Magyar Bank is a New Jersey based community bank with 6 offices in Middlesex and Somerset County.  Member FDIC.

Banking

Magyar Bank

Magyar Bank's headquarters in New Brunswick, NJ, United States

John Fitzgerald

Victoria L. Gorman

John Reissner

Tom Iorio

Jay Castillo

Debra Cooper

Peter Brown

Jon Ansari

Pamela Jordan

The Loan & Credit Management team at Magyar Bank is responsible for the administration, approval, and management of all loan types including residential, consumer, commercial, and SBA loans. They work collaboratively to assess creditworthiness, ensure regulatory compliance, facilitate loan closings, manage loan portfolios, and develop new business opportunities. This team plays a critical role in supporting the financial needs of the local community while maintaining the bank's risk standards.

Loan & Credit Management

The Operations and Administrative Team at Magyar Bank oversees critical functions including managing accounting, deposit operations, information systems, privacy, facilities, and security. They also support project management, marketing, community relations, and administrative tasks such as executive assistance and mail courier services.

Operations and Administrative Team

The Branch Management team at Magyar Bank oversees the daily operations and customer service functions of all six branch locations. They ensure efficient operation, compliance with bank policies, and high standards of client satisfaction. Each Branch Manager is responsible for the management, growth, and profitability of their respective branches.

Branch Management

The Vice Presidents team at Magyar Bank is responsible for high-level strategic decision-making, overseeing various departments, and ensuring the bank's operations align with regulatory standards and organizational goals. This team plays a crucial role in driving growth, maintaining compliance, and fostering community relations within Middlesex and Somerset County.

Vice Presidents

The Bank Secrecy Act (BSA) Compliance Team at Magyar Bank is responsible for monitoring financial transactions to detect and prevent money laundering and other illicit activities. The team ensures compliance with regulatory requirements, conducts risk assessments, and files mandatory reports to authorities, thereby safeguarding the bank's integrity and aiding in financial crime prevention.

Bank Secrecy Act (BSA) Compliance Team

The Leadership Team at Magyar Bank is responsible for setting the strategic direction and overall vision of the bank while ensuring operational efficiency and financial stability. This team, comprising key executives including the President & CEO, CFO, and Chief Lending Officer, collaborates to develop policies, drive growth initiatives, and foster a strong community presence in Middlesex and Somerset County. Through effective leadership, they aim to enhance customer service, manage risk, and support the bank’s mission of serving the local community.

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Magyar Bank

Org chart

Teams

Loan & Credit Management

Operations and Administrative Team

Branch Management

Vice Presidents

Bank Secrecy Act (BSA) Compliance Team

Leadership Team

Offices

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Magyar Bank

Org chart

Teams

Loan & Credit Management

Operations and Administrative Team

Branch Management

Vice Presidents

Bank Secrecy Act (BSA) Compliance Team

Leadership Team

Offices

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