Malvern Federal Savings Bank Opens New Banking Offices in Morristown, NJ

Malvern Federal Financial Savings Bank (“Malvern”), the completely owned subsidiary of Malvern Bancorp, Inc. (NASDAQ: MLVF), today announced that its New Jersey Headquarters is now open and serving Malvern’s New Jersey and Big Apple customer base from workplaces placed at 163 Madison avenue within the Morristown Plaza office complicated.

“With this opening, Malvern is solidifying its presence and, more importantly, setting our firm footprint in New Jersey by way of bringing Malvern’s first magnificence customer service into the nation,” stated Anthony C. Weagley, President and CEO of Malvern Bancorp, Inc. and Malvern Federal financial savings bank. “We offer consumers an advanced, personalized banking revel in, including banking using the appointment, which allows customers to meet with our financial experts at a time that is handy to them.” As formerly announced, our office will provide characteristic commercial lending and personal banking teams.


Malvern’s key govt appointment in New Jersey is William Boylan, senior vice chairman and leader lending officer for New Jersey and Pennsylvania. Boylan will lead Malvern’s New Jersey group and has already been working to make the country’s financial institution an achievement. He additionally finds time to serve his community as a trustee for the Bergen County-primarily based Vantage fitness system and with the aid of fundraising for Monmouth College and the local March of Dimes.

Search for the organization’s declaration at the electronic billboard in Wharton on Interstate Route 80.

Malvern Bancorp, Inc. is the preserving organization for Malvern Federal Savings Financial Institution. Malvern Federal Financial Savings Bank is a federally chartered, FDIC-insured savings institution initially prepared in 1887. It now serves as one of the oldest banks headquartered on the Philadelphia Mainline. For more than a century, Malvern has been dedicated to assisting human beings to construct prosperous communities as trusted financial partners, forging lasting relationships through teamwork, respect, and integrity. The financial institution conducts business from its headquarters in Paoli, Pennsylvania, a suburb of Philadelphia,, seven different financial facilities in Chester and Delaware Counties, Pennsylvania, and a private Banking mortgage production headquarters in Morristown, New Jersey. Its primary market niche is supplying personalized services to its consumer base.

Through its Private Banking division and strategic partnership with Bell Rock Capital, Rehoboth Delaware, the financial institution affords customized wealth control and advisory services to excessive net worth individuals and families. Our services include banking, liquidity management, funding services, 401(k) debts and planning, custody, tailored lending, wealth planning, trust, fiduciary offerings, coverage, own family wealth advisory services, and philanthropic advisory offerings.

For similar information regarding Malvern Bancorp, Inc., please visit our website at For information regarding Malvern Federal financial savings financial institution, please visit our online web website at

This press release carries certain ahead-looking statements. Forward-looking statements can be recognized because they do not relate strictly to ancient or cutting-edge information. They often include words like “agree with,” “assume,” “anticipate,” “estimate,” and “intend” or future or conditional verbs together with “will,” “might,” “should,” “could,” or “may additionally.” certain factors that would motive actual outcomes to differ materially from anticipated results include modifications in the interest fee surroundings, modifications in well-known financial situations, legislative and regulatory changes that adversely affect the business of Malvern Bancorp, Inc., and adjustments inside the securities markets. Except as regulation requires, the organization does not adopt any obligation to update any ahead-looking statements to mirror adjustments in beliefs, expectations, or events.