Preferred Bank
Karen Cangey has extensive experience in human resources, currently serving as First Vice President at Preferred Bank since January 2012, after initially holding the position of Vice President of Human Resources. Prior to this role, Karen worked as AVP HR Manager at Beach Business Bank for a brief period in 2011. Karen began a career in human resources as an HR Representative at Access to HR, where tenure spanned over eleven years, from February 2000 to February 2011.
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.