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Magyar Bancorp, Inc. (MGYR)

8.50 Down 0.14(1.62%) Nov 21, 3:25PM EST
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Magyar Bancorp, Inc.
400 Somerset Street
New Brunswick, NJ 08901
United States - Map
Phone: 732-342-7600

Index Membership:N/A
Industry:Regional - Northeast Banks
Full Time Employees:N/A

Business Summary 

Magyar Bancorp, Inc. operates as the bank holding company for Magyar Bank that provides various banking products and services in 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, including one-to four-family residential mortgage, commercial real estate, construction, commercial business, small business administration, and consumer loans, as well as home equity loans and lines of credit. 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. It operates six branch offices, which are located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, New Jersey. The company was founded in 1922 and is headquartered in New Brunswick, New Jersey. Magyar Bancorp, Inc. is a subsidiary of Magyar Bancorp, MHC.

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Key Executives 
Mr. John S. Fitzgerald , 50
Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Chief Exec. Officer of Magyar Bank and Pres of Magyar Bank
Mr. Jon R. Ansari , 40
Chief Financial Officer, Principal Accounting Officer, Exec. VP, Chief Financial Officer of Magyar Bank and Exec. VP of Magyar Bank
Mr. Brian Stanley , 61
Chief Lending Officer, Sr. VP, Chief Lending Officer of Magyar Bank and Sr. VP of Magyar Bank
Mr. Edward C. Stokes III, 66
Director, Member of Exec. Committee, Member of Nominating & Corp. Governance Committee, Gen. Counsel of Magyar Bank and Director of Magyar Bank
Dr. Martin A. Lukacs D.M.D, 68
Director, Member of Audit Committee, Member of Nominating & Corp. Governance Committee and Director of Magyar Bank
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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