NEW BRUNSWICK, N.J.
/PRNewswire-FirstCall/ -- The Board of Directors of Magyar Bank announced today that
John S. Fitzgerald
has been named President and Chief Executive Officer of Magyar Bank and of the bank's holding company, Magyar Bancorp, Inc. Mr. Fitzgerald had been serving as Acting President and CEO of the bank and the company since
, and previously served as Executive Vice President, Chief Operating Officer.
Mr. Fitzgerald is a banking veteran with over 24 years experience in the industry, and has an extensive background in Commercial Lending and Retail Banking. He joined Magyar Bank in 2001 when he established the Bank's Commercial Lending Department and was named Executive Vice President in
. Mr. Fitzgerald was named Executive Vice President, Chief Operating Officer in
Mr. Fitzgerald is a graduate of the
University of Maryland
where he obtained his Bachelor's degree in Economics, and the Stonier Graduate School of Banking.
Mr. Fitzgerald is involved in numerous community and professional organizations, and currently serves as Chairman of the Board of the Middlesex County Regional Chamber of Commerce. He is a past President of the North Jersey Chapter of the Risk Management Association, the Dunellen Lions Club and the
Board of Education.
He and his wife live in
Dunellen, New Jersey
and have two children.
About Magyar Bank
Magyar Bank, headquartered in
New Brunswick, New Jersey
, is the principal subsidiary of Magyar Bancorp (Nasdaq: MGYR), and is a
asset community bank. Magyar Bank has been serving families and businesses in
Central New Jersey
since 1922 with a complete line of financial products and services, and today Magyar operates branch locations in
. Visit Magyar online at
SOURCE Magyar Bank