A Rewarding Banking Experience Malvern Federal Savings Bank is a community bank dedicated to fulfilling the financial needs of people and businesses throughout Chester County, Pennsylvania and surrounding areas. Malvern Federal Savings Bank offers a complete range of financial products through its seven, convenient financial centers. Founded in 1887, Malvern Federal Savings Bank provides its customers a hometown advantage that combines dedicated personal service with the latest in electronic and online expertise. Our people are actively involved in improving the quality of life in our communities after hours, too?not for recognition, but for the satisfaction of giving something back to the people who trust us every day.