External reports (aggregated public sources), Value Investors Club

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External reports (aggregated public sources)

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<ul><li>Magyar Bancorp (MGYR) completed its second-step conversion in July 2021, making it eligible for acquisition by another bank in July 2024</li><li>MGYR has seven branch locations in New Brunswick, New Jersey, with a small market share in Middlesex and Somerset counties</li><li>The company's strategic location and potential for growth may make it an attractive target for acquisition in the future</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

Magyar Bancorp (MGYR) completed its second-step conversion in July 2021, making it eligible for acquisition by another bank in July 2024MGYR has seven branch locations in New Brunswick, New Jersey, with a small market share in Middlesex and Somerset countiesThe company's strategic location and potential for growth may make it an attractive target for acquisition in the futureThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Magyar Bancorp Inc (MGYR) - Tuesday, Feb 20, 2024

United States

Magyar Bancorp Inc. is the holding company for Magyar Bank.  The Bank operates in Middlesex County, New Jersey.  Magyar originates mortgage loans secured by one-to four-family residential real estate and offers a variety of deposit accounts.

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