MLGF - Malaga Financial Corporation

Other OTC - Other OTC Delayed Price. Currency in USD

Malaga Financial Corporation

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

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees80

Key Executives

NameTitlePayExercisedYear Born
Mr. Randy C. BowersChairman, Pres & CEON/AN/A1950
Ms. Jasna PenichExec. VP & CFON/AN/A1958
Mr. Mark BustamanteSr. VP of Income Property Lending - Lending OperationsN/AN/AN/A
Mr. Dennis MezzoSr. VP & Loan Production Mang. of Lending OperationsN/AN/AN/A
Ms. Sacha OharaSr. VP & Branch Administrator - Retail Banking OperationsN/AN/A1971
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is 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. The company offers checking accounts, savings accounts, money market accounts, and certificates of deposit. It also provides business loans and lines of credit, revolving lines of credit, term loans, lease and loan consolidation, equity lines of credit, small business administration loans, and special and income property loans, as well as personal loans and overdraft lines of credit. In addition, the company offers real estate loans comprising residential, construction, commercial, and apartment loans, as well as home equity lines of credit. Further, it provides U.S. savings bond redemption, coupon redemption, wire and telephone transfer, online and mobile banking, bill payer, e-statement, direct deposits, and ATM and VISA debit cards, as well as safe deposit boxes, notary, medallion signature guarantee, trust deed note collection, night depository, bank by mail, and photocopying services. As of April 17, 2018, the company operated six offices in the South Bay area of Los Angeles. Malaga Financial Corporation was founded in 1985 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 a 10 indicates higher governance risk.