Magyar Bancorp Inc

MGYR

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
    USA

    T: +1 732 342-7600

    https://www.magbank.com

  • Sector

    Financial Services

    Stock type

    Cyclical

  • Industry

    Banks - Regional

    Fiscal Year End

    30 September 2025

    Employees

    101

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