Preferred Bank

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Preferred Bank is a commercial bank that offers a range of financial products and services to individuals, businesses, and government entities. The bank was founded in 1991 and is headquartered in Los Angeles, California. It operates as a subsidiary of Preferred Bancshares Inc.
The bank has a network of 13 branches located throughout California, as well as loan production offices in California, Texas, and Washington. It offers a variety of banking services, including checking and savings accounts, loans, credit cards, and online banking.
Preferred Bank focuses on providing personalized and responsive customer service, and its mission is to be the preferred financial partner for its clients. It prides itself on being a community-oriented bank, with a commitment to supporting local businesses and organizations.
The bank has received several accolades and awards for its financial performance and customer service, including being named a “Best Bank in California” by Forbes Magazine and receiving a 5-star rating from Bauer Financial, Inc.
Preferred Bank is also dedicated to promoting diversity and inclusion within its workforce and the communities it serves. It has been recognized for its efforts in this area, including being named a “Best Place to Work for LGBTQ Equality” by the Human Rights Campaign Foundation.
In addition to its products and services, Preferred Bank also offers various resources and educational materials on its website to help customers make informed financial decisions. It also has a strong commitment to financial literacy, providing financial education programs for children and adults in the communities it serves.
Overall, Preferred Bank is a customer-focused, community-oriented financial institution with a strong commitment to excellence and inclusivity.

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See Company Q&A