May 28, 2017 9:00 AM ET


Company Overview of Magyar Bank (New Brunswick, NJ)

Company Overview

Magyar Bank offers personal and commercial banking services. The bank was founded in 1922 and is based in New Brunswick, New Jersey. Magyar Bank (New Brunswick, NJ) operates as a subsidiary of Magyar Bancorp, Inc.

400 Somerset Street

New Brunswick, NJ 08903

United States

Founded in 1922



Key Executives for Magyar Bank (New Brunswick, NJ)

Chief Executive Officer, President and Director
Age: 52
Chief Financial Officer, Executive Vice President and Director
Age: 42
Chief Retail Officer & Community Relations Officer and Senior Vice President
Vice President and Marketing Director
Vice President and Retail Manager
Compensation as of Fiscal Year 2016.

Magyar Bank (New Brunswick, NJ) Key Developments

Magyar Bancorp, Inc. and Magyar Bank Appoint Jon R. Ansari to the Boards of Directors

February 23, 2017, the Board of Directors of Magyar Bancorp, Inc. appointed Jon R. Ansari to the Boards of Directors of the company and its wholly owned subsidiary, Magyar Bank, effective immediately. Mr. Ansari's term as director expires at the next annual meeting of stockholders of the Company. Mr. Ansari currently serves as Executive Vice President and Chief Financial Officer of the Company and the Bank. Mr. Ansari joined Magyar Bank in 1999, and currently serves as Executive Vice President and Chief Financial Officer.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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