City of Torrance Awards Financial Services Contract to Preferred Bank (May 2026)
City of TorranceCity · Torrance, CA- Approved
- May 19, 2026
The 30-second brief
Torrance approved a ground lessor’s consent, estoppel certificate and agreement involving Preferred Bank for City-owned property at 2790 Skypark Drive. The agenda did not state an amount or term.
Preferred Bank holds this financial services contract with City of Torrance. Its other public contracts on record include work for Burnet Consolidated ISD and Mundelein ESD 75.
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Contract details
- Contract type
- Financial Services
- Document date
- May 19, 2026
- Vendor
- Preferred Bank
- Agency
- City of Torrance
- Source document
- Torrance City Council Agenda 2026-05-19 (Agenda)
Preferred Bank's other public contracts
More City of Torrance contracts
Questions about this contract
Who was awarded the financial services contract by City of Torrance?
Preferred Bank was awarded this financial services contract by City of Torrance, as recorded on May 19, 2026.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Torrance City Council Agenda 2026-05-19 (Agenda), dated May 19, 2026 from City of Torrance. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Preferred Bank hold?
Preferred Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is City of Torrance currently buying?
Explore City of Torrance's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.