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Preferred Bank operates as an independent commercial bank, which focuses on the Chinese-American market. It provide personalized deposit services as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high net worth individuals. The company's loan portfolio is comprised in the following categories: real estate mini-perm loans, real estate construction loans, commercial loans, and trade finance. It also offers Internet banking services. Preferred Bank was founded by Li Yu on December 23, 1991 and is headquartered in Los Angeles, CA.
|Li Yu||Chairman & Chief Executive Officer|
|Wellington Chen||President, Chief Operating Officer & Senior EVP|
|Edward J. Czajka||CFO, Executive VP & Head-Investor Relations|
|Lucilio M. Couto||Chief Credit Officer & Executive Vice President|