Personal Checking

When you open an account with us, you’ll get a winning combination of robust services and a community-based partner.

Hands holding a mobile phone to take picture and deposit.

No Fee Checking

No monthly service fee on Student and Senior Checking accounts. No Fee Checking is free with e-statements. Monthly service fees can be waived on Unlimited and Preferred Checking if minimum balance requirements are met.

Personal Banking Experience

We’re on a first-name basis with all our customers and take the time to get to know you and your financial goals. Experience a personal banking relationship with the face-to-face service you want and deserve. We’ve been established in South Bay for 39 years and we’re not going anywhere.

Digital Banking

Enjoy secure, on-the-go access to your Malaga Bank accounts, CD balances, loans, and more. Add your Malaga Bank debit card to your mobile wallet app for safe and easy payments wherever contactless payments are accepted. Pay bills online, deposit checks through the Malaga Mobile App, and download your account history for accounting and budgeting purposes.

Convenient Locations

Our multiple branches throughout the peninsula make us the premier community bank for South Bay. Visit us in Palos Verdes Estates, Rolling Hills Estates, Torrance, or San Pedro to be greeted by name and given the attentive service you value.

Ready to open a new checking account in the South Bay area? Visit any of our branches to receive personalized service throughout the account opening process.

Find a location near you

Checking Products

No-Fee CheckingStudent CheckingUnlimited CheckingSenior CheckingPreferred Checking
Min to Open $100 $100 $100 $100 $100
Check Writing Unlimited Unlimited Unlimited Unlimited Unlimited
Monthly Fees No monthly service fee with e-statements enabled(1) No monthly service fee $10 monthly service fee if balance falls below $750 during the statement period No monthly service fee $12 monthly service fee if balance falls below $1,500 during the statement period
Interest - - - - Yes
1st Box of Checks FREE FREE Orderable FREE Orderable
ATM Reimbursement(2) ATM or Debit Card  Reimbursement(2)
E-Statements Required(1) Available Available Available Available
Restrictions For age 16+, under age 18 requires parent or guardian as co-owner Age 55+

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.
3 Online Banking is for 18 years+.