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American Business Bank Supports Seven Local Charities Serving LA Fire Victims

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American Business Bank (OTCQX: AMBZ) has donated $70,000 to seven non-profit organizations supporting communities affected by recent Southern California fires. The Federal Home Loan Bank of San Francisco provided an additional $50,000 in matching funds, bringing the total donation to $120,000.

The beneficiary organizations include the American Red Cross, Baby2Baby, California Fire Foundation, Habitat for Humanity Los Angeles Rebuild LA Fund, Hope the Mission, LA Fire Department Foundation, and the Pasadena Community Foundation. These organizations are supporting residents impacted by the Palisades and Eaton fires, which destroyed over 10,000 homes and displaced tens of thousands of people.

Additionally, American Business Bank staff organized a Teddy Bear Drive, donating 270 teddy bears to children affected by the Los Angeles fires in the Eaton and Palisades communities.

American Business Bank (OTCQX: AMBZ) ha donato 70.000 dollari a sette organizzazioni senza scopo di lucro che supportano le comunità colpite dai recenti incendi nel sud della California. La Federal Home Loan Bank di San Francisco ha fornito ulteriori 50.000 dollari in fondi di corrispondenza, portando il totale della donazione a 120.000 dollari.

Le organizzazioni beneficiarie includono American Red Cross, Baby2Baby, California Fire Foundation, Habitat for Humanity Los Angeles Rebuild LA Fund, Hope the Mission, LA Fire Department Foundation e Pasadena Community Foundation. Queste organizzazioni stanno supportando i residenti colpiti dagli incendi di Palisades ed Eaton, che hanno distrutto oltre 10.000 case e sfollato decine di migliaia di persone.

Inoltre, il personale di American Business Bank ha organizzato una raccolta di orsetti di peluche, donando 270 orsetti a bambini colpiti dagli incendi di Los Angeles nelle comunità di Eaton e Palisades.

American Business Bank (OTCQX: AMBZ) ha donado 70,000 dólares a siete organizaciones sin fines de lucro que apoyan a las comunidades afectadas por los recientes incendios en el sur de California. La Federal Home Loan Bank de San Francisco proporcionó otros 50,000 dólares en fondos de contrapartida, llevando la donación total a 120,000 dólares.

Las organizaciones beneficiarias incluyen American Red Cross, Baby2Baby, California Fire Foundation, Habitat for Humanity Los Angeles Rebuild LA Fund, Hope the Mission, LA Fire Department Foundation y Pasadena Community Foundation. Estas organizaciones están apoyando a los residentes afectados por los incendios de Palisades y Eaton, que destruyeron más de 10,000 hogares y desplazaron a decenas de miles de personas.

Además, el personal de American Business Bank organizó una colecta de ositos de peluche, donando 270 ositos a niños afectados por los incendios de Los Ángeles en las comunidades de Eaton y Palisades.

아메리칸 비즈니스 뱅크 (OTCQX: AMBZ)는 최근 남부 캘리포니아 화재로 피해를 입은 커뮤니티를 지원하는 7개의 비영리 단체에 70,000달러를 기부했습니다. 샌프란시스코 연방 주택 대출 은행은 추가로 50,000달러의 매칭 기금을 제공하여 총 기부액을 120,000달러로 늘렸습니다.

수혜 단체에는 미국 적십자사, Baby2Baby, 캘리포니아 화재 재단, 휴먼 인류를 위한 주택, 희망 미션, 로스앤젤레스 소방서 재단, 파사데나 커뮤니티 재단이 포함됩니다. 이들 단체는 10,000채 이상의 주택이 파괴되고 수만 명이 이재민이 된 팔리세이드와 이튼 화재로 영향을 받은 주민들을 지원하고 있습니다.

또한, 아메리칸 비즈니스 뱅크 직원들은 테디베어 기부 운동을 조직하여 이튼과 팔리세이드 지역 화재로 피해를 입은 아이들에게 270개의 테디베어를 기부했습니다.

American Business Bank (OTCQX: AMBZ) a fait don de 70 000 dollars à sept organisations à but non lucratif soutenant les communautés touchées par les récents incendies dans le sud de la Californie. La Federal Home Loan Bank de San Francisco a fourni 50 000 dollars supplémentaires en fonds de contrepartie, portant le total des dons à 120 000 dollars.

Les organisations bénéficiaires incluent American Red Cross, Baby2Baby, California Fire Foundation, Habitat for Humanity Los Angeles Rebuild LA Fund, Hope the Mission, LA Fire Department Foundation et Pasadena Community Foundation. Ces organisations soutiennent les résidents touchés par les incendies de Palisades et d'Eaton, qui ont détruit plus de 10 000 maisons et déplacé des dizaines de milliers de personnes.

De plus, le personnel d'American Business Bank a organisé une collecte d'ours en peluche, faisant don de 270 ours à des enfants touchés par les incendies de Los Angeles dans les communautés d'Eaton et de Palisades.

American Business Bank (OTCQX: AMBZ) hat 70.000 Dollar an sieben gemeinnützige Organisationen gespendet, die Gemeinschaften unterstützen, die von den jüngsten Bränden in Südkalifornien betroffen sind. Die Federal Home Loan Bank von San Francisco stellte zusätzlich 50.000 Dollar an Matching-Fonds zur Verfügung, was die Gesamtsumme der Spende auf 120.000 Dollar erhöht.

Zu den begünstigten Organisationen gehören American Red Cross, Baby2Baby, California Fire Foundation, Habitat for Humanity Los Angeles Rebuild LA Fund, Hope the Mission, LA Fire Department Foundation und Pasadena Community Foundation. Diese Organisationen unterstützen die von den Bränden in Palisades und Eaton betroffenen Anwohner, die über 10.000 Häuser zerstört und Zehntausende von Menschen vertrieben haben.

Darüber hinaus organisierte das Personal der American Business Bank eine Teddy-Bär-Aktion und spendete 270 Teddybären an Kinder, die von den Bränden in Los Angeles in den Gemeinschaften Eaton und Palisades betroffen sind.

Positive
  • Demonstrates strong community engagement and corporate social responsibility
  • Successfully leveraged partnership with FHLBank San Francisco to increase donation impact
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LOS ANGELES--(BUSINESS WIRE)-- AMERICAN BUSINESS BANK (OTCQX: AMBZ) donates $70,000 to seven non-profit organizations serving the communities directly affected by the recent Southern California fires in January. The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) contributed an additional $50,000 in matching funds, bringing American Business Bank’s donation total to $120,000.

The organizations benefitting from these donated funds include the American Red Cross, Baby2Baby, California Fire Foundation, Habitat for Humanity Los Angeles Rebuild LA Fund, Hope the Mission, LA Fire Department Foundation, and the Pasadena Community Foundation. These organizations provide support to residents who suffered losses from the Palisades and Eaton fires.

“It was an innate response for the Bank and its staff to extend support to the affected communities, and through the wonderful work by these organizations, we are grateful to be part of their efforts to help victims rebuild and recover from such horrible disasters,” said Leon Blankstein, Chief Executive Officer and Director of American Business Bank.

American Business Bank is proud to be associated with all seven of these nonprofits and support their impact for relief from the devastation of the Southern California Wildfires. The funds provided make it possible for these charities to respond within 48 hours of the crisis. “It is this kind of responsiveness that aligns with ABB’s core values,” stated Bruce Gumbiner, SVP and CRA Officer of American Business Bank.

“We are thankful to all of the first responders for their bravery and perseverance in battling the devastating wildfires in Southern California that destroyed over 10,000 homes and displaced tens of thousands of people,” said Joe Amato, interim president and CEO, and chief financial officer with FHLBank San Francisco. “As the region begins a lengthy rebuilding effort, we will continue to partner with our members, including American Business Bank, to work with community stakeholders to deliver much needed grants and funding to local organizations that serve a vital role in local community relief and recovery efforts.”

Additionally, American Business Bank staff members extended their support with a Teddy Bear Drive event. Staff collectively donated 270 teddy bears to the children affected by the Los Angeles fires. Staff members personally delivered the bears to two schools in the Eaton and Palisades communities. Many children in these communities lost their belongings due to the fires and through this special contribution the children can find comfort and healing from their new teddy bear.

ABOUT FHLBANK SAN FRANCISCO

The Federal Home Loan Bank of San Francisco is a member-driven cooperative helping local lenders in Arizona, California, and Nevada build strong communities, create opportunity, and change lives for the better. The tools and resources we provide to our member financial institutions — commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions — propel homeownership, finance quality affordable housing, drive economic vitality, and revitalize whole neighborhoods. Together with our members and other partners, we are making the communities we serve more vibrant, equitable, and resilient.

ABOUT AMERICAN BUSINESS BANK

American Business Bank provides a full spectrum of financial solutions for businesses and nonprofit organizations and has specialists to help companies manage cash flow, financial growth and assist with business solutions. 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 eight 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, Riverside County in Corona, Inland Empire in Ontario, LA Coastal in Long Beach and San Diego.

Karen Schoenbaum

EVP/CFO

(213) 430-4000

www.americanbb.bank

Source: American Business Bank

FAQ

How much did American Business Bank (AMBZ) donate to Southern California fire victims?

American Business Bank donated $70,000, with an additional $50,000 matching funds from FHLBank San Francisco, totaling $120,000 in donations.

Which organizations received donations from AMBZ for fire relief?

Seven organizations received donations: American Red Cross, Baby2Baby, California Fire Foundation, Habitat for Humanity LA, Hope the Mission, LA Fire Department Foundation, and Pasadena Community Foundation.

What was the impact of the Southern California fires that AMBZ is helping with?

The Palisades and Eaton fires destroyed over 10,000 homes and displaced tens of thousands of people in Southern California.

What additional community support did AMBZ provide beyond monetary donations?

AMBZ staff organized a Teddy Bear Drive, collecting and personally delivering 270 teddy bears to children in affected schools in the Eaton and Palisades communities.
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