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Magyar Bancorp, Inc.

MGYRBankingNew Brunswick, United States

Magyar Bancorp, Inc. functions as the parent entity for Magyar Bank, a financial institution that delivers a wide array of personal and business banking services. Serving individuals, companies, and non-profit organizations throughout New Jersey, USA, the bank provides diverse deposit accounts, including checking, savings, NOW, money market, and retirement plans, in addition to certificates of deposit. Its comprehensive lending solutions encompass residential mortgages, loans for multi-family and commercial properties, home equity lines and loans, commercial business financing, and construction loans, as well as Small Business Administration (SBA) loans. Beyond conventional banking, Magyar Bancorp also extends its services to include non-deposit investment products and financial planning. These offerings cover insurance, fixed and variable annuities, and retirement planning for both individual and corporate clients. The company actively manages investment securities through buying, selling, and holding activities. Established in 1922, Magyar Bancorp, Inc. is based in New Brunswick, New Jersey, and oversees seven branch locations across New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, all within New Jersey.

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Magyar Bancorp, Inc. at a glance

Magyar Bancorp, Inc. is a banking company headquartered in New Brunswick, United States. It is publicly listed (MGYR) with a market capitalisation of $123.2M. Xcout tracks 14 named people at Magyar Bancorp, Inc., including John S. Fitzgerald (President, Chief Executive Officer & Director).

Industry
Banking
Headquarters
New Brunswick, United States
Market cap
$123.2M
Employees
91
Ticker
MGYR

Magyar Bancorp, Inc. leadership

  • John S. FitzgeraldPresident, Chief Executive Officer & Director
  • Jon R. AnsariExecutive Vice President, Chief Financial Officer & Director
  • Peter McIntyre BrownSenior Vice President & Chief Lending Officer
  • John ReissnerCorporate Secretary, First Vice President & Investor Relations Officer
  • Andrew G HodulikDirector
  • Edward C III StokesDirector

8 more named people on record for Magyar Bancorp, Inc., with roles, board committees and tenure — see the full roster →

Magyar Bancorp, Inc. competitors

A few of Magyar Bancorp, Inc.'s closest competitors — see the full list of competitors and alternatives →

Mid Penn BancorpMPB · Banks - RegionalHarrisburg, United States
67% matchPublic

Mid Penn Bancorp, Inc. functions as the parent entity for Mid Penn Bank, offering a comprehensive suite of commercial banking services to a diverse client base, including individuals, business partnerships, non-profit organizations, and corporate entities. The institution provides an array of deposit options, such as checking, savings, specialized club accounts, money market accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). Its lending portfolio is extensive, encompassing residential mortgages and home equity lines, both secured and unsecured commercial and consumer loans, revolving lines of credit, construction project financing, agricultural loans, community development funding, and tailored loans for non-profit organizations and municipal governments. Additionally, the company offers modern banking conveniences like online and telephone banking, robust cash management solutions, and automated teller machine (ATM) services. Clients also have access to safe deposit boxes and benefit from professional trust and wealth management advisory. As of December 31, 2021, Mid Penn Bancorp maintained a network of sixty full-service retail banking branches across nineteen Pennsylvania counties: Berks, Blair, Bucks, Centre, Chester, Clearfield, Cumberland, Dauphin, Fayette, Huntingdon, Lancaster, Lehigh, Luzerne, Lycoming, Montgomery, Northumberland, Perry, Schuylkill, and Westmoreland. Established in 1868, the company's corporate headquarters are situated in Harrisburg, Pennsylvania.

Market cap$905.2M
Employees723
Mid Penn Bancorp competitors & alternatives →
Pioneer Bancorp, Inc.PBFS · BankingAlbany, United States
66% matchPublic

Pioneer Bancorp, Inc., founded in 1889 and based in Albany, New York, serves as the holding company for Pioneer Savings Bank. It offers a wide spectrum of financial products and services throughout New York. The company's banking services include various deposit options such as checking, savings, and money market accounts, as well as certificates of deposit. Its lending portfolio spans commercial real estate, commercial and industrial financing, commercial construction, residential mortgages for one-to-four family homes, home equity loans, home equity lines of credit, and consumer loans. Beyond traditional banking, Pioneer Bancorp allocates capital to U.S. governmental securities, fixed-rate collateralized mortgage obligations, mortgage-backed securities, investment-grade bonds with fixed rates, and equity securities. The organization also extends its offerings to include insurance products, providing coverage for homeowners, automobiles, and comprehensive business needs. Additionally, it delivers employee benefit solutions, encompassing group health, dental, disability, and life insurance, alongside administrative services for defined contribution and benefit plans, and human resource management. Wealth management services are also available, comprising investment guidance, retirement income and estate planning, business succession strategies, and employer retirement program development. With a network of 22 retail banking branches, the company serves clients across Albany, Greene, Rensselaer, Saratoga, Schenectady, and Warren Counties in New York. Pioneer Bancorp, Inc. operates as a subsidiary of Pioneer Bancorp, MHC.

Market cap$428M
Employees268
Pioneer Bancorp, Inc. competitors & alternatives →
Meridian CorporationMRBK · Banks - RegionalMalvern, United States
65% matchPublic

Meridian Corporation functions as the parent company for Meridian Bank, which provides a comprehensive range of commercial banking products and services throughout Pennsylvania, New Jersey, Delaware, and Maryland. The bank's deposit offerings include various account types such as non-interest-bearing and interest-bearing demand accounts, savings accounts, money market accounts, and certificates of deposit. It extends commercial and industrial financing solutions, encompassing business lines of credit, term loans, small business lending, lease financing, and participation in shared national credit facilities. Additionally, Meridian Bank funds commercial real estate endeavors, as well as land development and construction projects for both residential and commercial properties. Other services include consumer and home equity lending, private banking, merchant services, and title and land settlement assistance. The company is also engaged in originating and servicing mortgage loans for 1-4 family residences. Its expanded service portfolio features real estate holding, investment advisory, and equipment leasing options. With its corporate headquarters located in Malvern, Pennsylvania, the institution operates through a network comprising six full-service branches and nineteen other satellite offices. Meridian Corporation was founded in 2004.

Market cap$222M
Employees327
Meridian Corporation competitors & alternatives →

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More on Magyar Bancorp, Inc. in Xcout Intel

  • 14 named people with titles, LinkedIn and board committees
  • The full competitor set, tracking, exports and API access
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