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 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.
| Country | United States |
| Founded | 1922 |
| IPO Date | Jan 24, 2006 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 89 |
| CEO | John S. Fitzgerald |
Contact Details
Address: 400 Somerset Street New Brunswick, New Jersey 08901 United States | |
| Phone | 732-249-2438 |
| Website | 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 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 |
|---|---|---|
| Apr 23, 2024 | 8-K | Current Report |
| Feb 23, 2024 | 8-K | Current Report |
| Feb 22, 2024 | 8-K | Current Report |
| Feb 14, 2024 | 10-Q | Quarterly Report |
| Feb 14, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 14, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 14, 2024 | UPLOAD | Filing |
| Feb 2, 2024 | UPLOAD | Filing |
| Jan 30, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Jan 25, 2024 | 8-K | Current Report |