MAGYAR BANCORP, INC. (NASDAQ:MGYR) Files An 8-K Regulation FD Disclosure
Item 7.01
| Regulation FD Disclosure |
Beginning on February 8, 2017, in connection with its annual
meeting of stockholders, Magyar Bancorp, Inc. (the Company)
intends to make available to its stockholders, investors and
others, and to post on its Web site, a written presentation
regarding the Companys 2016 financial performance and ongoing
community banking strategy.
A copy of the stockholder presentation is attached as Exhibit
99.1 to this report.
| Item 9.01 | Financial Statements and Exhibits |
| (a) | Financial Statements of businesses acquired. Not Applicable. |
| (b) | Pro forma financial information. Not Applicable. |
| (c) | Shell Company Transactions. Not Applicable |
| (d) | Exhibits. |
| 99.1 | Stockholder Presentation February 9, 2017. |
About MAGYAR BANCORP, INC. (NASDAQ:MGYR)
Magyar Bancorp, Inc. is a holding company of Magyar Bank (the Bank). The Bank’s principal business consists of attracting retail deposits from the public in the areas surrounding its main office in New Brunswick, New Jersey and its branch offices located in Middlesex and Somerset Counties, New Jersey. The Bank invests these deposits, together with funds generated from operations and wholesale funding, in residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, small business administration (SBA) loans, construction loans and investment securities. The Bank’s primary sources of funds are deposits, borrowings, and principal and interest payments on loans and securities. The Bank’s deposits include certificates of deposit, demand, savings, negotiable order of withdrawal (NOW) and money market accounts. MAGYAR BANCORP, INC. (NASDAQ:MGYR) Recent Trading Information
MAGYAR BANCORP, INC. (NASDAQ:MGYR) closed its last trading session 00.00 at 13.02 with 3,255 shares trading hands.
