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
  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