Malvern Federal Savings Bank, whose parent company is Malvern Bancorp, Inc., (Nasdaq: MLVF), will hold two job fairs in response to disruptions in the local banking market including staff reductions at other banks due to recent acquisition activity.
The bank is seeking individuals with experience as credit analysts, commercial lenders, business development officers and tellers.
The job fairs will be held on Tuesday, Sept. 29 from 5 p.m. to 7 p.m. at the Desmond Hotel, 1 Liberty Blvd. in Malvern, Pa., and Thursday, October 8 from 5 p.m. to 7 p.m. at The Radnor Hotel, 591 Lancaster Ave. in Wayne, Pa.
Job applicants are advised to bring updated resumes. No reservations are required for the event.
“Malvern Federal is definitely in growth mode, and we’re building a high-energy team to help fuel that growth in eastern Pennsylvania and in New Jersey,” said Anthony C. Weagley, president and CEO of Malvern Bancorp, Inc., and Malvern Federal Savings Bank. “Recent acquisitions of other banks in the region have dislodged a number of talented bank employees, and Malvern Federal is in an excellent position to bring some of this talent on board.”
Rose Hinkle, chief of staff and director of human resources, said “We will be filling a variety of banking positions including credit analysts, commercial lenders, business development officers and tellers. Malvern Federal employees from several departments will be in attendance, and HR personnel will be available to provide information on our competitive employee benefits.”
Weagley pointed to Malvern Bancorp’s recent financial performance and its entry into the New Jersey commercial lending market as signs of the company’s growth. In this year’s first three fiscal quarters, the company’s net income has increased 401 percent, 336 percent and 208 percent, respectively. And Weagley announced the opening of Malvern Federal’s New Jersey Commercial Lending Division in Pine Brook, N.J., in August.