Malaga Financial Corporation (MLGF)

Malaga Financial Corporation serves as the parent company for Malaga Bank, offering a full spectrum of community banking products and services tailored for both individual and business customers. Its diverse range of deposit options includes checking, savings, NOW, and money market accounts, in addition to certificates of deposit and demand deposits. The institution also provides various lending solutions, such as commercial real estate, land acquisition, business financing, consumer, and personal loans, alongside single and multi-family residential mortgage options. Furthermore, Malaga Bank delivers numerous supplementary services, including coupon and U.S. savings bond redemption, direct deposit, overdraft lines of credit, telephone transfers, and wire transfer capabilities. Customers can also access ATM and VISA debit cards, bank by mail, medallion signature guarantee, night depository services, notary publics, secure safe deposit boxes, and trust deed note collection. For digital convenience, the company offers comprehensive online banking, featuring bill payment, electronic statements, and mobile banking applications. As of December 31, 2021, Malaga Financial Corporation maintained five branch offices across Palos Verdes Estates, Rolling Hills Estates, Torrance, and San Pedro, California. The company was founded in 2002 and is headquartered in Palos Verdes Estates, California.

Sector: Banks - Regional

Industry: Banks - Regional