Malvern Bank
- Company typePrivate
- Founded1906
- HeadquartersBerwyn, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Malvern Bank does
Malvern Bank is a privately held, for-profit community bank founded in 1887 and headquartered in Berwyn, USA. With an employee count of 101–250, the institution has operated continuously for more than 135 years, indicating an established local franchise and a stable, long-tenured customer base consistent with legacy community banking. The bank is positioned as a multi-product retail and commercial financial services provider rather than a single-line specialist.
The bank's service offering spans five core product areas: savings accounts, business lending, insurance, home loans, and investment management. This breadth positions Malvern Bank as a one-stop financial provider for both households and small-to-mid-sized businesses within its catchment. The combination of traditional deposit and lending products with non-bank fee-generating lines (insurance and investment management) indicates a deliberate diversification strategy beyond pure net interest income, which is characteristic of community banks seeking stable, recurring fee revenue.
The available source data is limited to high-level firmographics and does not disclose deposit base, loan-portfolio composition, branch network footprint beyond headquarters, digital banking capabilities, technology stack, pricing, customer segments, or financial performance. The bank's website (mymalvernbank.com) is the primary online channel referenced, but detailed product features, rates, fees, and operational metrics are not available, restricting deeper operational and competitive analysis.
Malvern Bank firmographics
Firmographics- Name
- Malvern Bank
- Legal name
- First Bank
- Website
- https://mymalvernbank.com
- Company type
- Private
- Founded year
- 1906
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Malvern Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industry
- Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)
Keywords
Where Malvern Bank is headquartered
LocationHeadquarters
- HQ city
- Berwyn
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Malvern Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Interest Income from Lending: Interest earned on business and personal loans including commercial lending, residential mortgages, home equity loans/lines, auto loans, SBA loans, construction financing, and asset-based lending
- Deposit Account Fees: Fees from checking accounts, savings accounts, money market accounts, and CD/IRA accounts
- Treasury Management Services: Merchant services, escrow management, and other business banking services
- Credit Card Income: Income from business and personal credit cards including interchange fees and interest
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | 13-month CD promotional rate: 4.10% APY |
| Transaction based/ take rate | Pay-as-you-go | Business Express Loans: Up to $350,000 |
| Other | Pay-as-you-go | Clover Merchant Services Promotion |
| Subscription | One time/ perpetual license | Mortgage Discount |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Malvern Bank product offering
Product offeringCore offering
Malvern Bank is a regional community bank delivering deposit products (checking, savings, money market, CDs, IRAs), business and personal lending (SBA, mortgages, home equity, auto, asset-based, business express), treasury management, merchant services, and digital banking channels (online, mobile, telephone). Operations span branch-based relationship banking and digital platforms across New Jersey, Pennsylvania, and Florida markets.
Product overview
First Bank (First Bank NJ) is a regional community bank offering a comprehensive suite of banking products organized across three main segments: Business Banking, Personal Banking, and Lending. The business banking portfolio includes multiple checking account types (Business First Checking, Nonprofit Checking, Commercial Analysis Checking, Business Escrow Checking), savings and money market products, treasury management services (Escrow Management, Merchant Services via Clover POS), and Government Banking. Personal banking encompasses various checking options (Basic, E-Checking, Relationship, 50 First, Community, GenGold), savings vehicles (Statement Savings, Personal Money Market, Relationship Money Market, CDs/IRAs including a promotional 13-month CD at 4.10% APY), and debit cards. The lending division provides extensive business financing (Asset-Based Lending, Business Express loans up to $350,000, Private Equity Banking, SBA Lending, Lines of Credit, Term Loans, Commercial & Industrial Lending, Construction Financing, Business Credit Cards) and personal lending (Residential Mortgages with $995 promotional savings, Personal Secured Loans, Auto Loans, Personal Credit Cards, Mortgage Days program, Home Equity Loans and Lines of Credit). Digital banking capabilities include Personal Online/Mobile/Telephone Banking and Business Online/Mobile/Telephone Banking, plus an AI-powered chatbot named Penny for customer support.
Differentiator
Problem solved
Functional benefit
Brands
- FB OnTheGo: Mobile banking application for iOS and Android devices
- GenGold
- 50 First Checking
- Business Express
- First Bank Business Credit Cards
- First Bank Personal Credit Cards
Products and services
- Business First Checking Business checking account designed for general business banking needs.
- Nonprofit Checking Account Checking account for nonprofit organizations with banking features suited to their operations.
- Commercial Analysis Checking Account Business checking account with analysis features for commercial clients.
- Business Escrow Checking Account Checking account designed for escrow management purposes.
- Business Savings Savings account for business deposits with competitive interest rates.
- Business Money Market Money market account for business deposits with higher interest potential.
- Escrow Management Treasury management service for escrow account administration.
- Merchant Services Payment processing and POS solutions including Clover integration for business transaction handling.
- Government Banking Specialized banking services for government entities and public sector organizations.
- Basic Checking Entry-level personal checking account with essential banking features.
- E-Checking Electronic-focused personal checking account with online and mobile banking emphasis.
- Relationship Checking Personal checking account with enhanced benefits for customers with multiple bank relationships.
- 50 First Checking Personal checking account designed for customers aged 50 and older.
- GenGold Checking Premium personal checking account with enhanced rewards and benefits.
- Statement Savings Personal savings account with statement-based reporting.
- Personal Money Market Money market account for personal deposits with competitive rates.
- CDs and IRAs Certificate of deposit and individual retirement account products for personal savers and retirees.
- Business Express Lending Streamlined business lending product offering loans up to $350,000 with online application and quick response times.
- SBA Lending Small Business Administration loan programs to help businesses access government-backed financing.
- Asset-Based Lending Business lending secured by assets such as inventory, equipment, or receivables.
- Business Lines of Credit Revolving credit facilities for business working capital needs.
- Business Term Loans
Quantifiable outcome
- Business Express Loans up to $350,000 with response in minutes
- +2 more outcomes
Companies that use Malvern Bank
Customer profileSegments2 records
Ideal customer profiles2 records
Malvern Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability2 records
Feature3 records
Malvern Bank partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- FDICcoreFDIC insurance provides deposit protection backed by the full faith and credit of the U.S. Government.
- HUD Fair HousingminorFair housing equal opportunity partner displaying equal housing opportunity logo.
Scale indicators2 records
Malvern Bank competitors and assessment
Company assessmentDirect peers
- Customers Bancorp: Mid-Atlantic community bank serving commercial, small business, and consumer customers with multi-state branches and comparable full-suite deposit/lending products. Highly comparable in scale, geography (NJ/PA/NY overlap), and product breadth.
- Northfield Bancorp: New Jersey-based community bank with deposit-taking and multi-family/commercial lending focus. Comparable community-bank scale, geographic concentration in NJ, and similar deposit/lending product suite.
- Republic First Bancorp: Pennsylvania-headquartered community bank with similar deposit/lending focus on SMB and retail customers in the Philadelphia region. Comparable in size, business model, and product mix to Malvern Bank's PA-anchored profile.
- ConnectOne Bancorp: New Jersey-based commercial bank serving businesses, municipalities, and consumers with full-suite deposit products and commercial lending. Direct competitor in core NJ/PA markets with comparable community-banking positioning.
- Two River Bancorp: New Jersey community bank serving businesses and consumers with commercial lending, deposit products, and treasury services. Direct regional peer with similar community-bank operating profile.
- BCB Bancorp (BCB Community Bank): New Jersey community bank focused on commercial, SBA lending, and retail banking with similar product breadth and deposit-driven funding model. Overlaps directly in NJ markets and commercial lending specializations.
- Kearny Financial (Kearny Bank): New Jersey-headquartered mutual savings bank offering residential mortgages, commercial lending, and deposit products. Similar scale and Mid-Atlantic footprint with comparable consumer/commercial lending mix.
Broad incumbents
- Citizens Financial Group: Large regional bank with major presence across the Mid-Atlantic and New England offering commercial, retail, and wealth services. Operates as a scaled broader incumbent that competes with community banks like Malvern for SMB and retail customers.
- Provident Financial Services (Provident Bank): Larger New Jersey-based commercial bank with similar product offerings (deposits, mortgage, commercial lending) but broader geographic footprint and asset base. A scaled-up comparable to Malvern Bank's model.
Regional players
- Fidelity D & D Bancorp: Pennsylvania-based community bank serving Lackawanna and surrounding counties. Comparable community-bank model with deposit/lending focus; relevant for Pennsylvania regional comparison rather than direct NJ/PA/FL overlap.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Malvern Bank social profiles
Digital presenceMalvern Bank compliance and trust
Trust signalCompliance1 record
Malvern Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Malvern Bank leadership team
Management profileNumber of profiles
Malvern Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Malvern Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Malvern Bank
What does Malvern Bank do?
Malvern Bank is a regional community bank delivering deposit products (checking, savings, money market, CDs, IRAs), business and personal lending (SBA, mortgages, home equity, auto, asset-based, business express), treasury management, merchant services, and digital banking channels (online, mobile, telephone). Operations span branch-based relationship banking and digital platforms across New Jersey, Pennsylvania, and Florida markets.
Is Malvern Bank a public or private company?
Malvern Bank is a private company. It is classified as unknown and is currently operating.
When was Malvern Bank founded?
Malvern Bank was founded in 1906. It employs 101 to 250 people.
Where is Malvern Bank based?
Malvern Bank is headquartered in Berwyn, United States, in the North America region.
How does Malvern Bank make money?
Four revenue lines are on record. Interest Income from Lending is the primary driver. The others are deposit Account Fees, treasury Management Services and credit Card Income.
Who are Malvern Bank's main competitors?
Direct peers on record are Customers Bancorp, Northfield Bancorp, Republic First Bancorp, ConnectOne Bancorp, Two River Bancorp, BCB Bancorp (BCB Community Bank) and Kearny Financial (Kearny Bank). Broad incumbents are Citizens Financial Group and Provident Financial Services (Provident Bank). Fidelity D & D Bancorp is listed as a regional player.
Does Malvern Bank have an API?
No public API is recorded for Malvern Bank.
What industry is Malvern Bank in?
Malvern Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAE, Branch & In-Person Banking (Teller/ATM Networks). Its NAICS code is 52211 and its SIC code is 6022.