Business Accounts

Why have a Business Banking Relationship with Malaga Bank?

Your business is unique, and you need a banker who understands your business and your financial structure. Our business bankers work with you to realize and achieve your business' financial goals. You'll have the peace of mind knowing that we are here to take the guess work out of business banking so you can get back to work.

Choose from a variety of Business Products and Services; from checking accounts to loans and lines of credit, our business bankers are accessible to answer your questions and meet your individual financial needs.


Business Banking Checking Accounts

Our checking accounts offer a Business Debit card(2) , E-Statements, Online Banking with Bill Payer and Mobile Banking.

Business Checking Plus
Sole Proprietors

$100 minimum to open
Write 50 checks. $0.25 each additional check
$10 monthly service fee if balance falls below $1,000 during the statement period
Earns interest
Check imaging
Electronic Deposit for Business(1)

Business Checking
Corporations, LLC, LLP, LP

$500 minimum to open
25 deposits and/or write 100 checks. $0.25 each additional item
$15 monthly service fee if balance falls below $3,000 during the statement period
Does not earn interest
Check imaging
Electronic Deposit for Business (1)

Community Checking
Non-profit Organizations/Corporations

$100 minimum to open
Unlimited check writing
No monthly service fee
Earns interest
Check imaging
Electronic Deposit for Business(1)

Analyzed Business Checking

$500 minimum to open
Check writing available
Monthly Service Fee: $20 per account analyzed
Does not earn interest
Check imaging
Electronic Deposit for Business(1)

Client Trust Accounts
IOLTA for Attorneys Only

$100 minimum to open
Unlimited check writing
$10 monthly service fee if balance falls below $1,000 during the statement period
Earns interest
Service charge is done through quarterly analysis. Interest, minus permissible fees, is paid to the state program. Attorneys are responsible for fees that the state program does not permit to be paid from the interest.
Check imaging
Electronic Deposit for Business(1)

1 Ask about pricing.

2 Business Debit Card not offered with Client Trust Accounts.

Savings and Money Market Accounts

Our savings and money market accounts offer E-Statements, Online Banking with Bill Payer and Mobile Banking.

Business Money Market(2)

$1,000 minimum to open
$10 monthly service fee if balance falls below $1,500 during the statement period
Earns interest
Check imaging
Unlimited over the counter withdrawals
Electronic Deposit for Business(1)

Cash Management(3)

$25,000 minimum to open
$15 monthly service fee if balance falls below $10,000 during the statement period
Earns interest
Unlimited over the counter withdrawals
Electronic Deposit Business(1)

Premier Market(3)

$500 minimum to open
$5 monthly service fee if balance falls below $10,000 during the statement period
Earns interest
Unlimited over the counter withdrawals
Electronic Deposit Business(1)

Preferred Savings(3)

$100 minimum to open
$5 monthly service fee if balance falls below $200 during the statement period
Earns interest
Unlimited over the counter withdrawals
Electronic Deposit Business(1)

1 Ask about pricing.
2 6 pre-authorized transfers (including checks, ACH, overdraft, online banking transfers, etc.) allowed per statement cycle. If limit is exceeded, an excess transaction fee of $10 per item will be assessed and/or the account subject to change.
3 6 pre-authorized transfers (including ACH, overdraft, online banking transfers, etc.) allowed per statement cycle. If limit is exceeded, an excess transaction fee of $10 per item will be assessed and/or the account subject to change.

Business Loans

Contact: Mark Smith

23670 Hawthorne Blvd. #101 B

Torrance, CA 90505

310-544-7800

Business Loans and Lines of Credit

Loan amounts from $10,000 to $500,000.

Get started now!

Loan Application Package

Business Revolving Lines of Credit

Used to support short term working capital needs such as payroll, taxes, accounts payable and advertising. Also helpful in funding employee pension plan contributions. Lines of Credit can be accessed by check, telephone, or online transfers.

Business Term Loans

Helps you grow and expand whether you're acquiring a business or building, making tenant improvements, or buying equipment for your business.

Lease and Loan Consolidation

Helps manage business expenses more effectively.

Equity Lines of Credit

Allow you to access the equity in your income property or home.

Small Business Administration (SBA) Lender

Small business loan programs guaranteed by the SBA are designed to help your business grow and prosper.

Specialty Lending

Offered on Office Buildings, Professional Condos, and new Construction.

Income Property Loans

Whether on Commercial or Light Industrial buildings, these loans offer great financing terms. Provisions for additional future advances available without making you incur the added cost of refinancing.

Business Banking Services

Online Banking with Bill Payer

E-Statements and Mobile Banking

Malaga Online provides access to your account to transfer funds between your Malaga Bank accounts, track CD balances and maturity dates, make loan payments, advance your line of credit, pay bills and much more.

Whether it’s Bill Payer, E-Statements or Mobile Banking, Online Banking makes managing your finances easier and more efficient.

Use key financial tools!
Download your online statements directly to Quicken and QuickBooks with Malaga Online.

Malaga App

Go Mobile with Malaga Mobile!

The Malaga service you know and love, now in the palm of your hand. Stay connected wherever life takes you. Our mobile app allows you to view account information, pay bills, transfer funds, search account history and more.

Visit the iTunes® App Store or Google Play® to download the Malaga Bank app.

e-Wires

Send domestic wires more efficiently by using e-Wires at Malaga Online!

Electronic Deposit for Business

Deposit checks right from your office!

Eliminate courier costs and trips to the bank. Make deposits 24/7, weekends and holidays included - it's so convenient!

e-ACH

Streamline your banking processes by using e-ACH to create and send ACH batches!

  • Use e-ACH to pay employees by direct deposit.
  • Deduct funds from pre-authorized accounts.

Save more time by utilizing recurring batches. Review the history of your e-ACH activity.

Positive Pay

  • Avoid fraud; use bank services to compare and clear business checks.
  • Create and upload specific check payment files; the bank saves these for comparison and individual check review.
  • The bank compares incoming checks against submitted lists, if a check is not found on the list, it's rejected.