American Business Bank Opens New Office in Riverside, CA

Riverside, California, September 4, 2025

News Summary

American Business Bank has officially launched a new Loan Production Office in Downtown Riverside, California, aimed at enhancing its services to local businesses. The office, located at 3801 University Ave., will be led by David R. Valenzuela and Michael Gialluly, who bring over 40 years of combined banking experience. This expansion reinforces the bank’s commitment to providing personalized financial solutions such as business loans and treasury management to the Southern California market.

Riverside, California Expands Financial Services with New Office

American Business Bank (OTCQX: AMBZ) has launched a new Loan Production Office (LPO) in Downtown Riverside, California, located at 3801 University Ave., Suite 640. This strategic expansion enhances the bank’s presence across Southern California and aims to provide tailored financial services to meet the needs of local businesses.

The Riverside office, under the leadership of David R. Valenzuela, who has been promoted to Regional Vice President, will focus on serving businesses seeking personalized service and high-quality partnerships. Valenzuela’s appointment reflects the bank’s confidence in his abilities and local connections, which are expected to be key to the office’s success.

Leadership and Experience

In addition to Valenzuela, Michael Gialluly has been appointed Vice President & Senior Relationship Manager at the new office. Together, Valenzuela and Gialluly bring over 40 years of experience in middle market banking, providing a wealth of knowledge to the local business community.

Both executives have strong ties to Riverside, which they hope to leverage as the bank’s new office aims to foster growth among businesses in the area.

Services Offered

The Riverside LPO is set to offer a comprehensive range of financial solutions, including business loans, lines of credit, treasury management, and deposit solutions. American Business Bank prides itself on delivering flexible and innovative financial solutions that support business growth.

The strategic expansion reflects ABB’s commitment to closely held middle-market businesses in Southern California, allowing them to access a spectrum of customized financial solutions. The bank’s experienced bankers will provide guidance on critical areas such as cash flow management, growth financing, and succession planning.

Current Operations

American Business Bank, headquartered in downtown Los Angeles, operates a total of nine Loan Production Offices in key locations across Southern California. The new Riverside office adds to the already established presence in regions such as 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, and North County in San Diego.

Conclusion

This latest expansion marks a notable enhancement in American Business Bank’s effort to support local businesses in Riverside. By establishing a physical presence in the region, the bank aims to foster strong relationships with its clients and assist them in achieving their financial goals.

FAQs

Key Features of the Riverside Loan Production Office

Deeper Dive: News & Info About This Topic

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• Wikipedia: Loan Production Office

Author: here-intlog