Chief Executive, Director
American Business Bank
Blankstein guides American Business Bank’s long-term strategy as well as its day-to-day operations in his role as chief executive. A founding member of the downtown bank, Blankstein and fellow founders left their posts as senior banking officers at 1st Business Bank following its acquisition by Mellon Financial Corp. in 1997. Since then, American Business Bank has secured over $4 billion in assets. This year, the bank introduced its first share repurchase program up to 227,541 shares to allow for more flexibility in managing its capital. It also expanded its operations late last year with the opening of a new loan production office in San Diego which will provide business loans, credit lines, treasury management and deposit solutions.
YEARS ON LA500: 6
