Magyar Bank was established on 01-01-1922 and is headquartered at New Brunswick, NJ. It has over 6 branches in USA and employs around 96 employees. It is valued over 540732 million dollars (USD) and has more than 32945 customers.
Magyar Bank offers online banking services to all its customers who wish to bank online securely. Online banking helps customers transact and query online, without having to visit the branch. One can also pay various bills online using internet banking provided by Magyar Bank. They also have a mobile banking feature by which user can access there bank accounts using smartphone. The app is available in Android/Ios store.
400 Somerset Street, New Brunswick, Middlesex, NJ
Magyar Bank Online Banking Login – Instructions
Step 1: Visit Official website of Magyar Bank by visiting http://www.magbank.com (Link will open in a new window)
Step 2: Visit Login Page
Step 3: Enter your User Id and Password and Press Login Button.
Note: In case you have forgotten your username or password you can press Forgot Password Button to reset your login credentials.
Step 4: You will be taken to your Savings/Checking Account Dashboard.
By following above steps you should be able to login in your Magyar Bank account.
Features of Magyar Bank
- Very low maintenance fees
- 24×7 Customer and Email Support
- All Deposits Insured by DIF
- Better interest rates
Services Offered by Magyar Bank
- Savings Account
- Checking Account
- Certificate of Deposits (CD)
- Internet Banking
- Mobile Banking
- Debit Card
- Credit Card
|Bank Name||Magyar Bank|
|OTS Docket Number||5775|
|Federal Reserve ID Number||548771|
|Address||400 Somerset Street, New Brunswick, Middlesex, NJ|
|Bank Holding Company (Regulatory Top Holder)||MAGYAR BANCORP, MHC|
|Total Assets||540732 Million USD|
|Insurance Fund Membership||DIF|
|Amount ($) ” time deposits less than $100,000||52170|
|Time deposits of < $100,000: 3 months or less||8809|
|Time deposits of < $100,000: 3 – 12 months||17587|
|Time deposits of < $100,000: 1 – 3 years||17032|
|Time deposits of < $100,000: 3 or more years||17032|
Interest and Net Income Details:
|Total interest income (In Millions)||9813|
|Total interest expense (In Millions)||1559|
|Net interest income (In Millions)||8254|
|Provision for loan and lease losses (In Millions)||516|
|Net income (In Millions)||470|
|Net charge-offs (In Millions)||489|
|Cash dividends (In Millions)||0|
|Net operating income (In Millions)||461.12|