THE BANK
Name: Malvern Federal Savings Bank, Malvern Bancorp Inc. Founded, 1887. Base: Paoli, seven branches. Dollars: Fiscal year net income of $3.7 million, up from $323,000 in previous year; $665.7 million in assets, up from $542.3 million.
Name: Malvern Federal Savings Bank, Malvern Bancorp Inc. Founded, 1887.
Base: Paoli, seven branches.
Dollars: Fiscal year net income of $3.7 million, up from $323,000 in previous year; $665.7 million in assets, up from $542.3 million.
Border hopping: Bank added a commercial lending division in New Jersey.
Employees: 71, down from 93 a year ago.EndText