Preferred Bank Culture | Comparably
Preferred Bank

Preferred Bank Company Culture

Preferred Bank Culture

This score is derived from employee ratings & reviews

Top Rated Culture Dimensions

Preferred Bank CEO

Li Yu Preferred Bank's CEO
Li Yu

Preferred Bank Company Information

Preferred Bank Company Overview

Preferred Bank truly believe we are The Preferred Way to Bank.

Headquarter29th floor, 601 S. Figueroa St
Los Angeles, CA
United States of America
Websitepreferredbank.com
Founding Date1991
Tel2138911188
Company StatusPublic
StockPFBC

Preferred Bank Competitors

Preferred Bank competitors include East West Bancorp, First Busey Corporation, First Choice Bank, and Bank OZK. Preferred Bank ranks 5th in Overall Culture Score on Comparably vs its competitors. See below how Preferred Bank compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    East West Bancorp's Logo
    East West Bancorp
    4.2/5
  2. #2
    First Busey Corporation's Logo
    First Busey Corporation
    4.2/5
  3. #3
    First Choice Bank's Logo
    First Choice Bank
    3.9/5
  4. #4
    Bank OZK's Logo
    Bank OZK
    3.2/5
  5. #5
    Preferred Bank's Logo
    Preferred Bank
    0/5

Preferred Bank Employees

2 employees at Preferred Bank have reviewed Preferred Bank across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.

Joining Preferred Bank - Employee Onboarding

The prevailing opinion from Comparably users in Los Angeles about their company is that it was very prepared on their first day. Los Angeles employees concluded that their overall onboarding experience was positive. 74% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

Preferred Bank KPIs and OKRs

At this moment no Preferred Bank employees have provided insight into whether or not they clearly understand Preferred Bank's KPIs and OKRs.

AnswerPercent
Yes0%
No0%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No0%
Are the KPIs/OKRs for your department clear?

Preferred Bank CEO & Leadership

Preferred Bank CEO - Li Yu

Preferred Bank Leadership

  • Li Yu  CEO / President

    Li Yu CEO / President

    Mr. Li Yu founded Preferred Bank and has been its Chairman since December 1991 and Chief Executive Officer since 1993...

  • Edward Czajka  Chief Financial Officer and Executive Vice President

    Edward Czajka Chief Financial Officer and Executive Vice President

    Mr. Edward J. Czajka has been the Chief Financial Officer of Preferred Bank since May 30, 2006 and has been its...

  • Wellington Chen  President and Chief Operating Officer

    Wellington Chen President and Chief Operating Officer

    Mr. Wellington Chen has been the President and Chief Operating Officer of Preferred Bank since August 21, 2012 and...

  • Nick Pi  Chief Credit Officer and Executive Vice President

    Nick Pi Chief Credit Officer and Executive Vice President

    Mr. Nick Pi has been the Chief Credit Officer and Executive Vice President of Preferred Bank (alternate name Preferred...

  • Gary S. Nunnelly  Director

    Gary S. Nunnelly Director

    Mr. Gary S. Nunnelly has been the President of American Thermoform Corporation since 1985. Mr. Nunnelly spent several...

  • Robert J. Kosof  Head of Commercial & Industrial Loans, Executive Vice President and Regional Manager

    Robert J. Kosof Head of Commercial & Industrial Loans, Executive Vice President and Regional Manager

    Mr. Robert J. Kosof has been the Head of Commercial and Industrial Loans and Regional Manager of West Los Angeles...

  • Stella Chen  Senior Vice President

    Stella Chen Senior Vice President

    Ms. Stella Chen serves as Senior Vice President at Preferred Bank and served as its Commercial Banking Officer.

  • Sandy Ho  Executive Vice President and Regional Manager

    Sandy Ho Executive Vice President and Regional Manager

    Ms. Sandy Ho serves as an Executive Vice President and Regional Manager at Preferred Bank. Ms. Ho served as Senior Vice...

  • Bill Oberholzer  Sr. VP

    Bill Oberholzer Sr. VP

    Bill Oberholzer serves as the Sr. VP of Preferred Bank. Bill currently resides in the Greater Los Angeles Area.

Preferred Bank Human Resources

Leading members of the Preferred Bank Human Resources Team include Karen Cangey.

  • Karen Cangey  First Vice President, Human Resources

    Karen Cangey First Vice President, Human Resources

    Karen Cangey serves as the First Vice President, Human Resources of Preferred Bank. Karen currently resides in the...

Preferred Bank Salaries

How much does Preferred Bank pay?

How much do people at Preferred Bank get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Preferred Bank is $103,499, or $49 per hour, while the estimated median salary is $112,640, or $54 per hour.

At Preferred Bank, the highest paid job is a Director of Engineering at $168,840 annually and the lowest is a CS Rep at $41,888 annually. Average Preferred Bank salaries by department include: Business Development at $107,938, Marketing at $133,695, HR at $85,482, and Engineering at $117,182. Half of Preferred Bank salaries are above $112,640.

1 employee at Preferred Bank ranks their Compensation in the Bottom 5% of similar sized companies in the US (based on 3 ratings) while 1 employee at Preferred Bank ranks their Perks And Benefits in the Bottom 5% of similar sized companies in the US (based on 1 ratings).

Last updated months ago.

1st Percentile
$64k
$64k1st Percentile
20th Percentile
$84k
$84k20th Percentile
40th Percentile
$104k
$104k40th Percentile
60th Percentile
$180k
$180k60th Percentile
80th Percentile
$231k
$231k80th Percentile
100th Percentile
$315k
$315k100th Percentile
$103,499*
Average Compensation
$112,640*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Preferred Bank Salary Averages by Department

$0
$20k
$40k
$60k
$80k
$100k
$120k
$140k
$160k
$180k
$200k
$220k
Admin
$56,816
Admin$56,816
Business Development
$107,938
Business Development$107,938
Customer Support
$62,146
Customer Support$62,146
Design
$86,649
Design$86,649
Engineering
$117,182
Engineering$117,182
Finance
$81,218
Finance$81,218
HR
$85,482
HR$85,482
IT
$89,339
IT$89,339
Marketing
$133,695
Marketing$133,695
Operations
$81,512
Operations$81,512
Product
$117,090
Product$117,090
Sales
$218,355
Sales$218,355

Preferred Bank Careers

Preferred Bank Jobs

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Frequently Asked Questions regarding Preferred Bank

What is Preferred Bank address?

Preferred Bank location is at 29th floor, 601 S. Figueroa St

Who is the CEO of Preferred Bank?

Preferred Bank CEO is Li Yu, their score by employees is 25

What is Preferred Bank eNPS?

The eNPS for Preferred Bank is -100

What is Preferred Bank revenue?

Preferred Bank revenue is $126M

What is the salary for DevOps in Preferred Bank?

DevOps average salary in the US is 144k

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