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 provides one-to four-family 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 was founded in 1922 and is headquartered in New Brunswick, New Jersey.
| Country | United States |
| Founded | 1922 |
| IPO Date | Jan 24, 2006 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 101 |
| CEO | John Fitzgerald |
Contact Details
Address: 400 Somerset Street New Brunswick, New Jersey 08901 United States | |
| Phone | 732 342 7600 |
| Website | magbank.com |
Stock Details
| Ticker Symbol | MGYR |
| Exchange | NASDAQ |
| Stock Type | Common Stock |
| 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 and Director |
| Jon R. Ansari M.B.A. | Executive Vice President, Chief Financial Officer and Director |
| Peter McIntyre Brown | Senior Vice President and Chief Lending Officer |
| John Reissner | Corporate Secretary, First Vice President and Investor Relations Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Aug 13, 2025 | 10-Q | Quarterly Report |
| Jul 24, 2025 | 8-K | Current Report |
| Jun 24, 2025 | 11-K | Annual report of employee stock purchase, savings and similar plans |
| May 22, 2025 | 8-K | Current Report |
| May 13, 2025 | 10-Q | Quarterly Report |
| Apr 30, 2025 | 8-K | Current Report |
| Mar 20, 2025 | 8-K/A | [Amend] Current report |
| Feb 24, 2025 | 8-K | Current Report |
| Feb 20, 2025 | 8-K | Current Report |
| Feb 13, 2025 | 10-Q | Quarterly Report |