Magyar Bancorp, Inc.

Magyar Bancorp, Inc. operates as the holding company for Magyar Bank, offering a range of consumer and commercial banking services in New Jersey. The company generates revenue through various deposit accounts, residential and commercial mortgage loans, home equity loans, commercial business loans, and investment securities. Additionally, it provides non-deposit investment products, financial planning services, insurance products, annuities, and retirement planning for individual and commercial customers. With seven branch offices in strategic locations, Magyar Bancorp, Inc. has established a strong presence in the New Jersey banking sector.

Products

• Consumer and commercial banking services

• Deposit accounts

• Mortgage loans

• Investment securities

• Financial planning services