8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)                        April 22, 2014

Malvern Bancorp, Inc.

(Exact name of registrant as specified in its charter)

Pennsylvania	000-54835	45-5307782
(State or other jurisdiction	(Commission File Number)	(IRS Employer
of incorporation)		Identification No.)

42 E. Lancaster Avenue, Paoli, Pennsylvania	19301
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code                   (610) 644-9400

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

[  ]      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item      5.02    Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers

(a)Not applicable

(b)Not applicable.

(c)On September 23, 2014, Anthony C. Weagley, age 53, was appointed President and Chief Executive Officer of Malvern Bancorp, Inc. the (“Company”) and its wholly owned subsidiary, Malvern Federal Savings Bank (the “Bank”).  Previously, Mr. Weagley served as President and Chief Executive Officer and Director of Center Bancorp, Inc. and its wholly owned subsidiary, Union Center National Bank, Union, New Jersey.

There are no arrangements or understandings between a director or executive officer of the Company and Mr. Weagley pursuant to which he was named an executive officer and director of the Company.  No directors or executive officers of the Company or the Bank are related to Mr. Weagley by blood, marriage or adoption. Mr. Weagley has not engaged in any transactions with the Company or any of its subsidiaries that would be required to be reported under Item 404(a) of Regulation S-K promulgated by the Securities and Exchange Commission. Mr. Weagley will receive a base annual salary of $300,000. Mr. Weagley will also participate in all of the Company’s employee benefit plans.

A copy of the related press release issued by the Company on September 23, 2014 announcing Mr. Weagley’s hiring is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

  (d)On September 23, 2014, Mr. Weagley also was appointed to the Boards of Directors of the Company and the Bank to a term of office expiring at the 2015 Annual Meeting of Shareholders.

On April 22, 2014, Robert C.F. Willson was appointed to the Board of Directors of the Company to a term of office expiring at the 2016 Annual Meeting of Shareholders. Mr. Willson’s appointment to the Board of Directors of the Bank is pending, subject to non-objection by the Office of the Comptroller of the Currency.

There was no arrangement or understanding between Mr. Willson and any other person pursuant to which he was selected as a director. There are no family relationships between Mr. Willson and any of the Company’s directors and executive offices and Mr. Willson has not engaged in any transactions with the Company or any of its subsidiaries that would be required to be reported under Item 404(a) of Regulation S-K.

  (e)Not applicable

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Item 9.01	Financial Statements and Exhibits
(a)	Not applicable.
(b)	Not applicable.
(c)	Not applicable.
(d)	Exhibits

The following exhibit is included herewith.
Exhibit Number	Description
99.1	Press release dated September 23, 2014

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	MALVERN BANCORP, INC.
Date:  September 24, 2014	By:	/s/Anthony C. Weagley
		Anthony C. Weagley
		President and Chief Executive   Officer

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INDEX TO EXHIBITS

Exhibit Number	Description
99.1	Press release dated September 23, 2014

EX-99.1

EXHIBIT 99.1

For further information contact:

Anthony C. Weagley, President

and Chief Executive Officer

(610) 644-9400

tweagley@malvernfederal.com

Release Date:   September 23, 2014

For Immediate Release

MALVERN BANCORP, INC. ANNOUNCES APPOINTMENT OF NEW PRESIDENT

AND CHIEF EXECUTIVE OFFICER

     Paoli, Pennsylvania – Malvern Bancorp, Inc. (the “Company”) (NASDAQ: MLVF), the holding company for Malvern Federal Savings Bank (the “Bank”), announced today that the Company and its wholly owned subsidiary have agreed to hire Anthony C. Weagley as the President and Chief Executive Officer of the Company and the Bank, Mr. Weagley has received all necessary regulatory approvals and has commenced service in his new positions.

     Mr. Weagley is recognized as a leader in the financial services industry with over 35 years of industry experience.  Most recently he had served as President and Chief Executive Officer of Center Bancorp, Inc. and its wholly owned subsidiary Union Center National Bank, a $1.7 billion bank which was headquartered in Union, New Jersey, since 2007. Prior to 2007, Mr. Weagley served as Chief Financial Officer and in various other positions over a career of more than 30 years with Center Bancorp and Union Center National Bank.

     F. Claire Hughes, Jr., Chairman of the Board of Malvern Bancorp and Malvern Federal Savings Bank said “We are very pleased and excited to have Tony Weagley join our organization. This has been a challenging period, but we believe our efforts have resulted in our selection in the best possible candidate to lead the Company and the Bank and expect that Tony will be a catalyst in advancing the company forward and laying the foundation for growth and profitability for the shareholders.” George Steinmetz, Vice Chairman of the Company and the Bank added “Tony Weagley is an accomplished leader and career banker with a proven track record of successfully guiding business growth and process improvement, and we are confident that he is the right person to lead the Company in achieving our goals for the Company and the Bank.”

     In commenting on his appointment, Mr. Weagley indicated “I am excited about this new challenge and look forward to joining Malvern Federal in the roles of President and Chief Executive Officer of the Company and the Bank. I believe that there are significant untapped resources in our market area, and I am confident that, working with our Board of Directors and dedicated employees, we can turn our operations around, achieve our true potential as a premier community bank serving the needs of our loyal customers and build value for our shareholders.”

About Malvern Federal

     Malvern Bancorp, Inc. is the holding company for Malvern Federal Savings Bank.  Malvern Federal Savings Bank is a federally-chartered, FDIC-insured savings bank that was originally organized in 1887 and now serves as one of the oldest banks headquartered on the mainline.  For more than a century, Malvern Federal has been committed to helping people build prosperous communities as a trusted financial partner, forging lasting relationships through teamwork, respect and integrity. The Bank conducts business from its headquarters in Paoli, Pennsylvania, a suburb of Philadelphia, as well as seven other financial centers located throughout Chester and Delaware Counties, Pennsylvania. Its primary market niche is providing personalized service to its client base. The Bank focuses its lending activities on retail clients, commercial lending to small and medium-sized businesses, real estate developers and high net worth individuals.

For further information regarding Malvern Bancorp, Inc., please visit our web site at http://www.malvernfederal.com

Forward-Looking Statements

     This press release contains certain forward looking statements.  Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts.  They often include words like “believe,” “expect,” “anticipate,” “estimate” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.”  Certain factors that could cause actual results to differ materially from expected results include changes in the interest rate environment, changes in general economic conditions, legislative and regulatory changes that adversely affect the business of Malvern Bancorp Inc., and changes in the securities markets.   Except as required by law, the Company does not undertake any obligation to update any forward-looking statements to reflect changes in beliefs, expectations or events.