Magyar Bancorp Inc

Company Profile

• Business description

  Magyar Bancorp Inc is an independent, community financial services provider offering traditional banking services to individual, business, and government customers. The Company attracts retail deposits through its main office in New Brunswick, New Jersey, and branch offices in Middlesex and Somerset Counties, and invests those funds mainly in commercial and residential real estate loans, commercial business loans, SBA loans, home equity loans and lines of credit, construction and land loans, and investment securities. Revenues are derived mainly from interest on loans and securities and from fees and service charges, with lending relationships focused on small to mid-sized businesses and individual consumers in central and northern New Jersey.

• 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 2026

  Employees

  98