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Malvern Federal Savings Bank to change charter, name

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Malvern Federal Savings Bank to change charter, name

Paoli, Pa.-based Malvern Federal Savings Bank filed an application with the Pennsylvania Department of Banking and Securities to convert to a state-chartered stock savings bank from a federal stock savings bank.

In connection with this, the Malvern Bancorp Inc. unit also seeks to change its name to Malvern Bank.