Preferred Bank

Preferred Bank

Infobox_Company
company_name = Preferred Bank
company_
company_type = Public (nasdaq|PFBC)
company_slogan = Quality Customer Service is Our Mandate
foundation = Los Angeles, CA (1991)
location = Los Angeles County, California and Orange County, California
key_people = Mr. Li Yu, Chairman, President & CEO
Mr. Edward J. Czajka, CFO
num_employees = 120
industry = Finance and Insurance
products = Banking
revenue = $56.83 million USD
homepage = [http://www.preferredbank.com www.preferredbank.com]

Preferred Bank (Chinese: 保富銀行) is a overseas Chinese bank in the United States.

Headquartered in Los Angeles, with branch offices in Arcadia, California,Alhambra, California, Century City, Los Angeles, California, Chino, California, Diamond Bar, California, Industry, California, Irvine, California, Santa Monica, California, Torrance, California, and Valencia, Santa Clarita, California, this publicly-held community bank was first established in 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 expert 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 fierce competition, and these includes:
*International Market Business: consisting of importers and exporters requiring both borrowing and operational products
*International Private Banking: handling international private banking needs in the Pacific Rim area
*Middle Market Business: consisting of manufacturing, service and distribution companies with sales of $3 million to $50 million annually and with borrowing requirements of up to $7 million dollars.
*Professionals: consisting of physicians, accountants, attorneys, and professionals associated with the entertainment industry

External links

* [http://www.preferredbank.com Preferred Bank]


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • preferred — pre‧ferred [prɪˈfɜːd ǁ ɜːrd] adjective [only before a noun] FINANCE 1. used to talk about a company s most important investors. If the company is in financial difficulty, preferred investors may receive payment of dividends, debts etc even if… …   Financial and business terms

  • Bank of America Home Loans — Type Subsidiary of Bank of America Founded 1969 (Countrywide), February 2009 (Bank of America Home Loans) Headquarters Calabasas, CA, USA (Countrywide Financial) Cha …   Wikipedia

  • Bank pool — is a Pocket billiards game that has as it most fundamental requirement, that all scoring shots in the game to be made by Cuegloss|Bank shot|banking a called ball off a Cuegloss|Cushion|cushion and into a called pocket. While the game has multiple …   Wikipedia

  • Preferred stock — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

  • Bank of America — Not to be confused with First Bank of the United States, Second Bank of the United States, or Bank of United States. Bank of America Corporation Type Public Traded as …   Wikipedia

  • Bank of Beirut S.A.L. — Infobox Company company name = Bank of Beirut S.A.L. company location = flagicon|Lebanon Beirut, Lebanon key people = Salim G. Sfeir mdash; Chairman; Salim G. Sfeir mdash; Vice Chairman; .Fawaz H. Naboulsi mdash; Deputy General Manager; .… …   Wikipedia

  • Bank run — A bank run (also known as a run on the bank) occurs when a large number of bank customers withdraw their deposits because they believe the bank is, or might become, insolvent. As a bank run progresses, it generates its own momentum, in a kind of… …   Wikipedia

  • Bank vault — A bank vault is a secure space where money, valuables, records, and documents can be stored. Vaults protect their contents with armored walls and a tightly fashioned door closed with a complex lock. Vault technology developed in a type of arms… …   Wikipedia

  • Preferred Creditor — An individual or organization that has priority in being paid the money it is owed if the debtor declares bankruptcy. Because bankrupt entities do not have enough money to fulfill all of their financial obligations, some investors that are owed… …   Investment dictionary

  • Bank Rate — The interest rate at which a nation s central bank lends money to domestic banks. Often these loans are very short in duration. Managing the bank rate is a preferred method by which central banks can regulate the level of economic activity. Lower …   Investment dictionary

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”