Question 1

Does Preferred Bank sponsor H-1B visas?

Accepted Answer

Yes. Preferred Bank has filed 13 H-1B Labor Condition Applications (LCAs) with the Department of Labor, covering 13 total positions. The median salary for sponsored positions is $54,912.

Question 2

Does Preferred Bank sponsor green cards?

Accepted Answer

Yes. Preferred Bank has filed 2 PERM labor certification applications for employer-sponsored green cards, with a 100% approval rate. The median processing time from filing to decision has been 265 days. See the Green Cards tab for full PERM filing details.

Question 3

How many visa workers does Preferred Bank sponsor?

Accepted Answer

Preferred Bank has filed 13 LCAs covering 13 H-1B positions, and 2 PERM green card applications. The filing history chart above shows how Preferred Bank's sponsorship volume has changed over time. See the H-1B and Green Cards tabs for detailed breakdowns.

Question 4

How long does it take to get a green card through Preferred Bank?

Accepted Answer

The employer-sponsored green card process has three main stages: PERM labor certification with the DOL (6–18 months), I-140 immigrant petition with USCIS (4–6 months, or 15 days with premium processing), and adjustment of status or consular processing. Preferred Bank's median PERM processing time from filing to decision has been 265 days. For applicants from countries with visa backlogs like India and China, the wait for a visa number after I-140 approval can add years. The total timeline from start to green card is typically 1–5+ years.

Question 5

What is Preferred Bank's green card commitment?

Accepted Answer

Preferred Bank's green card commitment rate is 28.6%, calculated by dividing the number of PERM green card filings by the number of new H-1B employment and transfer positions. A higher percentage indicates the company is more likely to sponsor employees for permanent residency rather than keeping them on temporary work visas.

Year	LCA Filings	PERM Filings
2026	2	0
2025	2	0
2024	1	0
2023	2	0
2022	0	2
2021	2	0
2018	2	0
2017	2	0

Job Title	Positions	Min	Median	Max
Credit Analyst	12	$46,405	$54,902	$95,160
Vp, Credit Analyst	1	$95,164	$95,164	$95,164

Preferred Bank — Visa Sponsorship

Overview

Filing History

Sponsored Job Titles

Worksites

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Frequently Asked Questions

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