Malvern Federal Savings Expands to New Jersey

PAOLI, PA -- Malvern Federal Savings Bank recently held its Ribbon Cutting and Opening Reception at their New Jersey Headquarters in Morristown, according to a press release.

President Anthony C. Weagley received Proclamations from the Lieutenant Governor and The Morris County Board of Freeholders by Doug Cabana and Tom Mastrangelo. An opening reception was held at its 163 Madison Ave. office to welcome Malvern’s New Jersey and New York client base, according to the release.

“With this opening, Malvern is solidifying its presence and, more importantly, setting our firm footprint in New Jersey, by bringing Malvern’s first class customer service into the State,” said Anthony C. Weagley, President and CEO of Malvern Bancorp, Inc. and Malvern Federal Savings Bank, in a statement. “We offer consumers a superior, personalized banking experience, including banking by appointment, which enables customers to schedule a meeting with our financial professionals at a time that is convenient to them.”

Malvern’s key executive appointment in New Jersey is William Boylan, senior vice president and chief lending officer for New Jersey and Pennsylvania. Boylan leads Malvern’s New Jersey team and is working to make the Bank a success in the state, the press release states.

Image courtesy Malvern Federal Savings.