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Magyar Bank
✓ FDIC-insured · Active FDIC Certificate #30704
Magyar Bank is an FDIC-insured state-chartered savings institution, headquartered in New Brunswick, New Jersey, established in 1922. As of the 06/30/2026 FDIC call report, it reported $1.0B in total assets and $860M in deposits. FDIC location data lists 7 offices in New Jersey. The FDIC classifies it as a community bank. It is owned by the holding company MAGYAR BCORP INC (New Brunswick, NJ).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 7 of Magyar Bank's FDIC-listed offices are in New Jersey. Browse banks in New Brunswick for other local options.
Branch locations
| Magyar Bank 3050 Highway 27 Branch · Full Service - Brick And Mortar | 3050 Highway 27 South Brunswick, NJ 08824 Map ↗ |
| Magyar Bank North Brunswick Branch · Full Service - Brick And Mortar | 582 Milltown Rd North Brunswick, NJ 08902 Map ↗ |
| Magyar Bank Magyar Bank · Full Service - Brick And Mortar | 400 Somerset St New Brunswick, NJ 08901 Map ↗ |
| Magyar Bank Branchburg Branch · Full Service - Brick And Mortar | 1000 Route 202 S Branchburg, NJ 08876 Map ↗ |
| Magyar Bank Tano Mall Branch · Full Service - Brick And Mortar | 1199 Amboy Ave Edison, NJ 08837 Map ↗ |
| Magyar Bank Martinsville Branch · Full Service - Brick And Mortar | 1990 Washington Valley Road Martinsville, NJ 08836 Map ↗ |
| Magyar Bank 976 Inman Ave Branch · Full Service - Retail | 976 Inman Ave Edison, NJ 08820 Map ↗ |
Holding company: MAGYAR BCORP INC
The FDIC lists MAGYAR BCORP INC, based in New Brunswick, NJ, as the top holding company for Magyar Bank. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in New Jersey
Active FDIC-insured banks headquartered in New Jersey with total assets closest to Magyar Bank's $1.0B. See all banks in New Jersey.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Somerset Regal Bank | Bound Brook | $1.2B | 14 |
| Sturdy Savings Bank | Stone Harbor | $1.1B | 13 |
| Haven Savings Bank | Hoboken | $987M | 9 |
| New Millennium Bank | Fort Lee | $899M | 9 |
| Newfield National Bank | Newfield | $889M | 9 |
| Bogota Savings Bank | Teaneck | $872M | 9 |
| Freedom Bank | Maywood | $838M | 5 |
| Hana Bank USA, National Association | Fort Lee | $835M | 4 |
Magyar Bank: common questions
Is Magyar Bank FDIC-insured?
Yes. Magyar Bank is an active FDIC-insured institution, FDIC Certificate #30704. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Magyar Bank headquartered?
Magyar Bank is headquartered at 400 Somerset St, New Brunswick, NJ 08901, according to FDIC records.
How many branches does Magyar Bank have?
FDIC location data lists 7 offices for Magyar Bank, all in New Jersey.
Who owns Magyar Bank?
The FDIC lists MAGYAR BCORP INC of New Brunswick, NJ as the top holding company for Magyar Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.