Malaga Financial Corp MLGF

Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers in the United States. The company offers checking, savings, and money market accounts; certificates of deposit, as well as digital wallet services. It also provides business loans comprising loans and lines of credit, revolving lines of credit, term loans, equity lines of credit, income property loans, and specialty lending; multifamily, 1–4-unit investment property, and commercial real estate loans; and home equity lines of credit. In addition, it offers online banking, mobile banking, bill pay, e-statements, Malaga mobile app, mobile deposit, person 2 person, e-ACH, Positive Pay fraud mitigation tool, and electronic deposit services for businesses; and banking services, including ATM and chip enabled debit cards, bank by mail, medallion signature guarantee, night depository, notary service, safe deposit boxes, and trust deed note collection. The company was founded in 1985 and is headquartered in Palos Verdes Estates, California.