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Malvern Bank History

A Rich History

The Malvern Bank started in 1892, when James M. Strahan and C.B. Christy created their own private bank, called Strahan & Christy. In 1906, Fred Durbin took over as the president, and the bank was renamed to the Malvern Trust and Savings Bank. The bank remained within the Durbin family until 1946, when Fred retired and the bank was sold to Eugene W. Burdic. The Burdic family has maintained ownership of the bank ever since, with Allan Burdic serving as president from 1978-2004 and Jay Burdic since 2004.

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