About
Preferred Bank is one of the larger independent commercial banks in California with a niche in the Chinese-American Market. The Bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corporation, or FDIC, to the maximum extent permitted by law. We conduct our banking business from our main office in Los Angeles, California, and through eleven full-service branch banking offices in Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Pico Rivera, two in San Francisco and one in Flushing, NY. We offer a broad range of deposit and loan products and services to both commercial and consumer customers. These consist of customized deposit services and an integrated cash management program as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses, entrepreneurs, real estate developers, professionals and high net worth individuals. Although originally founded as a Chinese-American Bank, Preferred Bank now derives most of its customers from the diversified mainstream market but does continue to benefit from the significant migration to California of ethnic Chinese... Read More
Top Deals
FINANCED
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Illinois
FINANCED
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New York | MultiFamily | PPSF: $80000
05/18/2021
FINANCED
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California | Development Site | PPSF: $1292
08/07/2026
Focus
Mixed-use
Loan
Markets
Headquarters
Los Angeles, CA
FAQs
Preferred Bank has financed 22 deals.
Preferred Bank's most recent deal was on August 07, 2026.
Preferred Bank's largest deals include a sale of $41,500,000.00 for 106 West Pennsylvania Avenue, and a loan of $103,000,000.00 for 501 9th Avenue, and a lease covering 37,000 sqft for 601 S Figueroa St, Los Angeles, CA, 9....
Member since: December 2022
Deals
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FINANCED
New Horizons Development Secures $50.6 Million Construction Loan From Preferred Bank For Development Site
$1,292/SF
1870 Ogden Drive, Burlingame, CA
CACRE
Aug 7, 2026
FINANCED
Sam Chang Of McSam Hotel Group Secures $29 Million Refinancing From Preferred Bank For Office Building
$430/SF
224 West 47th Street, West, NY
NYCRE
SC
Jul 23, 2026
SOLD
Turret Equities Led By David Dweck Acquires $19.9M Note From Preferred Bank In Lenox Hill
227 East 67th Street, New York, NY
NYCRE
DD
Jul 11, 2026
FINANCED
Satinder Singh's Retail Property At 107-26 Rockaway Boulevard Secures $1.15M Loan From Preferred Bank
107-26 Rockaway Boulevard, Ozone Park, NY
NYCRE
Apr 28, 2026