American Business Bank Promotes Chris Basirico to Regional Executive Vice President

AMERICAN BUSINESS BANK (OTCBB: AMBZ) today proudly announced the
promotion of Chris Basirico to Regional Executive Vice President.

Chris has spent more than 12 years in the banking industry. He joined
American Business Bank in October 2011 as a First Vice President and was
promoted to Regional Vice President of the Inland Empire Regional Office
in April 2016. He has led the Inland Empire loan production office in
Ontario to continued new highs.

“Chris’ business acumen, along with his dedication to service and
genuine care for his clients and our staff, make him one of the
strongest bankers in the Inland Empire,” said Phil Feghali, Executive
Vice President of Corporate Banking.

He effectively leads a team of experienced business bankers who
understand the local market and who specialize in partnering with
businesses to meet their financial needs.

“I am humbled by the opportunity to continue contributing to ABB’s
legacy as the premier middle market business bank in Southern
California,” said Basirico.

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. As Southern California’s 19th largest independent
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, and our Inland Empire
Office in Ontario.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180710005272/en/

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