American Business Bank Announces Retirement of Board Member

Jon Schlobohm to step down after serving on the bank's board since its founding in 1998.

Apr. 3, 2026 at 1:05pm

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A minimalist studio still life photograph featuring a polished wooden gavel, a leather-bound ledger, and a brass nameplate on a clean, monochromatic background, symbolizing the formal governance and financial oversight responsibilities of a corporate board of directors.The retirement of a long-serving board member signals a transition in corporate governance and a shift in strategic leadership for the bank.San Diego Today

American Business Bank (ABB) announced that Jon Schlobohm, a long-serving member of the bank's board of directors, will retire from the board effective at the expiration of his current term. Schlobohm has been on the board since the bank was founded in 1998 and his experience as a business leader and investor has contributed significantly to the bank's growth and commitment to serving the local business community.

Why it matters

Schlobohm's retirement from the ABB board marks the end of an era for the bank, as he has been there since its inception and has played a key role in guiding the organization. His departure will leave a void that the bank will need to fill with a new board member who can provide similar strategic leadership and community-focused vision.

The details

Jon Schlobohm retired in 2007 as President of National Corset Supply, a family-owned garment business he helped grow into one of the largest in the country. He has served on the ABB board of directors since the bank was founded in 1998. As a board member, Schlobohm provided guidance 'with warmth and genuine care and concern,' according to ABB CEO Leon Blankstein. To honor Schlobohm's legacy, the bank annually presents 'The Jon Schlobohm Award' to an employee who embodies the values of servant leadership and putting others first.

  • Schlobohm will retire from the ABB board effective at the expiration of his current term.

The players

Jon Schlobohm

A former president of National Corset Supply who has served on the American Business Bank board of directors since the bank's founding in 1998.

Leon Blankstein

The Chief Executive Officer, President and Director of American Business Bank.

American Business Bank

A commercial bank headquartered in downtown Los Angeles that offers a wide range of financial services to businesses in Southern California.

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What they’re saying

“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.”

— Leon Blankstein, Chief Executive Officer, President and Director

“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.”

— Leon Blankstein, Chief Executive Officer, President and Director

What’s next

The bank will need to identify and appoint a new board member to replace Jon Schlobohm and continue providing strategic leadership and community-focused vision.

The takeaway

Schlobohm's retirement from the ABB board after nearly 25 years of service marks the end of an era for the bank. His departure will leave a void that the organization will need to fill with a new board member who can provide similar guidance and embody the bank's values of servant leadership and putting others first.