Personal Accounts

At Malaga, we are committed to providing a personal banking experience that caters to today's busy lifestyle. Our personal bankers can help you find accounts that fit your needs and continue to work with you to realize and achieve your personal financial goals.

Choose from a variety of products and services; from checking accounts to lines of credit and personal loans, our personal bankers are here for you!

Checking Accounts

Our Checking Accounts offer Online Banking with Bill Payer, Mobile Banking and Mobile Deposit.

No Fee Checking

$100 minimum to open
Unlimited check writing
No monthly service fee with e-statements(1)
Does not earn interest
1st box of checks free
ATM reimbursement(2)
E-Statements required(1)

Student Checking

$100 minimum to open
Unlimited check writing
No monthly service fee
Does not earn interest
1st box of checks free
Under age 18 requires joint account with parent or guardian

Unlimited Checking

$100 minimum to open
Unlimited check writing
$10 monthly service fee if balance falls below $750 during the statement period
Does not earn interest
Check imaging

Senior Checking

$100 minimum to open
Unlimited check writing
No monthly service fee
Does not earn interest
Check imaging
1st box of checks free
ATM reimbursement (2)
For age 55+

Preferred Checking

$100 minimum to open
Unlimited check writing
$12 monthly service fee if balance falls below $1,500 during the statement period
Check imaging
Earns interest

For more information, contact a Customer Service Representative at 310.375.9000.

1 $3 monthly charge for paper statements.
2 Some ATM fees may be reimbursed; see account opening disclosure for details.

Savings and Money Market Accounts

Our Savings and Money Market accounts offer Online Banking with Bill Payer, Mobile Banking and Mobile Deposit.

Malaga Market(3)

$500 minimum to open
$10 monthly service fee if balance falls below $10,000 during the statement period
Earns interest
Unlimited over the counter withdrawals

Cash Management(4)

$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

Premier Market(4)

$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

Preferred Savings(4)

$100 minimum to open
$5 monthly service fee if balance falls below $200 during the statement period. Waived for minors, seniors and IRAs.
Earns interest
Unlimited over the counter withdrawals

For more information, contact a Customer Service Representative at 310.375.9000.

3 6 pre-authorized transfers (including checks, ACH, overdraft, online banking transfers, etc.) allowed per statement cylce. If limit is exceeded, an excess transaction fee of $10 per item will be assessed and/or the account subject to change.
4 6 pre-authorized transfers (including ACH, overdraft, online banking transfers, etc.) allowed per statement cylce. If limit is exceeded, an excess transaction fee of $10 per item will be assessed and/or the account subject to change.

Certificates of Deposit

Fixed Rate CD

Select your own term and interest rate based on the amount you invest. You can choose a term as short as 32 days or as long as five years.
$1,000 minimum to open
Penalty for early withdrawal
32 days - 5 years term

IRA CD

Traditional, Roth and Simplified Employee Pension Plans (SEP).
$1,000 minimum to open
No deposits except for annual contributions.
Penalty for withdrawal unless for Required Minimum Distribution (RMD)
32 days - 5 years term (Excludes liquid accounts)
$25 Annual Trustee Fee

Jumbo CD

For customers looking for a competitive rate on larger balances.
$100,000 minimum to open
Penalty for early withdrawal
32 days - 5 years term

Malaga Kids Account

Receive a free Malaga piggy bank to encourage savings!
No minimum to open
Unlimited deposits
Penalty for early withdrawal
1 year term
Maximum age to open is 17 years

3 Month Liquid CD

Offers unlimited deposits and one penalty-free withdrawal of up to 50% of the balance during each term.
$5,000 minimum to open
Unlimited deposits
1 penalty-free withdrawal up to 50% of balance during each term (IRA funds excluded)
3 month term

5 Month Liquid CD

Offers unlimited deposits and two penalty-free withdrawals of up to $50,000 combined during each term.
$5,000 minimum to open
Unlimited deposits
2 penalty-free withdrawals of up to $50,000 combined during each term (IRA funds excluded)
5 month term

For more information, contact a Customer Service Representative at 310.375.9000.

Services

Malaga Bank offers convenient services to meet your personal banking needs.

Electronic Services

…secure and convenient

  • Online Banking
  • e-Statements
  • Mobile Banking
  • 24 hour Telephone Banking
  • Bill Payer
  • Direct Deposit
  • ATM and VISA Debit Cards

Financial Services

…valuable and affordable

  • Personal Loans
  • Overdraft Lines of Credit
  • U.S. Savings Bond Redemption
  • Coupon Redemption
  • Wire Transfers
  • Telephone Transfers

Personal Banking Services

…flexible and reliable

  • Safe Deposit Boxes
  • Notary Service
  • Medallion Signature Guarantee
  • Trust Deed Note Collection
  • Night Depository
  • Bank by Mail
  • Photocopying

Person 2 Person

P2P allows you to pay anyone, simply and securely, without account numbers; all you need is their email address!

Mobile Deposit

Snap and Deposit.  

Depositing your check is now as easy as taking a picture.

Mobile Deposit provides convenience at your fingertips!

*Deposits are subject to verification and not available for immediate withdrawal.  

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.

Online Banking with Bill Payer

Malaga Online is designed to help make banking faster, easier, and more efficient.

Gain instant 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.

Use key financial tools!

Download your online statements directly to Quicken and QuickBooks with Malaga Online.

Pay bills anytime without writing or mailing checks with Malaga’s Bill Payer.  Pay bills faster and easier for both one-time and recurring bills.

For more information, contact a Customer Service Representative at 310.375.9000.