Preferred Bank | Personal Banking

MAIN OFFICE: 11757 Katy Freeway, Suite 100, Houston, Texas 77079 • (281) 556-6443

Check out our full array of personal banking products, including checking accounts, Money Market accounts, savings accounts, CD’s, IRA’s and loans, or contact us for more information.

CHECKING ACCOUNTS

• Preferred INTEREST Checking

• Preferred 55 Checking

MONEY MARKET

• Preferred HIGH YIELD Money Market Fund

• Preferred BONUS Money Market Fund

SAVINGS PRODUCTS

• Regular Savings

• Certificate of Deposit (CD)

• IRA’s and Roth IRA’s

• Coverdell Education Savings Account

• IRA Rollovers and Tranfers

LOANS

• Home Equity Lines of Credit

• Home Loans

• Home Construction Loans

• Personal Loans

OTHER BANKING SERVICES

• Internet Banking

• Electronic Statement and Notice Delivery

• More Banking Services

CHECKING ACCOUNTS

Preferred INTEREST Checking

• No minimum balance
• Tiered interest rates reward larger balances
• First order of basic checks FREE
• FREE on-line banking with bill pay
• FREE debit card
• 32,000 surcharge FREE ATMs
• Unlimited check writing
• Detailed monthly statement with check images

Check out image checks.

For banking terms and definitions, click here.

Preferred 55 Checking

• No minimum balance
• Tiered interest rates reward larger balances
• FREE basic checks for life
• FREE on-line banking with bill pay
• FREE debit card
• 32,000 surcharge FREE ATMs
• FREE travelers checks, money orders or cashiers checks
• 50% discount on safe deposit box rental (where available)
• Detailed monthly statement with check images

Check out image checks.

For banking terms and definitions, click here.

MONEY MARKET ACCOUNTS

Preferred HIGH YIELD Money Market Fund

• Only $2,500 minimum to open
• Tiered interest rates reward larger balances
• Keeps your funds liquid
• Limited check writing privileges
• Detailed monthly statement with check images

Check out image checks.

For banking terms and definitions, click here.

Preferred Relationship Money Market Fund

• Only $2,500 minimum to open
• Tiered interest rates reward larger balances
• Earns a higher rate of interest if you also have a Preferred Bank checking account
• Keeps your funds liquid
• Limited check writing privileges

Check out image checks.

For banking terms and definitions, click here.

SAVINGS PRODUCTS

Regular Savings

• Only $100 minimum to open
• Earns a competitive rate of interest
• Limited withdrawal privileges

For banking terms and definitions, click here.

Certificate of Deposit (CD)

• Only $1,000 minimum to open
• Lock in a fixed interest rate with terms from 90 days to 5 years
• Interest can be paid monthly, quarterly, or at maturity and automatically deposited into other Preferred Bank accounts

For banking terms and definitions, click here.

Individual Retirement Accounts and Roth IRA’s

Ask us about the new expanded contribution limits! An Individual Retirement Account (IRA) is a special savings plan authorized by the Federal government to help you accumulate funds for your retirement.

• Every individual who has earned income or received alimony may contribute to an IRA.
• All the earnings you accumulate in your IRA remain tax-sheltered until withdrawn.

Coverdell Education Savings Account (formerly Education IRA)

This tax-advantaged savings account was created to pay qualified higher education expenses.

• $2,000 annual limit per beneficiary.
• Contributions are non-deductible.
• Qualified distributions are tax-free.
• Virtually anyone can contribute.

IRA Rollovers and Transfers

Changing jobs? Moving? Consolidating serveral IRAs into one account? Looking for better service, greater safety or convenience? Then an IRA Rollover or Transfer may be the answer.

LOANS

Home Equity Lines of Credit

Put your equity to work for you.

• Use your home equity to pay for college, home improvements, high interest debt and many other expenses you desire.
• Competitive rates
• Tax deductible interest
• All loans subject to credit approval.

Home Loans

There has never been a better time to buy or refinance your home!

• Fixed and variable rate mortgages
• Competitive rates and closing costs
• Aggressive lending for problem credit
• Construction Loans
• Home Improvement Loans
• All loans subject to credit approval.

Home Construction Loans

Build the house of your dreams!

• Interim financing
• Permanent financing
• Competitive rates
• All loans subject to credit approval.

Personal Loans

We offer a variety of loans to meet all your personal financial needs. Plus, the flexibility, convenience and competitive rates you want.

• New & Used Vehicles
• Car, Truck/SUV Loans
• RV and Boat Loans
• Vacation Loans
• Personal Lines of Credit
• And more!
• All loans subject to credit approval.

OTHER BANKING SERVICES

Internet Banking

The access to manage your finances online.

• Access and manage your accounts online.
• Access and pay bills online.
• Receive your statements and notices electronically.

Electronic Statement and Notice Delivery

Preferred Bank offers you the ability to receive your statements and notices electronically.

• You can save your statements and notices electronically so there is no need to worry with paper.
• You can view your check images with your statement.
• Receive your statements and notices the day they are produced not several days later because of regular mail processing.

More Banking Services

We offer a full array of banking services.

• Automated Clearing House (ACH) Services
• Bank By Mail
• Cashier’s Checks
• Direct Deposit of Payroll, Social Security and Pension Checks
• Federal Tax Deposits
• Notary Services
• Safe Deposit Boxes (where available)
• U.S. Savings Bonds
• Wire Transfers of Funds
• Debit Cards
• Pulse/ATM Cards
• 24-hour Phone Access: 1-877-921-2265
• American Express Travelers Cheques
• Money Orders

For banking terms and definitions, click here.