Type Public (NASDAQ: PFBC) Products Banking Website www.PreferredBank.com | Industry Finance and insurance Revenue $56.83 million US Number of employees 120 | |
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Key people Mr. Li Yu, Chairman, President and CEO
Mr. Edward J. Czajka, CFO Stock price PFBC (NASDAQ) US$ 50.62 +0.23 (+0.46%)24 Mar, 4:00 PM GMT-4 - Disclaimer Headquarters Los Angeles, California, United States Founded 1991, Los Angeles, California, United States | ||
Preferred Bank (Chinese: 保富銀行) is a California state chartered bank operating in Southern California, United States.
Headquartered in Los Angeles, with branch offices in Arcadia, Alhambra, Century City, Los Angeles, California, Diamond Bar, California, City of Industry, California, Anaheim, Pico Rivera, California, Irvine and Torrance, California, this publicly held community bank was first established on December 23, 1991.
The initial offering closed December 11, 1991, and was oversubscribed at $20,180,000, and the bank is listed on NASDAQ (PFBC). As a California state chartered bank, insured by the Federal Deposit Insurance Corporation, it has consistently earned the highest ratings from financial rating agencies such as Bauer Financial, Sheshunoff, Veribanc, Inc., and The Findley Reports.
In addition to ordinary banking services, Preferred Bank also specializes in several areas to serve its predominantly Chinese American clientele to help it survive in the competition, and these include: