Magyar Bancorp, Inc.New Brunswick, NJ United States
Company Description
Magyar doesn't mean "bank" in Hungarian, it means "Hungarian" in Hungarian. Magyar Bancorp is the holding company for Magyar Bank, which serves central New Jersey individuals and businesses through about a half-dozen offices. The bank offers standard deposit products including checking and savings accounts, NOW accounts, and CDs. It uses these funds to originate loans and invest in securities. Magyar Bank focuses on real estate lending, including construction loans, residential and commercial mortgages, and home equity loans, which altogether account for about 90% of its loan portfolio. Mutual holding company Magyar Bancorp, MHC, owns 56% of Magyar Bancorp.
| 400 Somerset St. | Phone: 732-342-7600 | http://www.magbank.com |
| New Brunswick, NJ 08901 | 
Map This Company | |
| United States |
Try a Full Premium Subscription
Access over 85 million companies
Call (866) 443-3939 or
Prepare for your Sales call
Try a Small Business Subscription
Starting $89 per month
Magyar Bancorp, Inc. Rankings
Executives
| 7 executives listed for Magyar Bancorp, Inc.'s New Brunswick, NJ location. | ||
| Chairman, Magyar Bancorp and Magyar Bank | Joseph Lukacs | |
|---|---|---|
| Vice Chairman | Thomas Lankey | |
| Acting President, Acting CEO, and Director | JohnFitzgerald | |
Financials
| Company Type | Public - NASDAQ: MGYR Headquarters |
|---|---|
| Fiscal Year-End | September |
| 2011 Employees | 96 |
DNBiLeverage D&B's credit assessment tools to positively impact
your business. Get the scoop on Magyar Bancorp, Inc. now.
- Reduce risk.
- Drive greater profitability.
- Increase cash flow.
