Malvern Federal Savings Bank Opens New Banking Offices in Morristown

Malvern Federal Savings Bank (Malvern), the wholly owned subsidiary of Malvern Bancorp, Inc., recently announced that its New Jersey headquarters is now open and serving Malvern’s New Jersey and New York client base, from offices located at 163 Madison Avenue in the Morristown Plaza Office Complex.

“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. “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.” As previously announced, our office will feature commercial lending and private banking teams.

Malvern’s key executive appointment in New Jersey is William Boylan, senior vice president and chief lending officer for New Jersey and Pennsylvania. Boylan will lead Malvern’s New Jersey team, and has already been working to make the Bank a success in the state.   He also finds time to serve his community as a trustee for Bergen County-based Vantage Health System and by fundraising for Monmouth University and the local March of Dimes.

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