Magyar Bancorp Inc.

13.88
-0.10 (-0.72%)
At close: Mar 31, 2025, 3:50 PM
13.98
0.75%
After-hours: Mar 31, 2025, 04:26 PM EDT

Company Description

Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States.

It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit.

The company also provides residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and construction loans, as well as small business administration loans.

In addition, it offers non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and buys, sells, and holds investment securities.

The company has seven branch offices located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, New Jersey.

Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey.

Magyar Bancorp Inc.
Magyar Bancorp Inc. logo
Country United States
IPO Date Jan 24, 2006
Industry Banks - Regional
Sector Financial Services
Employees 91
CEO John S. Fitzgerald

Contact Details

Address:
400 Somerset Street
New Brunswick, New Jersey
United States
Website https://www.magbank.com

Stock Details

Ticker Symbol MGYR
Exchange NASDAQ
Fiscal Year October - September
Reporting Currency USD
CIK Code 0001337068
CUSIP Number 55977T208
ISIN Number US55977T2087
Employer ID 20-4154978
SIC Code 6035

Key Executives

Name Position
John S. Fitzgerald President, Chief Executive Officer & Director
Jon R. Ansari M.B.A. Executive Vice President, Chief Financial Officer & Director
John Reissner Corporate Secretary, First Vice President & Investor Relations Officer
Peter McIntyre Brown Senior Vice President & Chief Lending Officer

Latest SEC Filings

Date Type Title
Mar 20, 2025 8-K/A [Amend] Current Report
Mar 12, 2025 4 Filing
Feb 26, 2025 4 Filing
Feb 24, 2025 4 Filing
Feb 24, 2025 8-K Current Report
Feb 20, 2025 8-K Current Report
Feb 18, 2025 4 Filing
Feb 13, 2025 10-Q Quarterly Report
Feb 13, 2025 SCHEDULE 13G/A [Amend] Filing
Feb 10, 2025 SCHEDULE 13G Filing