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American Business Bank Announces New Loan Production Office in Riverside County, California

September 20, 2018

LOS ANGELES--(BUSINESS WIRE)--Sep 20, 2018--AMERICAN BUSINESS BANK (OTCBB: AMBZ) today announced its expansion into Riverside County with the opening of its new Loan Production Office located at 1250 Corona Pointe Court, Suite 303 in Corona, California. American Business Bank is well poised to meet the growing demand of businesses in Riverside County with experienced business bankers who understand the local market and who specialize in partnering with businesses to meet their financial needs.

“Since the Bank’s inception two decades ago, Riverside County has been a growing market for American Business Bank where we wanted a local office and look forward to serving this rapidly growing region of the Inland Empire,” said Leon Blankstein, President and CEO at American Business Bank.

American Business Bank successfully recruited three highly qualified bankers who previously worked together. Led by veteran Inland Empire business banker Keith R. Cerwinski, Regional Vice President, the Riverside-Corona team includes two seasoned Vice President/Relationship Managers, Scott R. Lundberg and David R. Valenzuela. “As a relationship bank, we are very pleased to have hired this experienced local team of bankers. We are confident that they understand the dynamics of this region and will readily meet the needs of businesses in the greater Riverside county marketplace,” said Phil Feghali, Executive Vice President.

American Business Bank provides a full spectrum of financial solutions for businesses and has specialists to help businesses manage cash flow, finance growth and consult with business owners on major projects or issues. The Bank’s management is pleased to offer a high level of value added services to customers and prospects at our new Riverside County regional office. As Southern California’s 18 th largest independent business bank, the Bank is well positioned to help businesses of all sizes with their cash management and credit needs.

AMERICAN BUSINESS BANK, headquartered in downtown Los Angeles, offers a wide range of financial services to the business marketplace. Clients include wholesalers, manufacturers, service businesses, professionals and non-profits. The Bank has opened five Loan Production Offices in strategic areas including our North Orange County Office in Anaheim, our Orange County Office in Irvine, our South Bay Office in Torrance, our San Fernando Valley Office in the Warner Center, our San Bernardino County Office in Ontario, and our Riverside County Office in Corona.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180920005177/en/

CONTACT: American Business Bank

Karen Schoenbaum

CFO

(213) 430-4000

www.americanbusinessbank.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: SMALL BUSINESS PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: American Business Bank

Copyright Business Wire 2018.

PUB: 09/20/2018 09:05 AM/DISC: 09/20/2018 09:05 AM

http://www.businesswire.com/news/home/20180920005177/en

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