Preferred Bank to Present at D. A. Davidson & Company 10th Annual Financial
Services Conference
LOS ANGELES, May 2 /PRNewswire-FirstCall/ -- Preferred Bank
(Nasdaq: PFBC), announced today that Li Yu, Chairman, President & CEO will
present a company overview at the D.A. Davidson & Company 10th Annual
Financial Services Conference on Wednesday May 7, at 10:15 a.m. PDT
(1:15 p.m. EDT) at the Bell Harbor Conference Center in Seattle, Washington.
Attendance at the Conference is by invitation only. However, a
simultaneous audio webcast may be accessed live via the internet by going to
the Investor Relations tab of Preferred Bank's website at
http://www.preferredbank.com. Registration will be required so please allow
extra time before the presentation is scheduled to begin. The webcast is
available to the general public and will be archived for replay for 90 days
following the close of the conference.
About Preferred Bank
Preferred Bank is one of the largest independent commercial banks in
California focusing on 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. The
Company conducts its banking business from its main office in Los Angeles,
California, and through ten other full-service branch banking offices in
Alhambra, Century City, Chino Hills, City of Industry, Torrance, Arcadia,
Irvine, Diamond Bar, Santa Monica and Valencia, California. Preferred Bank
offers a broad range of deposit and loan products and services to both
commercial and consumer customers. The bank provides personalized deposit
services 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. Preferred Bank continues to
benefit from the significant migration to Southern California of ethnic
Chinese from China and other areas of East Asia. While its business is not
solely dependent on the Chinese-American market, it represents an important
element of the bank's operating strategy, especially for its branch network
and deposit products and services. Preferred Bank believes it is well
positioned to compete effectively with the smaller Chinese-American community
banks, the larger commercial banks and other major banks operating in Southern
California by offering a high degree of personal service and responsiveness,
experienced multi-lingual staff and substantial lending limits.
For Further Information:
AT THE COMPANY: AT FINANCIAL RELATIONS BOARD:
Edward J. Czajka Lasse Glassen
Chief Financial Officer General Information
(213) 891-6829 (213) 486-6546
lglassen@frbir.com
SOURCE Preferred Bank
Edward J. Czajka, Chief Financial Officer of Preferred Bank, +1-213-891-6829;
or Lasse Glassen of Financial Relations Board, +1-213-486-6546,
lglassen@frbir.com, for Preferred Bank
