Magyar Bank is a State chartered stock savings banks, supervised by the FDIC based in New Brunswick, New Jersey, established in 01/01/1922. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 7 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Magyar Bank reported total assets of $916,392 and manages deposits totaling $773,522 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $1,916 thousands last year. For more details, visit their website at www.magbank.com.
Bank Information:
- Bank Name: Magyar Bank
- Address: 400 Somerset St, New Brunswick, Middlesex, NJ, 8901
- Website: www.magbank.com
Classification and Operations:
- State: New Jersey
- Institution Class: State chartered stock savings banks, supervised by the FDIC
- Bank Class: State chartered stock savings bank
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 7
- Number of Foreign Offices: 0
- Total Assets: $916,392
- Total Deposits: $773,522
- Domestic Office Deposits: $773,522
Financial Data:
- Net Income (Attributable to Bank): $1,916
Establishment and Record:
- Established Date: 01/01/1922
- Last Recorded Data on: 04/12/2024