
About Preferred Bank
Preferred Bank (NASDAQ:PFBC) offers a variety of banking services focusing on commercial accounts, including real estate and international trade finance, along with other deposit and lending services. Targeting primarily professionals, small to mid-sized businesses, and entrepreneurs, Preferred Bank combines personalized service with technology-driven solutions to meet the diverse needs of its clients. From its headquarters in Los Angeles, California, the bank operates through a network of branches, aiming to expand its presence and services to support the regional economy's growth. With a keen eye on sustainable business practices and community development, Preferred Bank’s objectives include enhancing shareholder value, fostering long-term client relationships, and contributing positively to the communities it serves.
Snapshot
Operations
Products and/or services of Preferred Bank
- Commercial Lending services offering diverse financial solutions to businesses.
- Treasury Management to optimize clients' cash flow and liquidity.
- Personal Banking services including checking, savings, and loan products.
- International Banking with foreign exchange and trade finance services.
- Online and Mobile Banking for convenient account access and management.
- Real Estate Financing providing custom solutions for purchasing and refinancing.
Preferred Bank executive team
- Mr. Li YuChairman, CEO & Corporate Secretary
- Mr. Wellington ChenPresident & COO
- Mr. Edward J. CzajkaExecutive VP & CFO
- Mr. Nick PiExecutive VP & Chief Risk Officer
- Mr. Johnny HsuExecutive VP & Deputy COO
- Mr. Robert J. KosofExecutive Vice President of Commercial Lending
- Ms. Sandy HoExecutive VP & Regional Manager
- Ms. Stella ChenSenior Vice President
- Erika ChiExecutive Vice President
- Mr. Ted HsuExecutive Vice President