Company Information

Get to know Malvern Federal Bancorp

Malvern Federal Bancorp, Inc. operated as the holding company for Malvern Bank, National Association. Originally founded in 1887 as a federal savings association, it served individuals and businesses primarily in Chester, Delaware, and Montgomery counties in Pennsylvania, and in Morristown, New Jersey. The bank focused on providing personalized community banking services, including a range of deposit products, residential and commercial mortgage loans, and commercial business loans. The company also had a private banking and wealth management division. On November 30, 2020, Malvern Federal Bancorp, Inc. was acquired by and merged into First Bank (headquartered in Hamilton, NJ).

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Malvern Federal Bancorp

United States

Founded in

1887 (139 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.