Malaga Financial Corporation Ranked #1 Community Bank in California
07 Maio 2013 - 6:57PM
Business Wire
Malaga Financial Corporation (OTCBB:MLGF), the parent
company of Malaga Bank, FSB, today announced their listing among
the top 200 Community Banks in the United States as published in
the May 2013 issue of American Banker magazine. The rankings were
based on average return on equity for the 3 year period ending
December 31, 2012. Malaga was the top ranked institution located in
California and was ranked #9 among the top 200 in the nation.
Randy C. Bowers, President and CEO, remarked, “We are pleased to
once again receive recognition as one of the top performing
financial institutions in the nation. On numerous occasions over
the last several years we have been recognized for both our
financial performance and the safety of our institution. These
acknowledgements are a result of the continued hard work of
colleagues and the support of our shareholders. We thank all of
those involved for their contributions to our success.”
Malaga Bank, a subsidiary of Malaga Financial Corporation, is a
full-service community bank headquartered on the Palos Verdes
Peninsula with six offices located in the South Bay area of Los
Angeles. Since 1985 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 website is
located at www.malagabank.com.
Malaga Financial (PK) (USOTC:MLGF)
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