CFO Resigns at Pennsylvania's Malvern Bancorp

Dennis Boyle has resigned as treasurer and chief financial officer of Malvern Bancorp in Paoli, Pa.

Boyle left Malvern on Thursday to "pursue other opportunities," the company said in a press release. Anthony Weagley, Malvern's president and chief executive, has become interim CFO at the $542 million-asset company.

Malvern has seen its share of drama last year: It lost a CEO, activist investor Joseph Stilwell sparred with the bank's leadership over whether to sell itself, and the company scrapped its way back toward the black after recording losses in 2013. 

Malvern also reached a compliance agreement with the Office of the Comptroller of the Currency in October, replacing a supervisory agreement that the bank had been in with the Federal Reserve regulatory office.

Stilwell, along with fellow activist PL Capital, have recently voiced support for Weagley, while easing up pressure on the company to sell itself.