Preferred Bank

Preferred Bank wants to be the bank of choice of Chinese-Americans in Southern California. Employing a multilingual staff, the bank provides international banking services to companies doing business in the Asia/Pacific region. It targets middle-market businesses, typically manufacturing, service, distribution, and real estate firms, as well as entrepreneurs, professionals, and high-net-worth individuals, through about a dozen Los Angeles-area branches. Preferred Bank offers standard deposit products such as checking accounts, savings, money market, and NOW accounts. Specialized services include private banking and international trade finance.