Skip to search.

Breaking News Visit Yahoo! News for the latest.

×Close this window

 Dow Up0.80% Nasdaq Up0.97%

Magyar Bancorp, Inc. (MGYR)

-NasdaqGM

5.14 0.00(0.00%) May 13, 9:47AM EDT

Add to Portfolio
ProfileGet Profile for:
Magyar Bancorp, Inc.
400 Somerset Street
New Brunswick, NJ 08901
United States - Map
Phone: 732-342-7600
Website: http://www.magbank.com

Details 
Index Membership:N/A
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:79

Business Summary 

Magyar Bancorp, Inc. operates as the bank holding company for Magyar Bank that provides various banking products and services in New Jersey. The company’s deposit products include demand, NOW, money market, savings, and retirement accounts, as well as certificates of deposit. Its loan portfolio comprises 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.

Key Statistics


Company Websites 
Home Page
Search Yahoo! for:
More on Magyar Bancorp, Inc.

Key Executives 
 PayExercised
Dr. Joseph J. Lukacs Jr., D.M.D., 72
Chairman, Member of Exec. Committee, Ex-Officio Member of Audit Committee, Ex-Officio Member of Nominating & Corp. Governance Committee, Ex-Officio Member of Compensation Committee and Chairman of Magyar Bank
90.00KN/A
Mr. John S. Fitzgerald , 49
Chief Exec. Officer, Pres, Director and Member of Exec. Committee
328.00K0.00
Mr. Jon R. Ansari , 39
Chief Financial Officer, Principal Accounting Officer, Exec. VP and Chief Financial Officer of Magyar Bank
282.00K0.00
Mr. Brian Stanley , 60
Chief Lending Officer and Sr. VP
180.00K0.00
Mr. Edward C. Stokes III, 65
Director, Member of Exec. Committee, Member of Nominating & Corp. Governance Committee, Gen. Counsel of Magyar Bank and Director of Magyar Bank
35.00KN/A
Amounts are as of Dec 30, 2012 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.
View Insiders