Does Preferred Bank pay their employees well?

According to anonymously submitted Glassdoor reviews, Preferred Bank employees rate their compensation and benefits as 3.0 out of 5. Find out more about salaries and benefits at Preferred Bank. This rating has improved by 6% over the last 12 months.

How satisfied are employees working at Preferred Bank?

54% of Preferred Bank employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Preferred Bank 3.2 out of 5 for work life balance, 2.7 for culture and values and 2.4 for career opportunities.

What are the top reviewed jobs at Preferred Bank?

Bank Teller (2) , Operations (2) , Vice President (2)

What are the pros of working at Preferred Bank according to real employee reviews?

"1. Vert stable leadership and solid financial performance." ((in 3 reviews))

What are the cons of working at Preferred Bank according to real employee reviews?

"Low Pay:" ((in 3 reviews)); "Not a happy place to work." ((in 3 reviews))

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Preferred Bank

Preferred Bank Reviews

3.0

54% would recommend to a friend

(28 total reviews)

Li Yu

75% approve of CEO

51% positive business outlook

Ratings by category

3.2

Work/Life balance

3.0

Compensation and benefits

2.9

Senior management

2.7

Culture and values

2.7

Diversity and inclusion

2.4

Career opportunities

Preferred Bank has an employee rating of 3.0 out of 5 stars, based on 28 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Preferred Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Ratings by demographic groups

Disability

Veteran status

Reviews by job title

28 reviews

4.0

May 13, 2026

Great benefits and hours, but tough lower management

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Great hours, great benefits, upper management works hard and are really trying to help

Cons

Some lower level managers can be tough and not easy to deal with, be aware

1.0

May 14, 2025

bad management

New accounts specialist

Recommend

CEO approval

Business outlook

Pros

Pay is okay for small banks

Cons

favoritism from management. Do not have clear and fair work performance review system. Your performance and advancement depends solely on how much your supervisor likes you.

2.0

Apr 16, 2025

good starting point

Credit analyst

Recommend

CEO approval

Business outlook

Pros

will hire even without experience because they want to have younger staff

Cons

management is terrible. hierarchy is taken extremely seriously.

Viewing 1 - 3 of 28 Reviews

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Jobs at Preferred Bank

Customer Service Rep I

Treasury Sales Analyst

Customer Service Rep I

Medical Assistant / Phlebotomist