Question 1

Does Preferred Bank sponsor green cards?

Accepted Answer

Yes. Preferred Bank has filed 2 PERM labor certification applications with the Department of Labor, with 2 certified. The median processing time from filing to decision has been 265 days.

Question 2

What is the current PERM processing time?

Accepted Answer

The DOL processing time from PERM filing to decision typically ranges from 6 to 18 months. This does not include the prevailing wage determination (1–6 months) or the recruitment period (2–3 months) that happen before filing. For Preferred Bank, the median processing time from filing to decision has been 265 days. See the processing time chart above for year-over-year trends.

Question 3

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

Accepted Answer

The full employer-sponsored green card timeline depends on three stages: PERM labor certification (6–18 months), I-140 petition with USCIS (4–6 months, or 15 days with premium processing), and adjustment of status or consular processing. 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 process from start to green card typically takes 1–5+ years.

Question 4

What triggers a PERM audit?

Accepted Answer

The DOL may audit a PERM application if certain risk factors are present: layoffs within 6 months of filing, the foreign worker having an ownership interest in the company, job requirements that exceed the norm for the occupation, foreign language requirements, or combination occupations. An audit requires additional documentation but does not mean the case will be denied.

Question 5

What is Preferred Bank's PERM approval rate?

Accepted Answer

Preferred Bank has a 100% PERM approval rate across 2 total applications (2 certified, 0 denied, 0 withdrawn). The national average PERM approval rate is approximately 85%. Note that withdrawn cases are not counted in the approval rate calculation.

Job Title	Salary	Location	Filed	Decision	Days	Status
Credit Analyst A-22152-64235	$55,869	Los Angeles, CA	Jun 8, 2022	Mar 22, 2023	287	Certified-Expired
Commercial Loan Officer A-22053-14799	$74,443	Los Angeles, CA	Mar 28, 2022	Nov 25, 2022	242	Certified-Expired

Preferred Bank — Green Card PERM Data

Preferred Bank PERM & Green Card Filings

PERM Filings by Quarter

PERM Processing Time by Year

All PERM Filings

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