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
Preferred Regular Checking
Preferred Student Checking
 
MONEY MARKET
Preferred HIGH YIELD Money Market
Preferred BONUS Money Market
 
SAVINGS PRODUCTS
Regular Savings
Minor 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
 
Monica Hiebert, VP/Construction Lending, assists a customer with a loan document.
Eugene Boyd, Vice President-Lending and
Branch Manager of Preferred Bank-Spring,
looks up to greet a customer.
Our friendly staff at the Braeswood location.

 

 

CHECKING ACCOUNTS

Preferred INTEREST Checking

No monthly service charge regardless of balance or number of checks paid during the month!

• Earn a competitive rate of interest on all balances.
• FREE Checks (first order of basic, personalized checks)
• Free Online Banking
• Free Debit/ATM cards
• Free Direct Deposit
• Free UNLIMITED CALLS for Customer Service
• Free On US and POS (point of sale) transactions
• Free Notary Service
• Free Automatic Transfers
• Unlimited check writing
• Detailed statement with convenient image checks
• $100 minimum to open

Check out image checks.

For banking terms and definitions, click here.

Preferred 55 Checking

A package of services for our customers 55 and older.

• Earn a competitive rate of interest on all balances
• FREE Checks (first order of basic, personalized checks)
• Free Online Banking
• Free Debit/ATM cards
• Free Direct Deposit
• Free UNLIMITED CALLS for Customer Service
• Free On US and POS (point of sale) transactions
• Free Notary Service
• Free Automatic Transfers
• Unlimited check writing
• Detailed statement with convenient image checks
• No issue charge on Traveler’s Checks, Cashier’s Checks or Money Orders
• 50% discount on yearly rental of safe deposit boxes, where available
• $100 minimum to open

Check out image checks.

For banking terms and definitions, click here.

Preferred Regular Checking

Unlimited check writing privileges, minimal service charges.

• Free Online Banking
• Free Debit/ATM cards
• Free Direct Deposit
• Free Notary Service
• Free UNLIMITED CALLS for Customer Service
• Free On US and POS (point of sale) transactions
• Free Automatic Transfers
• Unlimited check writing
• Detailed statement with convenient image checks
• $100 minimum to open
• No interest
• Monthly service charge assessed if balance falls below $500 on any day during the cycle

Check out image checks.

For banking terms and definitions, click here.

Preferred Student Checking

No monthly service charge regardless of balance, unlimited check writing.

• Free Online Banking
• Free Debit/ATM card
• Free Direct Deposit
• Free Notary Service
• Free UNLIMITED CALLS for Customer Service
• Free On US and POS (point of sale) transactions
• Free Automatic Transfers
• No monthly service charge
• Unlimited check writing
• Detailed statement with convenient image checks
• $50 minimum to open with current driver’s license and student identification or class schedule
• No interest

Check out image checks.

For banking terms and definitions, click here.

MONEY MARKET ACCOUNTS

Preferred HIGH YIELD Money Market

Competitive Money Market rate of interest with limited check writing privileges.

Earn a competitive Money Market rate of interest on all balances.
Free Online Banking
Free Debit/ATM cards
Free Direct Deposit
Free UNLIMITED CALLS for Customer Service
Free ON US and POS (point of sale) transactions
Free Notary Service
Free Automatic Transfers
Detailed statement with convenient image checks
Limited check writing privileges
$2,500 minimum to open
For balances below $2,500, a lower interest rate will be in effect, as well as a monthly service charge

Check out image checks.

For banking terms and definitions, click here.

Preferred BONUS Money Market

Competitive Money Market rate of interest with limited check writing privileges.

Earn a competitive Money Market rate of interest on all balances
Free Online Banking
Free Debit/ATM cards
Free Direct Deposit
Free UNLIMITED CALLS for Customer Service
Free ON US and POS (point of sale) transactions
Free Notary Service
• Free Automatic Transfers
Detailed statement with convenient image checks
Limited check writing privileges
$2,500 minimum in NEW MONEY to open
For balances from $2,500 to $10,000, must open or have an existing Preferred Bank checking account to earn competitive rate
Low $10 monthly service charge if balance falls below $2,500 during the cycle

TO QUALIFY FOR A PREFERRED BONUS MONEY MARKET, the customer must open the account with NEW MONEY. For balances from $2,500 to $10,000, the customer must OPEN OR HAVE AN EXISTING PREFERRED BANK CHECKING ACCOUNT to earn the competitive rate. For balances below $2,500, a lower interest rate will be in effect, as well as a monthly service charge. IF THE CUSTOMER DOES NOT OPEN OR HAVE A CHECKING ACCOUNT, then the funds will be placed in HIGH YIELD MONEY MARKET ACCOUNT.

Check out image checks.

For banking terms and definitions, click here.

SAVINGS PRODUCTS

Regular Savings

Features low balance requirement with minimal service charges.

• Earn interest on your money
• $25 minimum to open
• Maintain a daily balance of $25 to avoid the $5 monthly service fee
• Limited withdrawal privileges

For banking terms and definitions, click here.

Minor Savings

Teach your children to save.

• Texas Uniform Gift to Minors Act
• Earn interest for your child
• $25 minimum to open
Maintain a daily balance of $25 to avoid the $2 monthly service fee
• Limited withdrawal privileges

For banking terms and definitions, click here.

Certificate of Deposit (CD)

The secure and simple way to invest your funds!

• Fixed interest rates in a variety of terms offer a secure and simple way to invest your funds.
• Terms vary from 32 days to 5 years on Regular CD
s ($75,000 or less) and 14 days to 5 years on Jumbo CDs (over $75,000).
• Interest is compounded quarterly and credited quarterly on anniversary date.
• Interest can be paid monthly, quarterly or at maturity and automatically deposited into other Preferred Bank accounts.
• $1,000 minimum to open on Regular CD’
s.
• Substantial penalty for withdrawal of principal before maturity date.
• Call us at 281-556-6443 for current rates and yields.

For banking terms and definitions, click here.

Individual Retirement Accounts and Roth IRAs

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.

Contact us today for more information and a free brochure.

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.

Contact us today for more information and a free brochure.

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.

Contact us today for more information and a free brochure.

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.

Contact us today about a home equity loan.

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.

Contact us today about purchasing or refinancing your home.

Home Construction Loans

Build the house of your dreams!

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

Contact us today about your home construction plans.

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.

Contact us today about your personal loan.

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.

Contact us today to sign up for Internet Banking.

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.

Contact us about Electronic Statement and Notice Delivery to your computer today.

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.

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