Malvern Bank Comes To Morristown

There's a new bank in town, with very old roots.

Malvern Federal Savings Bank, a subsidiary of Malvern Bancorp, Inc. held an opening ceremony and reception in Morristown on August 10. More than 100 guests and state, local, and county officials attended the reception.

“Malvern is solidifying its presence and, more importantly, setting our firm footprint in New Jersey, by bringing Malvern’s first class customer service into the State,” said Anthony C. Weagley, President and CEO of Malvern Bancorp, Inc. and Malvern Federal Savings Bank.

“We welcome Malvern to New Jersey and, especially to Morris County,” said Freeholder Tom Mastrangelo.
The bank has been around since 1887 and now serves as one of the oldest banks headquartered on the Philadelphia Mainline. It is the first Malvern Bank in Morris County.