Malaga Bank purchases Casa del Portal building in Historic Malaga Cove Plaza

About Us

Locations

Palos Verdes

  Palos Verdes Estates Branch

Contact: Ana Straser 

Ana Straser

2514 Via Tejon
Palos Verdes Estates, CA 90274

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310-375-9000

Monday - Thursday 9:00am - 5:00pm
Friday 9:00am - 6:00pm
Saturday 9:00am - 1:30pm

Rolling Hills

Rolling Hills Estates Branch

Contact: Julia Parton

Julia Parton

27450 Hawthorne Blvd
Rolling Hills Estates, CA 90274 

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310-541-3000

Monday - Thursday 9:00am - 5:00pm
Friday 9:00am - 6:00pm
Saturday 9:00am - 1:30pm

Torrance Branch

Torrance Branch

Contact: Brent Anderson

Brent Anderson

25700 Crenshaw Blvd
Torrance, CA 90505

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310-784-2000

Monday - Thursday 9:00am - 5:00pm
Friday 9:00am - 6:00pm
Saturday 9:00am - 1:30pm

San Pedro

San Pedro Branch

Contact: Rose Mary Callahan

Rose Mary

1460 West 25th Street
San Pedro, CA 90732

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310-732-1100

Monday-Thursday 9:00am - 5:00pm
Friday 9:00am - 6:00pm
Saturday 9:00am - 1:30pm

Torrence Skypark

Torrance-Skypark Branch

Contact: Sacha Ohara

Brent Anderson

23670 Hawthorne Blvd Suite 101A
Torrance, CA 90505

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310-544-5180

Monday - Thursday 9:00am - 5:00pm
Friday 9:00am - 6:00pm*

*Effective December 1, 2018
Monday - Friday 9:00am - 5:00pm

Loan Center

Loan Center

Contact:
Dennis Mezzo
1-4 Unit Lending

Dennis Mezzo

Contact:
Mark Bustamante
Multi-family Lending

Mark Bustamante

Contact:
Mark Smith
Business Banking

Mark Smith

Contact:
John Tellenbach
Chief Credit Officer

John Tellenbach

23670 Hawthorne Blvd Suite 101B
Torrance, CA 90505

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310-544-7800

Monday - Friday 8:30am - 5:30pm

Directors and Bank Officers

Board of Directors

  • Richard A. Oas, M.D.
    Chairman
  • Raymond L. Craemer, M.D.
    Corporate Secretary
  • Randy C. Bowers
  • Jerry Donahue
  • Leo K.C. Lee
  • Andrew Sheng, D.M.D.

Officers

  • Randy C. Bowers
    President & CEO
  • Jasna Penich
    EVP, Chief Financial Officer

Retail Banking Operations

  • Sacha Ohara
    SVP, Branch Administrator / Torrance Skypark
  • Rose Mary Callahan
    VP, Retail Banking Manager / San Pedro
  • Naher Elramly
    VP, Branch Services Manager
  • Kristina Keys
    VP, Retail Operations Manager
  • Brent Anderson
    AVP, Retail Banking Manager / Torrance
  • Julia Parton
    AVP, Retail Banking Manager / Rolling Hills Estates

Corporate Administration

    • Randy C. Bowers
      President & CEO
    • Jasna Penich
      EVP, Chief Financial Officer
    • Connie Begovich
      VP, Deposit Compliance / BSA Officer
    • Mel Hashimoto
      VP, Controller
    • Maureen Bray
      AVP, Creative Marketing Director
    • Carmela Carroll
      AVP, Staff Auditor
    • Sheree Carroll
      AVP, Security Officer / Project Manager
    • Gayle CdeBaca
      AVP, Facilities Manager
    • Donald Lee
      AVP, Risk Specialist
    • Rafael Vargas
      AVP, IT Manager

Lending Operations

  • Mark Bustamante
    SVP, Income Property Lending
  • Dennis Mezzo
    SVP, Loan Production Manager
  • Mark S. Smith
    SVP, Business Banking
  • John Tellenbach
    SVP, Chief Credit Officer
  • Nina Brister
    VP, Loan Service / Funding Manager
  • Cathy Jaramillo
    VP, Loan Processing Manager

2018 Press Releases

Malaga Financial Corporation Reports 22% Increase in First Nine Months 2018 Earnings
 October 12, 2018

Malaga Financial Corporation Announces 57th Consecutive Quarterly Cash Dividend
 September 14, 2018

Malaga Financial Corporation Reports 23% Increase in First Half 2018 Earnings
 July 19, 2018

Malaga Financial Corporation Announces 56th Consecutive Quarterly Cash Dividend
 May 25, 2018

Malaga Financial Corporation Reports 26% Increase in First Quarter Earnings
 April 17, 2018

Malaga Financial Corporation Announces 55th Consecutive Quarterly Cash Dividend
 March 9, 2018

Malaga Financial Corporation Reports 32% Increase In Net Income For Fourth Quarter 2017
 January 26, 2018

2017 Press Releases

Malaga Financial Corporation Announces Special Year End 2017 Stock Dividend in Addition to First Quarter 2018 Cash Dividend
 November 16, 2017

Malaga Financial Corporation Reports Record Quarterly Earnings-Up 16%
 October 12, 2017

Malaga Financial Corporation Announces 53rd Consecutive Quarterly Cash Dividend
 September 15, 2017

Malaga Financial Corporation Reports Record Quarterly Earnings-Up Over 11%
 July 11, 2017

Malaga Financial Corporation Announces Consecutive Quarterly Cash Dividend
 May 26, 2017

Malaga Financial Corporation Reports Increased First Quarter Earnings
 April 11, 2017

Malaga Financial Corporation Announces 51st Consecutive Quarterly Cash Dividend
 March 10, 2017

Malaga Financial Corporation Reports Increased Earnings and Dividends
 January 19, 2017

Malaga Bank Named Business of the Year by the South Bay Association Chambers of Commerce
 January 3, 2017


2016 Press Releases

Malaga Financial Corporation Announces Special Year End 2016 Cash Dividend and 11% Increase in First Quarter 2017 Dividend
 November 18, 2016

Malaga Financial Corporation Announces the Retirement of Founding Member of Board of Directors and Appointment of Dr. Andrew Sheng to the Board of MFC and its’ Wholly Owned Subsidiary Malaga Bank, FSB
 November 18, 2016

Malaga Financial Corporation Reports Strong Third Quarter Earnings
 October 11, 2016

Malaga Financial Corporation Announces 49th Consecutive Quarterly Cash Dividend
 September 9, 2016

Malaga Financial Corporation Reports Strong Second Quarter Earnings
 July 13, 2016

Malaga Bank named in the Top 25 Healthiest Banks in America for the Third Consecutive Year
 June 7, 2016

Malaga Financial Corporation Announces 48th Consecutive Quarterly Cash Dividend
 May 27, 2016

Malaga Financial Corporation Reports Increased First Quarter Earnings
 April 11, 2016

Malaga Financial Corporation Reports Increased Earnings and Dividends
March 11, 2016

Malaga Financial Corporation Announces 47th Consecutive Quarterly Cash Dividend
January 22, 2016

2015 and prior Press Releases

Financials

Malaga Financial Corporation is the holding company of Malaga Bank, a full service community bank headquartered on the Palos Verdes Peninsula with branch offices on the Peninsula, Torrance and San Pedro. Since 1985, Malaga Bank has been delivering competitive banking services to residents, businesses and community organizations of the South Bay. As the largest community bank headquartered in the South Bay, Malaga Bank remains committed to its standard of excellence in customer service and strong relationship-based banking philosophy.

Stock Information

Malaga Financial Corporation (MFC) is the holding company of Malaga Bank.

MFC is traded over the counter, the symbol is MLGF.

For stock information please contact Randy C. Bowers, President and CEO at 310.375.9000 ext. 2004.

Transfer Agent:
Shareholder correspondence mailing address:
Computershare Shareholder Services
P.O. Box 505000
Louisville, KY 40233

Overnight correspondence mailing address:
Computershare Shareholder Services
462 South 4th Street, Ste. 1600
Louisville, KY 40202

Shareholder website
www.computershare.com/investor
Shareholder online inquiries
www-us.computershare.com/investor/Contact

View Malaga Financial Corporation's Stock

Message from the CEO

Randy Bowers

Randy Bowers

President and CEO

Our Mission

"Our mission is to provide exceptional service and quality banking products tailored to meet the needs of each customer."

Why Malaga Bank? Bank Local First!

Since Malaga Bank opened its first office in Palos Verdes Estates on March 14, 1985 we have been a strong proponent of our local community and helping one another. We believe in supporting our community and in patronizing local businesses. As a full service community bank we have been serving the financial needs of the South Bay community for over 30 years offering a variety of personal banking products, business banking products and loan products that compare favorably with those at larger financial institutions. Malaga Bank's philosophy is to provide a broad range of financial products and services to the entire South Bay community with the best in hospitality and service to go along with them.

When was the last time a bank teller greeted you by name? When was the last time a bank president did? At Malaga Bank it happens every day. While other banks claim to give personal service, at Malaga Bank we actually deliver it. Here at Malaga, customers aren't simply customers; they're also friends and neighbors. In fact, many of our customers have been banking with us since the day we opened our doors in 1985.

Everyone who walks through the door of any office receives much more than a mere financial transaction. Banking with Malaga Bank is an experience-an experience of community and genuine concern for our customers. An experience unlike any other in today's world of mega-banks with corporate offices several time zones away from the customers they are supposed to serve. Our customers at Malaga enjoy elegant surroundings with daily Starbucks coffee and, during the holidays, pie from Marie Callender's. They are greeted warmly by staff-many whom they have come to know and like: Familiar faces who embrace technology without ever forgetting that before you had a username and password, you had just a name.

These intangibles make the experience of banking with Malaga one that's very rare. It's an experience that is valued not only by our current customers, but everyone who knows that both financially, and personally, they deserve the best banking has to offer.

Experience the difference today and "bank local" with the bank that is a part of your community.

Career Opportunities

At Malaga Bank, we consider our customers as friends and family.  Our most valuable resource is our employees, whose dedication and hard work has enabled us to cultivate and maintain long-lasting relationships with our customers across the South Bay.  We recognize that success comes from team work and exceptional individual effort.  Therefore, we are committed to creating an environment where every employee can learn and grow.

Credit Analyst (Full-time)

  • Analyze loan application, financial statements, tax returns, appraisals and title for each applicant. Provide analysis and draft credit memo for final review and approval.
  • Must have experience in analyzing entity documentation and real estate lending. Work location is in Torrance and South Bay residence preferred.

Personal Banker I (Full-time)

  • The position of Personal Banker I is responsible for providing support to all assigned areas of branch operations, including CSR, safe deposit box, new accounts, and other areas of basic branch operations as directed by Personal Banker III or above.
  • Must be fully knowledgeable in branch operations as they pertain to processing all branch transactions and opening new consumer and basic business accounts; is able to provide training and support to less experienced staff members.
  • Responsible for processing all new account transactions; may perform official notary service duties; adept at cross-selling; maintains excellent customer service and has the ability to problem solve customer requests.
  • Assures compliance with all Bank policies and procedures, as well as, all applicable state and federal banking regulations.

Personal Banker III (Full-time)

  • The position of Personal Banker III is responsible for performing intermediate duties and support related to branch operational activities and financial services; processing all new account transactions; assisting customers in their selection of various accounts and financial services; cross-selling the Bank’s products and services.
  • Opening, maintaining and closing of all account types; performing branch clerical duties; promoting business for the Bank by maintaining good customer relations and referring customers to appropriate staff for new services.
  • Required to be fully knowledgeable and skilled in the areas of Business/Consumer Loan Products, teller, vault, safe deposit, processing and discussing and accepting credit applications and is required to provide leadership, training and support to less experienced staff members.
  • Assures compliance with all Bank policies and procedures, as well as, all applicable state and federal banking regulations.

We’re always looking for talented professionals to join our friendly, community-based banking team. We invite you to send in your application today. If you don't see a current opening that fits your qualifications, submit your resume for future consideration.

We offer a range of competitive benefits including:

  • Medical, Dental, and Vision Insurance
  • Life, Short and Long Term Disability Insurance
  • Flexible Spending Account
  • 401(k) Plan with Employer Match
  • Vacation and Sick Leave

Invest in a career where diversity makes a difference. Change your life and your community with a new career at Malaga Bank!

Please direct inquiries to:

Malaga Bank
Attn: HR Assistant
2514 Via Tejon
Palos Verdes Estates, CA 90274

310-375-9000
310-378-4368

Apply Today! Complete an application and fax, email, or drop off at a branch near you. Please do not send any sensitive or confidential information through this email, such as account numbers or tax ID numbers. Allow up to 24 hours for a response.

Malaga Bank is an Equal Opportunity Employer.

Contact Us

Banking

If you would like to speak with a bank representative, please visit the locations page to find the phone number of a branch near you.

To report a lost or stolen Malaga Bank ATM or Debit Card, please call 24 hours a day, 7 days a week at 310-375-9000.

Loans

If you would like to speak with a loan officer, please visit the locations page for the phone number to our loan office.

Corporate Offices:

Malaga Bank FSB
2514 Via Tejon
Palos Verdes Estates, CA 90274

T 310-375-9000
F 310-373-3615

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We want to hear from you! For general questions or comments please email malagabank@malagabank.com. Please do not send any sensitive or confidential information through this email, such as account numbers or tax ID numbers. Allow up to 24 hours for a response.