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    Magyar Bancorp, Inc. (MGYR)

    9.75 0.00(0.00%) Feb 2
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    Magyar Bancorp, Inc.
    400 Somerset Street
    New Brunswick, NJ 08901
    United States - Map
    Phone: 732-342-7600
    Website: http://www.magbank.com

    Index Membership:N/A
    Industry:Regional - Northeast Banks
    Full Time Employees:89

    Business Summary 

    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 16, 2015, it operated six branch locations in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison. 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

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    Key Executives 
    Mr. John S. Fitzgerald , 52
    Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Chief Exec. Officer of Magyar Bank and Pres of Magyar Bank
    Mr. Jon R. Ansari , 42
    Chief Financial Officer, Exec. VP, Chief Financial Officer of Magyar Bank and Exec. VP of Magyar Bank
    Mr. Brian Stanley , 63
    Chief Lending Officer, Sr. VP, Chief Lending Officer of Magyar Bank and Sr. VP of Magyar Bank
    Mr. Edward C. Stokes III, 68
    Director, Member of Exec. Committee, Member of Nominating & Corp. Governance Committee, Gen. Counsel of Magyar Bank and Director of Magyar Bank
    Mr. John Reissner ,
    VP, Marketing Director and Investor Relations Officer
    Amounts are as of Dec 31, 2015 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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