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Preferred Bank overview

Industry
Finance
Revenue
Headquarters
Employees
120
Founded in
Website
Organization type
Public
At Preferred Bank, we truly believe we are The Preferred Way to Bank. Since 1991, Preferred Bank has served the financial needs of its valued customers and communities. Our Headquarters office located in Downtown Los Angeles, along with our additional ten full service branches in Alhambra, Torrance, Century City, Irvine, City of Industry, Arcadia, Diamond Bar, Anaheim, Pico Rivera and San Francisco, Preferred Bank offers personalized banking options to both consumers and businesses. Our team of seasoned banking professionals offer a full line of banking products and services in addition to commercial, international and real estate lending solutions. We can give you the personalized one-on-one service that you are looking for and is often lacking in today's big banks.
The staff at Preferred Bank come from unusually diverse demographic backgrounds. The company is 67.3% female and 55.8% ethnic minorities. Preferred Bank employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 53.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Preferred Bank seem to be happy. The company has great employee retention with staff members usually staying for 4.7 years.
Based in Los Angeles, CA, Preferred Bank is a small finance company with only 120 employees and an annual revenue of $921.5M.

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The team at Preferred Bank

  • The key people at Preferred Bank is Yu Li.
Key people
Yu Li

Preferred Bank rankings

Preferred Bank is ranked #20 on the Best Finance companies to work for in Los Angeles, CA list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Preferred Bank salaries

Average Preferred Bank salary
$41,816
yearly
$20.10 hourly
Updated March 14, 2024

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Preferred Bank diversity

9.8
Diversity score
We calculated Preferred Bank’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Preferred Bank’s workforce.
Preferred Bank diversity summary. Zippia estimates Preferred Bank's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Preferred Bank's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Preferred Bank's workforce.
  • Preferred Bank has 120 employees.
  • 67% of Preferred Bank employees are women, while 33% are men.
  • The most common ethnicity at Preferred Bank is White (44%).
  • 22% of Preferred Bank employees are Asian.
  • 22% of Preferred Bank employees are Hispanic or Latino.
  • The average employee at Preferred Bank makes $41,816 per year.
  • Preferred Bank employees are most likely to be members of the democratic party.
  • Employees at Preferred Bank stay with the company for 4.7 years on average.

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Preferred Bank office locations

Preferred Bank is headquartered in Los Angeles, CA

Biggest Preferred Bank locations

RankCityJob countAvg. salary
1Irvine, CA4$44,739

Preferred Bank financial performance

9.7
Performance score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Preferred Bank currently has 921.5M in revenue. Preferred Bank's most recent quarter produced 314.5m (q2'2023).

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Zippia gives an in-depth look into the details of Preferred Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Preferred Bank. The employee data is based on information from people who have self-reported their past or current employments at Preferred Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Preferred Bank. The data presented on this page does not represent the view of Preferred Bank and its employees or that of Zippia.

Preferred Bank may also be known as or be related to Preferred Bank.