Malvern Bank Draws National Attention to its Unique Equestrian Business

PAOLI, PA (December 5, 2019) – Malvern Bank, National Association, a wholly owned subsidiary of Malvern Bancorp, Inc. (NASDAQ: MLVF) that has been a part of the Western Main Line community for 132 years, sponsored the Performance Halter Mares Level 3 class at the 2019 Lucas Oil American Quarter Horse Association (AQHA) World Championship Show on November 12, 2019, in Oklahoma City, Oklahoma. “She’s Showin Off,” a horse owned by Malvern Bank client Delbert Hostetler of Blue Mountain Quarter Horse in Slatington, Pa., received top honors as High-Point Open and Amateur Performance Mare. The award is determined based upon points won throughout the entire AQHA competitive year. 

The World Show brings more than 4,400 competitors from the United States, Brazil, Canada, Mexico, Switzerland and the United Kingdom to compete for 99 world championship titles. Horses must qualify to participate by earning points throughout the year in classes such as Halter, English, and Western disciplines.

President and CEO, Anthony C. Weagley, said “We are proud to sponsor this year’s Performance Halter Mares class at the World Show, where the top quarter horses in the world compete. This sponsorship is in line with our commitment to serve the equestrian industry by combining our knowledge of horses and financial services. On behalf of the Bank, I want to congratulate all qualifiers and competitors on a strong 2019 season.”

Since launching the Equestrian Affinity Business, Malvern Bank has provided financial services to individuals and businesses within the equestrian industry. The business is tailored to the needs of the equine industry – whether it is for a pleasure horse, a horse competing in the World Show, or other equestrian needs. Malvern Bank is uniquely qualified to assist equestrian businesses in buying their first or next farm, financing the next great prospect or a new truck or trailer, and any associated insurance needs. Malvern Bank provides equestrian and other clients with a Private Client banker who can handle all the client’s financial needs.

Malvern Bank established an equestrian business focus in 2017, offering horse owners, horse farms and other equestrian-related clientele private banking and wealth management services. The Bank regularly sponsors other equestrian events including sponsoring The Devon Horse Show and Country Fair, the longest running and largest outdoor multi-breed competition in the United States, and its continued sponsorship of the Far Hills Race Meeting in New Jersey, one of the state’s premier social and sporting events and one of America’s most popular steeplechase events. 

For more information about the AQHA World Show, please visit www.AQHA.com/worldshow. For more information on Malvern Bank, National Association, please visit www.MyMalvernBank.com

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