Malaga Financial Corporation (MLGF)

22.54 -0.26 (-1.14%) As of 11:34AM EDT. Market open.

Malaga Financial Corporation

2514 Via Tejon
Palos Verdes Estates, CA 90274
United States
310 375 9000
https://www.malagabank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 75

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Randy C. Bowers	Chairman, President & CEO	N/A	N/A	1950
Ms. Jasna Penich	Executive VP, CFO & Director	N/A	N/A	1958
Donald Lee	Senior VP of Risk & BSA Officer	N/A	N/A	1985
Mr. Jerry A. Donahue	Corporate Secretary & Director	N/A	N/A	1938
David Iwasaka	VP & Controller	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers. It offers checking, savings, NOW, and money market accounts, certificates of deposits, and demand deposits. The company also provides commercial real estate, land, business banking, consumer, and personal loans, as well as single and multi-family residential mortgage loans. In addition, it offers coupon redemption, direct deposit, overdraft lines of credit, telephone transfers, U.S. savings bond redemption, and wire transfer services; and ATM and VISA debit cards, bank by mail, medallion signature guarantee, night depository, notary, safe deposit boxes, and trust deed note collection services. Further, the company provides online banking services, including bill payer, e-statements, and mobile banking services. The company was founded in 2002 and is headquartered in Palos Verdes Estates, California.

Corporate governance

Malaga Financial Corporation’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.