Malaga Bank Opens New Torrance-Skypark Branch

Malaga Bank, FSB, today announced the expansion of its banking operations with the opening of their new Torrance-Skypark Branch on Monday, August 6, 2012.

“We’re very excited to announce this addition to our branch locations and are pleased that the continued financial strength of Malaga Bank has allowed us to expand our retail banking network,” stated Randy C. Bowers, President and CEO.

“As recently announced on MSN.money, Malaga Bank was rated one of the 16 safest banks in California - and one of the 349 safest banks in the United States. In addition, for over ten years Malaga Bank has been recommended by Bauer Financial Inc., a leading independent bank and credit union rating firm. We have earned Bauer’s highest 5-Star rating for 18 consecutive quarters. This recognition acknowledges the exceptional financial strength of our organization.”

Randy Bowers concluded, “We invite everyone to stop by and visit Mark Smith, Senior Vice President, Business Banking; Lydia Leung, Assistant Retail Banking Manager; and their staff. While you’re there, enjoy a cup of freshly brewed gourmet coffee and experience the legendary customer service that has become Malaga Bank’s trademark.”

The Torrance-Skypark Branch is open five days a week: 9:00 a.m. to 5:00 p.m. Monday through Thursday and 9:00 a.m. to 6:00 p.m. on Friday. Malaga’s Torrance-Skypark Branch includes a full service ATM and is located at 23670 Hawthorne Boulevard, Suite 101a, Torrance, CA 90505. Tel. [phone].

Malaga Bank, a subsidiary of Malaga Financial Corporation, is the largest community bank headquartered on the Palos Verdes Peninsula, now having six separate banking 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 web site is located at www.malagabank.com.

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