Preferred Bank
- Bank Name:Preferred Bank
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #33539
- Routing Number:ACH & Wire - 122042205
- Locations:15 Branches in 3 states
- Web Address:preferredbank.com
Preferred Bank Information
Preferred Bank was founded in December 1991 and is based in Los Angeles, California. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Preferred Bank is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. Preferred Bank is a FDIC-insured bank with certificate number of 33539. The assigned Fed RSSD ID of Preferred Bank is 1918344.
Preferred Bank currently operates with 15 branches located in 3 states. The bank has most branches in California and New York. Preferred Bank is the 44th largest bank in California with 13 branches; 164th in New York with 1 branches.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Preferred Bank is 122042205. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 601 South Figueroa Street, Los Angeles, CA 90017. You can visit the official website of the bank at https://www.preferredbank.com for more information and online banking service if available. For a comprehensive list of Preferred Bank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
History Of Preferred Bank
Preferred Bank is a financial institution that was established on December 23, 1991. Initially named Preferred Bank, it has undergone several significant changes in its history. The bank moved its main office multiple times, with a notable relocation to 601 South Figueroa Street in Los Angeles, California, on October 25, 2004. This location underwent further updates, with offices situated at various suites within the same building before settling at Suite 2000 on December 10, 2008. A pivotal moment in the bank's history occurred on February 27, 2009, when it formally changed its name to Preferred Bank. On November 21, 2015, Preferred Bank expanded its operations by acquiring United International Bank, located in Flushing, New York. The bank's main office was again moved to its current location at 601 South Figueroa Street on April 2, 2019.
Below is a list of some important events in bank's history, including mergers and acquisitions.
04-02-2019Main Office moved to 601 South Figueroa Street, Los Angeles, CA 90017.
11-21-2015Acquired United International Bank in Flushing, NY.
02-27-2009Changed Institution Name to Preferred Bank.
02-27-2009Main Office moved to 601 South Figueroa Street, Los Angeles, CA 90017.
12-10-2008Main Office moved to 601 South Figueroa Street, Suite 2000, Los Angeles, CA 90017.
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