Preferred Bank

Preferred Bank offers banking products and services to small and mid-sized businesses, entrepreneurs, real estate developers, professionals, and high net worth individuals. It accepts checking, savings, and money market deposit accounts; fixed-rate and fixed maturity retail and non-retail certificates of deposit; and individual retirement accounts. The bank provides real estate mortgage loans secured by various property types, real estate construction loans, commercial loans, and small business administration loans. It also offers trade finance services, cash management services, and internet, mobile, and tablet banking. Incorporated in 1991, the company is headquartered in Los Angeles, California.