www.magbank.com
New Jersey
Middlesex
New Brunswick
(SB) Savings banks, state charter
active
30704
1922
FDIC Certificate Number: 30704
FDIC's unique number: 43538
The FDIC Field Office where an institution is physically located: Jamesburg
Federal Reserve ID Number: 548771
Report Date: 2011-06-30
Bank Charter Class: SB
Number of Domestic Offices: 5
Number of Foreign Offices: 0
The date of the last data update: 2010-02-18
1922-01-01 Institution established. Original name: Magyar Savings And Loan Association Of New Brunswick New Jersey.
1989-01-31 Changed name to Magyar Savings Bank, Sla .
1993-12-16 Changed name to Magyar Savings Bank .
1993-12-16 Changed organization type to Mutual Savings Bank.
2005-02-12 Changed name to Magyar Bank .
2006-01-23 Changed organization type to Stock Savings Bank.
Total assets: $526,462,000
Total deposits: $421,321,000
Deposits held in domestic offices: $421,321,000
Equity capital: $43,808,000
Net income: $-66,000
Return on Assets: -0.02
Return on Equity: -0.3
Last updated on: 2011-10-20
Bank Holding Company: Magyar Bancorp, Mhc
Magyar Bank - 3050 Highway 27 Branch
Magyar Bank - Branchburg Branch
Magyar Bank - Bridgewater Branch
Magyar Bank - Magyar Bank
Magyar Bank - North Brunswick Branch
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Profile ID: LFUS-BAB-P-24527