About Us

Locations

Palos Verdes

  Palos Verdes Estates Branch

Contact: Ana Straser 

Anna Stasser

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: Kim Edwards

Kim Edwards

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

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: Brent Anderson

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

Loan Center

Loan Center

Contact:
Dennis Mezzo
1-4 Unit Lending

Dennis Mezzo

Contact:
Mark Bustamante
Multi-family Lending

Mark Bustamante

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

  • Jerry Donahue
    Chairman
  • Richard A. Oas, M.D.
    Corporate Secretary
  • Randy C. Bowers
  • Raymond L. Craemer, M.D.
  • 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
  • Connie Begovich
    VP, Deposit Compliance / BSA Officer
  • 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 and Torrance Skypark
  • Carmela Carroll
    AVP, Staff Auditor
  • Kim Edwards
    AVP, Retail Banking Manager / Rolling Hills Estates

Corporate Administration

  • Randy C. Bowers
    President & CEO
  • Jasna Penich
    EVP, Chief Financial Officer
  • Mel Hashimoto
    VP, Controller
  • Maureen Bray
    AVP, Marketing Coordinator
  • Sheree Carroll
    AVP, Security Officer / Project Manager
  • Gayle CdeBaca
    AVP, Facilities Manager
  • 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

Press Releases

2017 Press Releases

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 Press Releases

Malaga Financial Corporation Announces Special Year End 2015 Cash Dividend
November 20, 2015

Malaga Financial Corporation Reports Solid 3rd Quarter Earnings
October 19, 2015

Malaga Financial Corportation Announces 45th Consecutive Quarterly Cash Dividend
September 11, 2015

Malaga Financial Corporation Reports Increased Earnings and Solid Growth
July 13, 2015

Malaga Financial Corporation Announces 44th Consecutive Quarterly Cash Dividend
June 12, 2015

Malaga Financial Corporation Ranked Among the Top 3 Thrifts in the U.S. for the Sixth Consecutive Year!
May 26, 2015

Malaga Financial Corporation Reports Increase in First Quarter Earnings
April 22, 2015

Malaga Bank Celebrates 30 Years Serving the South Bay
March 14, 2015

Malaga Financial Corporation announces 43rd Consecutive Quarterly Cash Dividend
March 13, 2015

Malaga Financial Corporation Reports Increased Earnings in 4th Quarter
January 23, 2015

2014 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 30170
College Station, TX 77842-3170

Overnight correspondence mailing address:
Computershare Shareholder Services
211 Quality Circle, Ste. 210
College Station, TX 77845

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.

Job 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.

BSA/Compliance Assistant (Part-time)

  • The BSA/Compliance Assistant is responsible for assisting the Deposit Compliance/BSA Officer in maintaining a smooth and efficient Deposit Compliance/BSA department; gathers various data and reports, and files in accordance with applicable procedures.

  • Responsibilities include awareness of regulatory requirements and confidentiality of information.

  • The BSA/Compliance Assistant position requires a high degree of accuracy, strong attention to detail and awareness of strict deadlines; desire experience in the BSA/AML environment. Possessing good writing, analytical, and problem solving skills. Must have intermediate knowledge in MS Office Suite; Excel and Word.

  • Strong organizational and multitasking skills; strong time management skills; knowledge of general administration; ability to communicate effectively; ability to follow oral and written instructions; ability to work independently or as part of a team. Must be professional in appearance and excellent verbal communication skills

We are glad that you have made the decision to explore joining Malaga Bank's fun, friendly, community-based banking team.  If you don't see a current opening that fits your qualifications, submit your resume for future consideration.

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 888-562-5242.

To access your accounts 24/7 – Malaga MoneyPhone at 888-562-5242

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.