Magyar Bancorp Inc
Company Profile
Business description
Magyar Bancorp Inc is a mid-tier stock holding company. The Company offers a full array of commercial and retail financial services, including the taking of time, savings and demand deposits; the making of commercial, consumer and home equity loans; and the provision of other financial services. The business consists of getting retail deposits from the general public in the areas surrounding the main office in New Brunswick, New Jersey and branch offices located in Middlesex and Somerset Counties, New Jersey, and investing those deposits, together with funds generated from operations and wholesale funding, in residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, Small Business Administration loans.
Contact
400 Somerset Street
New BrunswickNJ08901
USAT: +1 732 342-7600
Sector
Financial Services
Stock type
Cyclical
Industry
Banks - Regional
Fiscal Year End
30 September 2025
Employees
101
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