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Magyar Bancorp, Inc. (MGYR)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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11.50-0.06 (-0.48%)
At close: 4:00PM EDT

Magyar Bancorp, Inc.

400 Somerset Street
New Brunswick, NJ 08901
United States
732 342 7600

Sector(s)Financial Services
Full Time Employees98

Key Executives

NameTitlePayExercisedYear Born
Mr. John S. FitzgeraldPres, CEO & Director875.08kN/A1964
Mr. Jon R. Ansari M.B.A.Exec. VP, CFO & Director579.01kN/A1974
Mr. John ReissnerVP & Investor Relations OfficerN/AN/AN/A
Ms. Karen LeBlonCorp. Sec.N/AN/AN/A
Mr. Peter McIntyre BrownSr. VP & Chief Lending OfficerN/AN/A1965
Amounts are as of December 31, 2020 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.


Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various banking services in the United States. It accepts various deposit accounts, including demand, NOW, money market, savings, retirement, and certificates of deposit accounts. The company also offers residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, small business administration loans, construction loans, and consumer loans. In addition, it 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 buys, sells, and holds investment securities. The company has seven branch offices located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, New Jersey; and a loan product office located in Keyport, New Jersey. Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey.

Corporate Governance

Magyar Bancorp, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.