Market Perspectives

Going Above & Beyond
For Your Business

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“Coming Together Is A Beginning, Staying Together Is Progress, Working Together Is Success.”

— Henry Ford

As strategic partners, we roll up our sleeves, lead with action and share success side-by side. Our passion is driven by knowledge, that’s why we stay educated on cutting edge industry trends and economic news, as well as cyber security and internet fraud measures that directly impact our clients’ businesses. By leveraging our broad industry expertise, we can keep clients abreast of the latest manufacturing trends, changes to the economic climate and forward-looking growth opportunities across a variety of sectors.

PRESS RELEASES

May 30, 2023

abb-in-the-know

American Business Bank Promotes Jeffrey Munson to Chief Credit Officer

Today AMERICAN BUSINESS BANK (OTCQX: AMBZ) is proud to announce the promotion of Jeffrey Munson to Executive Vice President, Chief Credit Officer of the Bank. In his new role Munson will manage Credit Administration, along with the SBA and Real Estate departments for the Bank.

May 19, 2023

abb-in-the-know

American Business Bank Promotes Philip Feghali To President

Today AMERICAN BUSINESS BANK (OTCQX: AMBZ) is proud to announce the promotion of Philip Feghali to President of the bank. In his new role Feghali will oversee Credit Administration and Human Resources for the Bank.

Mar 24, 2023

abb-in-the-know

American Business Bank Ranked 4^th in Top 50 Community Banks With Assets Between $3 Billion and $10 Billion For FYE 2022

“We are immensely grateful for the bank’s remarkable performance of 2022,” said Leon Blankstein, President and Chief Executive Officer of ABB.

Mar 29, 2022

abb-in-the-know

American Business Bank Ranked in Top 50 Community Banks With Assets Between $3 Billion and $10 Billion for 2021

“We are grateful to be recognized for the bank’s exceptional performance of 2021,” said Leon Blankstein, Chief Executive Officer and President of ABB.

Feb 28, 2022

abb-in-the-know

American Business Bank Promotes Gary Cook to Regional Executive Vice President, Real Estate Manager

ABB proudly announced today the promotion of Gary Cook to Regional Executive Vice President and Real Estate Manager. Cook joined American Business Bank (ABB) in November 2017 as a Senior Vice President, Real Estate Officer. Cook has 34 years of Real Estate banking experience at various financial institutions.

Oct 04, 2021

abb-in-the-know

American Business Bank Announces New Loan Production Office in Long Beach, California

ABB announced its further expansion with the addition of its Long Beach Regional Office. The new Loan Production Office is located at 5000 East Spring Street, Suite 570 in Long Beach, California.

Sep 15, 2021

abb-in-the-know

ABB Promotes Jeff Munson to Regional Executive Vice President

American Business Bank (OTCQX: AMBZ) proudly announced the promotion of Jeff Munson to Regional Executive Vice President of the San Fernando Valley Regional office. Munson joined American Business Bank in May 2018 as a Regional Vice President of the San Fernando Valley Regional office. Munson has 24 years of banking experience at various financial institutions.

Jun 29, 2021

latest-investor-news

ABB Announces Stock Dividend

American Business Bank (OTCQX:AMBZ) announced today that its Board of Directors has declared a ten percent stock dividend per common share. The stock dividend is payable on July 22, 2021 to stock holders of record at the close of business on June 23, 2021.

May 12, 2021

abb-in-the-know

Donations to Child360 Provide Food Assistance to Children and Families Facing Economic Hardship

American Business Bank (OTCQX: AMBZ) donated $5,000 to Child360, a Los Angeles non-profit that provides holistic support to children ages 0-5.

Mar 03, 2021

abb-in-the-know

ABB lends most dollars to small businesses through state lending program in fiscal year 2020

Jan 04, 2021

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American Business Bank donates $40,000 to local food banks and homeless shelters

American Business Bank donates $40,000 to five homeless shelters and food banks which will help provide meals, temporary shelter, and services to those in need living in communities throughout Greater Los Angeles, Orange County, and the Inland Empire.

Oct 20, 2020

abb-in-the-know

ABB Awards Weingart Center AHEAD Program Grant

American Business Bank announces the award of a $37,500 Access to Housing and Economic Assistance Development (AHEAD) grant to the Weingart Center Association’s Transitional Housing for the Homeless Program.

Sep 03, 2020

abb-in-the-know

Distinguished Senior Advisor, K. Brian Horton, Joins ABB

Los Angeles, California, September 3, 2020. AMERICAN BUSINESS BANK (OTCQX: AMBZ) today is pleased to announce that K. Brian Horton has joined the Bank as a Senior Advisor.

COVID-19 UPDATES

May 30, 2020

covid-19

The Post Covid 19 Economy – Beacon Economics

The good news is that the number of new, confirmed cases of Coronavirus in the United States has, at least for now, peaked and appears to be falling. Stay-at-home mandates across the nation have been having their intended effect…

May 14, 2020

covid-19

Covington Capital Management – Municipal Bond Market

Historically, the municipal bond market or the “muni market,” has remained fairly quiet and stable. That was until March 2020 when investors, worried about the impact of COVID-19 on the markets sold a record amount of muni bonds and muni bond funds.

PPP UPDATES

Feb 14, 2021

ppp-updates

NEW PPP Loan Forgiveness Calculation Model

Dated February 14, 2021 [revised per SBA]

EZ Form Forgiveness Model [if filing using the EZ form]

Dated March 22, 2021

Jan 25, 2021

ppp-updates

PPP Forgiveness FAQ Library

The FAQ library is categorized to make navigating PPP information as easy as possible. Current update reflects information on PPP 1st DRAW, PPP 2nd DRAW, and PPP FORGIVENESS.

Jan 22, 2021

ppp-updates

ABB and Armanino Webinar – All About PPP 2.0

Click here to view the ABB and Armanino Webinar

Jul 01, 2020

ppp-updates

Instruction Manual: PPP Forgiveness Model Calculator

Version 1 dated July 1, 2020

Jul 01, 2020

ppp-updates

“How To” Video: PPP Forgiveness Model Calculator

Click here to download the video (1.1 GB MP4).
Click Read More to stream the video on Youtube.

Jul 01, 2020

ppp-updates

ABB and Armanino PPP Forgiveness Webinar Deck Download

Download the ABB & Armanino PPP Forgiveness Instructional Webinar Deck.

Jul 01, 2020

ppp-updates

ABB and Armanino PPP Forgiveness Webinar

Click here to view the PPP Forgiveness Webinar with ABB and Armanino

Jun 11, 2020

ppp-updates

PPP Forgiveness and Implications of the Flexibility Act Webinar Recording

Webinar Playback – ABB and Armanino present a presentation on PPP forgiveness and implications of the Flexibility Act.

Jun 10, 2020

ppp-updates

PPP Forgiveness and Implications of the Flexibility Act

ABB and Armanino present a presentation on PPP Forgiveness and Implications of the Flexibility Act.

May 31, 2020

ppp-updates

Are you prepared for PPP forgiveness?

The facts about Payroll Protection Program & how to make sure you qualify for loan forgiveness

Expert Views

May 14, 2020

expert-views

How to Adopt Transformational Technology & Still Keep Your Business Running

It’s remarkable how many food and beverage manufacturers are still using antiquated software platforms to manage the range of data and details across their businesses.

May 14, 2020

expert-views

Smart marketing practices for economic slowdowns

While most sectors are still benefiting from the strength of our current economic climate, many economists speculate of an impending slowdown—or worse.

Going Above & Beyond For Your Business

Good people know good people — and we want to know you. Let's get started: