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Preferred Bank

The Preferred Way to Bank

Founded 1991 United States Los Angeles, United States 262 employees Financial Services, Manufacturing +2

General Information

Company Name Preferred Bank
Founded Year 1991
Location United States Los Angeles, United States
Employees 262
Industries Financial Services, Manufacturing, Real Estate +1
Social

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About Preferred Bank

Preferred Bank is a Californian-based independent commercial bank that has been operating since 1991. With over $6.0 billion in total assets, the bank offers a wide range of banking products and services, including commercial real estate loans, business loans, treasury management, and consumer banking services. It prides itself on its outstanding financial performance, exceptional relationship banking services, and its significant contribution to the community's prosperity and its clients' success.

Ranked as the best performing community bank in the U.S. in its asset size in 2019 and the best performing community bank in California in its asset size in 2020 by S&P Global Market Intelligence, Preferred Bank has gained recognition for its excellence in the financial industry.

With its headquarters in the United States and locations across Southern California, the San Francisco Bay Area, New York, and a Loan Production Office in Houston, TX, the bank has established a significant presence in key financial markets. As an investor, it is worth keeping an eye on Preferred Bank's continued growth and performance, given its strong market positioning and consistent accolades in the industry.

Business keywords: commercial bank, independent bank, banking products, business loans, commercial real estate loans, treasury management, consumer banking services, financial performance, relationship banking, community banking, personalized banking, financial goals, S&P Global Market Intelligence, Los Angeles, banking professionals

No funding data available for Preferred Bank yet.

Preferred Bank Alternatives & Competitors

Preferred Bank vs

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Purpose & Partnership

Venture round
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FAQ About Preferred Bank

The Preferred Way to Bank
Preferred Bank was founded in 1991.
Preferred Bank is headquartered in Los Angeles, United States.
Preferred Bank operates in Financial Services, Manufacturing, Real Estate and Banking. Its work centres on commercial bank, independent bank, banking products and business loans.
Preferred Bank has approximately 262 employees.
Top alternatives and competitors to Preferred Bank include Adirondack Trust Company, Bear State Financial Inc, Old Dominion National Bank, Bank of Hope, American Community Bank. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Preferred Bank and Adirondack Trust Company are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Preferred Bank, https://bouncewatch.com/company/preferred-bank, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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