Malaga Bank Named #1 Healthiest Bank in America
August 12 2014 - 7:44PM
Business Wire
Malaga Financial Corporation (OTCBB:MLGF), the parent
company of Malaga Bank, FSB, today reported that
DepositAccounts.com, the largest and most comprehensive online
publication in the U.S. dedicated to banking/savings (deposits)
information for consumers, has just released the 2014 edition of
its Top 200 Healthiest Banks in America. Malaga Bank topped the
list of over 6,500 banks across the U.S. Each year
DepositAccounts.com evaluates the financial health of every
federally insured bank in the United States – more than 6,500
total. Each institution is graded on a number of factors, including
capitalization, deposit growth, and loan to reserve ratios, in
order to determine a comprehensive health score, with
DepositAccounts.com recognizing those institutions who have shown
exceptional fiduciary responsibility in its 2014 edition of the Top
200 Healthiest Banks in America.
A more detailed breakdown of Malaga Bank’s A+ health score may
be found in the health section of its dedicated bank page at
www.depositaccounts.com/banks/malaga-bank-fsb.html#health.
Malaga Bank, a subsidiary of MFC, is a full-service community
bank headquartered on the Palos Verdes Peninsula with six offices
located in the South Bay area of Los Angeles. In its 30th year,
Malaga Bank has been delivering competitive banking services to
residents and businesses of the South Bay, including real estate
loan products custom-tailored to consumers and investors. As the
largest community bank in the South Bay, Malaga is proud of its
continuing tradition of relationship-based banking and legendary
customer service. The Bank’s web site is located at
www.malagabank.com.
Malaga Financial CorporationRandy BowersPresident and Chief
Executive Officer310-375-9000rbowers@malagabank.com
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