Magyar Bank
Highly Engaged Employees
Highly Engaged EmployeesBanking · New Jersey, United States · 51-200 Employees
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Overview
Headquarters
400 Somerset St, New Brunswick, New Jers...Phone Number
(732) 342-7600Website
www.magbank.comRevenue
$38.3 MillionStock Symbol
MGYRIndustry
ZI Rank: 2
Signal Type
Mar
Apr
May
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Aug
ZI Rank
2
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2
About Magyar Bank
Magyar Bancorp, Inc. operates as the bank holding company for Magyar Bank that provides various banking products and services for families and businesses in Central New Jersey. Its product portfolio includes various deposit products, such as demand, NOW, money market, savings, and retirement accounts, as well as certificates of deposit; and loan products comprising one-to four-family residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, small business administration loans, and construction loans, as well as consumer loans, which primarily include secured demand loans. The company also provides non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and investment securities. As of November 02, 2016, it operated six branch locations in New Brunswick, North BrunRead more
Magyar Bank Org Chart
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Activity Insights
Magyar Bank is experiencing very low activity levels compared to other companies in the Finance sector.
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Magyar Bank is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about Magyar Bank.
Magyar Bank financials insights
Gather financial insights about Magyar Bank, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2006
Stock Offering
$27.2M
Magyar Bank Tech Stack
A closer look at the technologies used by Magyar Bank
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Most Recent Scoops
Person-Based
Event Management
Person-Based
Award, Banking
Project
Magyar Bank has funded $900,000 for an SBA 7A loan for Cardinal.
Spending/Investment, Funding
Project
Magyar Bank has funded $500,000 for an SBA 7A loan for Aire Salon Sudios LLC.
Spending/Investment, Funding
Hiring Plans
Hiring Plans
Magyar Bank News & Media
MAGYAR BANCORP, INC. ANNOUNCES FIRST QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND
NEW BRUNSWICK, N.J., Jan. 29, 2026 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three months ended December 31, 2025. The Company reported a 50% increase in net income for the three months...Magyar Bancorp Named to 2025 KBW Bank Honor Roll
NEW BRUNSWICK, N.J., May 12, 2025 /PRNewswire/ -- Magyar Bancorp, Inc. (Nasdaq: MGYR), the parent company of Magyar Bank, was recently recognized by KBW as a member of their 2025 Bank Honor Roll, comprising 16 elite, high-performing Banks with the strongest and/or most consistent earnings...MAGYAR BANCORP, INC. DECLARES SPECIAL CASH DIVIDEND
NEW BRUNSWICK, N.J., Nov. 22, 2024 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) announced that its Board of Directors has declared a special cash dividend of $0.04, payable December 20, 2024 to shareholders of record on December 6, 2024. About Magyar Bancorp Magyar Bancorp is the...MAGYAR BANCORP, INC. ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR END FINANCIAL RESULTS, DECLARES QUARTERLY DIVIDEND
NEW BRUNSWICK, N.J., Oct. 31, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) (the "Company"), parent company of Magyar Bank, reported today the results of its operations for the three months and fiscal year ended September 30, 2024. The Company reported $2.5 million in net income for...
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Frequently Asked Questions Regarding Magyar Bank
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Magyar Bancorp, Inc. operates as the bank holding company for Magyar Bank that provides various banking products and services for families and businesses in Central New Jersey. Its product portfolio includes various deposit products, such as demand, NOW, money market, savings, and retirement accounts, as well as certificates of deposit; and loan pr... Read More
