The Asian Banker Friday, 27 September 2024

Malvern Federal Savings Bank appoints Stacy Valent Senior Vice President, Chief Credit Officer

5 min read

Malvern Federal Savings Bank,  the wholly owned subsidiary of Malvern Bancorp, Inc., announced the appointment of Stacy L. Valent as the Bank’s Senior Vice President, Chief Credit Officer. In this role, she is responsible for the day-to-day oversight and administration of the Bank’s loan portfolio, including managing the loan review, compliance, collections and credit analysis functions.

“Growing our lending business, particularly in the commercial environment, continues to be a priority for the new Malvern,” said Anthony C. Weagley, president and CEO of Malvern Bancorp, Inc., and Malvern Federal Savings Bank. “Stacy is an important addition to our management team, as she has more than 20 years’ credit and lending experience with banks in southeastern Pennsylvania.”

Prior to joining Malvern, Valent was Executive Vice President and Chief Credit Officer of Eagle National Bank based in Delaware County, Pa. She also previously served as Executive Vice President and Chief Credit Officer at Royal Bank America in Bala Cynwyd, Pa., and Vice President, Senior Credit Officer at QNB Bank in Quakertown, Pa.

Valent earned a bachelor’s degree in business administration from Bucknell University and an MBA with a concentration in finance and economics from Lehigh University. She is a member of the Risk Management Association and the Pennsylvania Banker’s Association.

Re-disseminated by The Asian Banker

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