American Business Bank Announces Retirement of Jon Schlobohm From Board of Directors

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LOS ANGELES--(BUSINESS WIRE)-- AMERICAN BUSINESS BANK (OTCQX: AMBZ) (“ABB”) announced that Jon Schlobohm will retire from the Bank’s Board of Directors, effective at the expiration of his current term.

“Jon has been a valued member of our Board since 1998, the year the Bank was founded, and we are grateful for his years of dedicated service and thoughtful counsel,” said Leon Blankstein, Chief Executive Officer (CEO), President and Director of ABB. “His experience as a business leader and investor has contributed meaningfully to the Bank’s long-term growth and commitment to serving the business community.”

“Jon’s acumen and accomplishments are dwarfed by only one thing - his heart for others. As a Director, he provides guidance with warmth and genuine care and concern,” commented Leon Blankstein, CEO.

Celebrating Jon’s legacy we honor ABB’s Service Professionals of the Year annually, which underscores our ideal of putting others first. The recipients of The Jon Schlobohm Award embody, and practice daily; a servant attitude, genuine care for our clients and employees, and a desire to serve others above themselves. These recipients exemplify our aim to answer the call to care, whatever that may be, whenever it may come.

Mr. Schlobohm retired in 2007 as President of National Corset Supply and now resides in Santa Barbara. Along with his brother, he grew National Corset Supply into one of the largest family-owned garment businesses in the country. A former CPA, Mr. Schlobohm graduated from the University of California, Los Angeles, where he competed on the swim team. He is a private investor.

ABOUT AMERICAN BUSINESS BANK

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. American Business Bank has nine Loan Production Offices in strategic locations including: 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, Riverside County in Downtown Riverside, LA Coastal in Long Beach and North County in San Diego.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260403549337/en/

Karen Schoenbaum
EVP/CFO
(213) 430-4000
www.americanbb.bank

Source: American Business Bank