About Preferred Bank
Preferred Bank was established on December 23, 1991 as a California state chartered bank, insured by the Federal Deposit Insurance Corporation. The initial offering closed December 11, 1991 and was oversubscribed at $20,180,000. We believe that Preferred Bank’s initial capitalization was the largest formation of a state chartered bank in California history.
Preferred Bank is a full service commercial bank with its headquarters located at 601 South Figueroa Street in Downtown Los Angeles. The Headquarters Office is a full service banking office occupying the 48th floor. This facility houses Preferred Bank’s Executive, Finance, Operations and Credit Administration offices, as well as our Commercial, International Loan /Trade Finance and Real Estate Lending groups… Continue reading about Preferred Bank here.
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