Malaga Financial Corporation (MLGF)
OTCMKTS · Delayed Price · Currency is USD
21.60
+0.12 (0.56%)
Jan 20, 2026, 3:54 PM EST

Malaga Financial Company 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 in the United States.

It offers checking, savings, and money market accounts; certificates of deposit, as well as digital wallet services.

The company also provides business loans comprising loans and lines of credit, revolving lines of credit, term loans, equity lines of credit, income property loans, and specialty lending; multifamily, 1–4-unit investment property, and commercial real estate loans; and home equity lines of credit.

In addition, it offers online banking, mobile banking, bill pay, e-statements, Malaga mobile app, mobile deposit, person 2 person, e-ACH, Positive Pay fraud mitigation tool, and electronic deposit services for businesses; and banking services, including ATM and chip enabled debit cards, bank by mail, medallion signature guarantee, night depository, notary service, safe deposit boxes, and trust deed note collection.

The company was founded in 1985 and is headquartered in Palos Verdes Estates, California.

Malaga Financial Corporation
CountryUnited States
Founded1985
IndustryBanks - Regional
SectorFinancials
Employees73
CEORandy Bowers

Contact Details

Address:
2514 Via Tejon
Palos Verdes Estates, California 90274
United States
Phone310 375 9000
Websitemalagabank.com

Stock Details

Ticker SymbolMLGF
ExchangeOTCMKTS
Stock TypeCommon Stock
Fiscal YearJanuary - December
Reporting CurrencyUSD
ISIN NumberUS5610461031
SIC Code6035

Key Executives

NamePosition
Randy C. BowersChairman, President and Chief Executive Officer
Jasna PenichExecutive Vice President, Chief Financial Officer and Director
Donald LeeSenior Vice President of Risk and BSA Officer
Sacha DuncanSenior Vice President of Retail Banking Manager
Jerry A. DonahueCorporate Secretary and Director
David IwasakaVice President and Controller