offer crucial guidance in important areas such as cash flow management, growth financing, and succession planning. This new location fits into ABB’s broader strategy, which includes operating nine Loan Production Offices across Southern California. Other operational offices are located in Anaheim, Irvine, Torrance, Woodland Hills, Corona, Ontario, Long Beach, and San Diego.
The importance of community relationships cannot be overstated, and the bank is committed to fostering connections to enable businesses to thrive. This emphasis on collaboration is expected to enhance not only the bank’s growth but also the local economy at large, as more businesses gain access to essential banking services tailored to their unique needs.
Summary of American Business Bank’s Expansion
| Feature | Details |
|---|---|
| New Location | 3801 University Ave., Suite 640, Downtown Riverside, CA |
| Regional VP | David R. Valenzuela |
| Senior Relationship Manager | Michael Gialluly |
| Years of Experience | Over 40 years combined |
| Services Offered | Business loans, lines of credit, treasury management, deposit solutions |
| Other Office Locations | Anaheim, Irvine, Torrance, Woodland Hills, Corona, Ontario, Long Beach, San Diego |
FAQ
Q: What is the purpose of the new Loan Production Office in Riverside?
A: The new LPO aims to provide high-caliber banking services and partnership opportunities for local businesses in Riverside and surrounding regions.
Q: Who will lead the Riverside office?
A: David R. Valenzuela has been promoted to Regional Vice President to lead the new office.
Q: What services will be provided at the Riverside LPO?
A: The Riverside LPO will offer business loans, lines of credit, treasury management, and deposit solutions.
Q: How many Loan Production Offices does American Business Bank have in Southern California?
A: American Business Bank operates nine Loan Production Offices across Southern California.
Deeper Dive: News & Info About This Topic
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Author: STAFF HERE SAN DIEGO WRITER
SAN DIEGO STAFF WRITER The SAN DIEGO STAFF WRITER represents the experienced team at HERESanDiego.com, your go-to source for actionable local news and information in San Diego, San Diego 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 Comic-Con International, San Diego County Fair, and San Diego Pride Festival. Our coverage extends to key organizations like the San Diego Regional Chamber of Commerce and United Way of San Diego County, plus leading businesses in biotechnology, healthcare, and technology that power the local economy such as Qualcomm, Illumina, and Scripps Health. As part of the broader HERE network, including HEREAnaheim.com, HEREBeverlyHills.com, HERECostaMesa.com, HERECoronado.com, HEREHollywood.com, HEREHuntingtonBeach.com, HERELongBeach.com, HERELosAngeles.com, HEREMissionViejo.com, and HERESantaAna.com, we provide comprehensive, credible insights into California's dynamic landscape.
