Preferred Bank
Kelly Flannagan, AAP, serves as Vice President and Treasury Management Services Manager at Preferred Bank since December 2019. With extensive experience in treasury management, previous roles include Treasury Management Conversion Consultant at Pacific Premier Bank, where management of implementations occurred during major acquisitions, and Vice President of Treasury Management/Operations at American Business Bank, focusing on product implementations and troubleshooting support. Earlier positions feature Project Coordinator/Risk and Compliance Specialist at 1st Enterprise Bank, managing audits and compliance, as well as Vice President, Electronic Banking Manager at Mellon 1st Business Bank, overseeing a team and conducting disaster recovery testing. Kelly's career began at Bank of the West as ACH Compliance Supervisor, contributing to systems operations and ACH conversions.
Preferred Bank
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Preferred Bank is a commercial bank. The Bank provides deposit services, as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high net worth individuals. The Bank offers various services, such as personal banking, business banking and treasury management. The Bank's loan portfolio includes real estate mortgage loans, real estate construction loans, commercial loans and trade finance. Its real estate mortgage portfolio consists of real estate mini-perm loans, as well as purchased residential mortgages. The Bank offers a range of commercial loan products, including lines of credit for working capital, term loans for capital expenditures and commercial and stand-by letters of credit. Through its branch network, the Bank provides a range of financial services to individuals and companies located primarily in Southern California.