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
What services will the new Loan Production Office in Riverside offer?
The Riverside LPO will offer services including business loans, lines of credit, treasury management, and deposit solutions.
Who has been appointed to lead the new Riverside office?
David R. Valenzuela has been promoted to Regional Vice President to lead the new Riverside office.
How many Loan Production Offices does American Business Bank have?
American Business Bank operates a total of nine Loan Production Offices across Southern California.
Key Features of the Riverside Loan Production Office
| Feature | Description |
|---|---|
| Location | 3801 University Ave., Suite 640, Riverside, CA |
| Leadership | David R. Valenzuela – Regional VP; Michael Gialluly – VP & Senior Relationship Manager |
| Experience | 40+ years combined experience in middle market banking |
| Services | Business loans, lines of credit, treasury management, deposit solutions |
Deeper Dive: News & Info About This Topic
- American Business Bank Opens New Loan Production Office in Downtown Riverside, California
- American Business Bank Receives Regulatory Approval on Second Stock Repurchase Program
- American Business Bank Declares Cash Dividend
- Riverside Joins Nationwide Workers over Billionaires Labor Day Protests
- Wikipedia: Loan Production Office
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MISSION VIEJO STAFF WRITER The MISSION VIEJO STAFF WRITER represents the experienced team at HEREMissionViejo.com, your go-to source for actionable local news and information in Mission Viejo, 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 Oso Fit 5K Fun Run and Community Health Fair, Walk Against Drugs & Community Fair, and National Night Out. Our coverage extends to key organizations like the Mission Viejo Chamber of Commerce and Providence Mission Hospital Mission Viejo, plus leading businesses in retail and education that power the local economy such as The Shops at Mission Viejo, Capistrano Unified School District, and Amazon Delivery Station. As part of the broader HERE network, including HEREAnaheim.com, HEREBeverlyHills.com, HERECostaMesa.com, HERECoronado.com, HEREHollywood.com, HEREHuntingtonBeach.com, HERELongBeach.com, HERELosAngeles.com, HERESanDiego.com, and HERESantaAna.com, we provide comprehensive, credible insights into California's dynamic landscape.
