Preferred Bank salaries

Q: What is the starting pay at Preferred Bank?

The starting pay at Preferred Bank is $18,000 per year, or $8.65 per hour.

Q: How much does Preferred Bank pay an hour?

Preferred Bank pays $20.10 an hour, on average.

Zippia score 4.4

Preferred Bank salary estimate

$41,816yearly

$20.10 hourly rate

Entry-level salary

$18,000 yearly salary

Updated December 15, 2025

Preferred Bank Salary Overview

At Preferred Bank, the average salary is approximately $41,816 annually. This figure can vary significantly depending on the role, department, and geographic location. For example, finance positions typically offer higher salaries compared to retail roles. Understanding these distinctions helps potential candidates assess their earning potential.

In 2025, the bank continues to provide competitive pay for its employees. The highest-paying jobs fall within specialized finance sectors and senior management positions. Meanwhile, retail roles, while essential, tend to have lower compensation. Candidates considering a career at Preferred Bank can benefit from this clarity, allowing for informed decisions about their employment opportunities.

Highest paying jobs at Preferred Bank

The highest paying jobs at Preferred Bank are controller, vice president, banking center manager, human resource officer, and senior finance analyst. Controller, vice president jobs at Preferred Bank earn an average yearly salary of $156,366, Preferred Bank banking center manager jobs average $134,186, and Preferred Bank human resource officer jobs average $80,376.

The lowest paying Preferred Bank roles include receptionist and administrative associate. Preferred Bank receptionist average salary is $26,168 per year. So while the average Preferred Bank salary is $41,816 there is a big variation in pay depending on the role.

Highest paying jobs at Preferred Bank

Rank	Job title	Average Preferred Bank salary	Hourly rate
1	Controller, Vice President	$156,366	$75.18
2	Banking Center Manager	$134,186	$64.51
3	Human Resource Officer	$80,376	$38.64
4	Senior Finance Analyst	$65,064	$31.28
5	Credit Analyst	$58,312	$28.03
6	Senior Accountant	$58,152	$27.96
7	Internal Auditor	$58,131	$27.95
8	Branch Manager	$52,800	$25.38
9	Management Trainee	$49,068	$23.59
10	Loan Assistant	$40,596	$19.52
11	New Accounts Representative	$40,316	$19.38
12	Personal Banker	$39,688	$19.08
13	Accounting Clerk	$38,899	$18.70
14	Operations Officer	$37,042	$17.81
15	Administrative Assistant	$35,780	$17.20
16	Executive Secretary	$35,145	$16.90
17	Loan Documentation Specialist	$34,941	$16.80
18	Dust Collector Operator	$32,286	$15.52
19	Lead Teller	$29,788	$14.32
20	Customer Service Representative	$29,709	$14.28

Rate the fairness of Preferred Bank's compensation policies.

Average Preferred Bank salary by state

Preferred Bank pays the highest salaries in New York due to higher costs of living and competition in the state.

Rank	State	Average Preferred Bank salary	Hourly rate
1	New York	$49,242	$23.67
2	California	$44,709	$21.49
3	Texas	$40,186	$19.32

Do you work at Preferred Bank?

Were you satisfied with Preferred Bank's salary and benefits?

Preferred Bank salaries by department

Salaries at Preferred Bank vary depending on the department you work in. Preferred Bank salaries in the accounting department are the highest with an average salary of $58,387. Employees in the it department at Preferred Bank receive relatively high salaries as well, with an average salary of $58,355 per year. Departments that don't pay as well at Preferred Bank include the retail and the customer service organizational functions, with employees earning average salaries of $29,180 and $29,423, respectively.

Average Preferred Bank salary by department

Rank	Department	Average Preferred Bank salary	Hourly rate
1	Accounting	$58,387	$28.07
2	IT	$58,355	$28.06
3	Finance	$48,974	$23.55
4	Sales	$39,649	$19.06
5	Administrative	$30,533	$14.68
6	Customer Service	$29,424	$14.15
7	Retail	$29,181	$14.03

How much does Preferred Bank pay by department?

Best paying Preferred Bank finance salaries

Rank	Position	Average Preferred Bank salary	Hourly rate
1	Senior Finance Analyst	$65,064	$31.28
2	Branch Manager	$52,800	$25.38
3	Loan Assistant	$40,596	$19.52
4	Personal Banker	$39,688	$19.08
5	Loan Documentation Specialist	$34,941	$16.80

Best paying Preferred Bank retail salaries

Rank	Position	Average Preferred Bank salary	Hourly rate
1	Management Trainee	$49,068	$23.59
2	Department Manager	$42,584	$20.47
3	Lead Teller	$29,788	$14.32
4	Bank Teller	$27,198	$13.08

Best paying Preferred Bank customer service salaries

Rank	Position	Average Preferred Bank salary	Hourly rate
1	Customer Service Representative	$29,709	$14.28
2	Customer Assistant	$26,913	$12.94

Frequently asked questions about Preferred Bank salaries

What is the starting pay at Preferred Bank?

How much does Preferred Bank pay an hour?

Have more questions? See all answers to common company questions.

Search for jobs

Updated December 15, 2025

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.