Downtown Riverside, September 3, 2025
News Summary
American Business Bank has opened a new Loan Production Office in Downtown Riverside to better serve local businesses. Located at 3801 University Ave., the office aims to provide customized financial solutions. David R. Valenzuela has been appointed as Regional Vice President to lead the new office along with Michael Gialluly, who will serve as Vice President & Senior Relationship Manager. This expansion underscores the bank’s commitment to fostering local partnerships and supporting the economic growth of the Riverside community.
California
American Business Bank has announced the opening of its new Loan Production Office (LPO) in Downtown Riverside, marking a significant expansion in Southern California. The new office is strategically situated at 3801 University Ave., Suite 640, and aims to enhance the bank’s ability to serve local businesses by offering customized financial solutions tailored to their needs.
To lead this new location, David R. Valenzuela has been promoted to Regional Vice President. Valenzuela joined American Business Bank in 2017, and his leadership is expected to drive the success of this office. Alongside him, Michael Gialluly will assume the role of Vice President & Senior Relationship Manager. Together, Valenzuela and Gialluly bring over 40 years of combined experience in middle market banking, fostering strong ties within the Riverside business community.
American Business Bank CEO Leon Blankstein expressed enthusiasm for the growth represented by this new LPO. He highlighted the importance of building strong local relationships that facilitate the bank’s expansion. The new office is expected to serve businesses by providing high-caliber service and partnership, ensuring that clients feel supported in navigating market changes.
Services Offered
The Downtown Riverside Loan Production Office will focus on providing a range of financial services specifically aimed at regional business needs. Some of the key services that will be available include:
- Business loans
- Lines of credit
- Treasury management
- Deposit solutions
American Business Bank is committed to delivering innovative financial solutions that assist closely held middle market businesses in Southern California. This strategic expansion is part of the bank’s broader initiative to forge meaningful relationships that foster client growth and confidence.
Background of American Business Bank
Founded to cater to the unique needs of middle market businesses, American Business Bank has focused on delivering customized financial solutions suitable for various financing challenges. This new location in Downtown Riverside is a testament to their commitment to expanding their reach and providing essential support to local businesses.
The establishment of the new Loan Production Office underscores American Business Bank’s dedication to enhancing its service portfolio while reinforcing its commitment to the Riverside area. The bank aims to be a reliable partner for businesses, adapting to their evolving needs in a competitive market.
Conclusion
With the opening of its Downtown Riverside office and the leadership of David R. Valenzuela, American Business Bank is poised to make a positive impact on the local business community. By offering tailored financial services and fostering close partnerships, the bank aims to contribute to the economic growth of the region.
FAQ
What is the purpose of the new Loan Production Office in Riverside?
The new Loan Production Office aims to provide tailored financial services to local businesses, including loans, lines of credit, treasury management, and deposit solutions.
Who is leading the new office?
David R. Valenzuela has been appointed as Regional Vice President to lead the new Loan Production Office in Downtown Riverside.
What is American Business Bank’s focus?
American Business Bank focuses on serving closely held middle market businesses in Southern California, delivering customized financial solutions for various financing needs.
How much experience do the leaders of the new LPO have?
David R. Valenzuela and Michael Gialluly have over 40 years of combined experience in middle market banking.
Key Features of the New Loan Production Office
| Feature | Description |
|---|---|
| Location | 3801 University Ave., Suite 640, Downtown Riverside |
| Leadership | David R. Valenzuela as Regional Vice President |
| Other Key Personnel | Michael Gialluly as Vice President & Senior Relationship Manager |
| Experience | Over 40 years of combined experience in banking |
| Services Provided | Business loans, lines of credit, treasury management, deposit solutions |
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Author: STAFF HERE BEVERLY HILLS WRITER
The Beverly Hills Staff Writer represents the experienced team at HEREBeverlyHills.com, your go-to source for actionable local news and information in Beverly Hills, Los Angeles 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 Rodeo Drive Concours d'Elegance, the Beverly Hills artSHOW, Concerts on Canon, and holiday celebrations throughout the city. Our coverage extends to key organizations like the Beverly Hills Chamber of Commerce and Visit Beverly Hills, plus leading businesses in luxury fashion, hospitality, and entertainment that drive the local economy. As part of the broader HERE network, including HERELosAngeles.com, HERESantaAna.com, HEREHuntingtonBeach.com, and HERECostaMesa.com, we provide comprehensive, credible insights into Southern California's dynamic landscape.
