Jeffrey Munson has been promoted to executive vice president/chief credit officer of American Business Bank.
A 26-year veteran of the banking industry, Munson has worked for American Business Bank for five years and has been a regional executive vice president since 2021, according to a statement.
In his new position, Munson will manage the bank’s credit administration and oversee its small business and real estate departments.
“Since Jeff’s arrival in 2018, he has been an invaluable contributor to the bank,” said Philip Feghali, bank president, in the statement. “His pragmatism and credit acumen will serve him and the bank well in his new position,”
Los Angeles-based American Business Bank is a full-service institution that operates throughout Southern California, including branch offices in Ontario and Corona.