Riverside, September 3, 2025
News Summary
American Business Bank has inaugurated a new Loan Production Office (LPO) in Downtown Riverside, expanding its services for the regional business community. Led by David R. Valenzuela, the office aims to provide tailored banking solutions, including business loans and treasury management, enhancing support for local businesses’ financial needs while strengthening the bank’s foothold in Southern California.
California: American Business Bank Expands with New Loan Production Office in Riverside
American Business Bank (OTCQX: AMBZ) has officially announced the opening of its new Loan Production Office (LPO) in Downtown Riverside, marking a significant expansion of its operations in Southern California. The new facility, located at 3801 University Ave., Suite 640, is designed to enhance the bank’s ability to serve the regional business community.
To lead this new office, David R. Valenzuela has been appointed as the Regional Vice President. Valenzuela, who has been with American Business Bank since 2017, has made notable contributions to the bank’s success over the years. Alongside him will be Michael Gialluly, who joins Valenzuela as Vice President & Senior Relationship Manager. Together, they bring over 40 years of combined experience in middle market banking, reinforcing the bank’s commitment to fostering strong relationships within the Riverside business sector.
The establishment of the Downtown Riverside LPO aims to provide businesses with a robust suite of banking services, including business loans, lines of credit, treasury management, and tailored deposit solutions. These services are specifically designed to address the evolving needs of local businesses, helping them navigate changing market conditions effectively.
Key Features of the New Office
The introduction of the new Loan Production Office is part of American Business Bank’s strategic plan to expand its footprint and forge meaningful relationships that encourage client growth and confidence. The office is expected to deliver high-caliber service that aligns with the bank’s ethos of providing innovative financial solutions tailored to closely held middle market businesses in Southern California.
Leon Blankstein, the CEO of American Business Bank, expressed enthusiasm regarding this latest expansion, underlining the value of strong local relationships that have been paramount in supporting the bank’s growth initiatives.
Background Context
American Business Bank has been dedicated to serving middle market businesses in Southern California for years. By providing customized solutions for various financing needs, the bank has established itself as a reliable partner for businesses looking for comprehensive financial guidance. The establishment of the new Loan Production Office in Riverside demonstrates a commitment to enhancing client relations and strengthening the bank’s position within the competitive landscape of the banking sector.
This new addition aligns with the bank’s ongoing mission to offer personalized financial services that adapt to the needs of its clients, fostering an environment conducive to business growth.
Conclusion
The opening of the new Loan Production Office in Downtown Riverside, with experienced professionals at the helm, positions American Business Bank to better serve the financial needs of the local business community while reinforcing its ongoing growth and innovation strategies in Southern California.
FAQ
What is the purpose of the new Loan Production Office in Riverside?
The new Loan Production Office aims to provide businesses with high-quality banking services including business loans, lines of credit, treasury management, and tailored deposit solutions designed specifically for the regional business community.
Who will be leading the new office?
David R. Valenzuela has been appointed as the Regional Vice President to lead the new office, and he will be joined by Michael Gialluly as Vice President & Senior Relationship Manager.
What experience do the leaders of the new office have?
David R. Valenzuela and Michael Gialluly together bring over 40 years of combined experience in middle market banking and have strong ties to the Riverside business community.
Key Features Summary
| Feature | Description |
|---|---|
| Location | 3801 University Ave., Suite 640, Downtown Riverside |
| Leadership | David R. Valenzuela (Regional VP), Michael Gialluly (VP & Senior Relationship Manager) |
| Experience | Over 40 years of combined experience in middle market banking |
| Services Offered | Business loans, lines of credit, treasury management, deposit solutions |
| Expansion Goal | Enhance service to local businesses in Southern California |
Deeper Dive: News & Info About This Topic
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Author: Anaheim Staff Writer
Anaheim Staff Writer The Anaheim Staff Writer represents the experienced team at HEREAnaheim.com, your go-to source for actionable local news and information in Anaheim, 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 major conventions at the Anaheim Convention Center, including NAMM and VidCon, exciting games at Angel Stadium and Honda Center, and developments at Disneyland Resort Our coverage extends to key organizations like the Anaheim Chamber of Commerce and Visit Anaheim, plus leading businesses in hospitality, entertainment, and innovation that power the local economy As part of the broader HERE network, including HERECostaMesa.com, HEREHuntingtonBeach.com, HERESantaAna.com, and HERELosAngeles.com, we provide comprehensive, credible insights into Southern California's dynamic landscape.
