Personal Banking Services

The Magyar Debit Card not only gives you access to your money at ATMs worldwide, but you can use it to make purchases at any location where MasterCard® is accepted. Your card works just like a check, and funds for your purchase are deducted directly from your checking account.

Plus, with MasterCard® SecureCode®, you have added protection for purchases you make with your Debit Card online.  During checkout, a window will appear that will ask you to activate your SecureCode® before completing your transaction.  Simply enter your private code to complete your purchase.  Click here to set up your private SecureCode® and make your online shopping even more secure. 

Magyar Bank is part of the Accel Network, a collection of ATMs that have no surcharge for Magyar Bank customers when they use one of their machines.  For a complete listing of ATMs in this network, visit www.accelnetwork.com. 

How do I report my Magyar Debit Card/ATM Card as lost or stolen?
If you have lost your Magyar Bank Debit/ATM Card, or believe it has been stolen, please call 1-888-990-2265 immediately so we can reissue you a new card.

Customer Service Representatives are available Monday – Friday, 8:00am – 6:00pm, and Saturday, 9:00am – 1:00pm. After hours, you may call 1-800-472-3272.

What if I forget my PIN for my Magyar Debit/ATM Card?
Please contact 1-888-990-2265 immediately if you have forgotten your Debit/ATM Card PIN. We will mail you a new PIN.

Protect Your Account From Fraud--Sign Up For CardValet

With CardValet® from Magyar Bank, you can control your Debit Card through your mobile device. With the CardValet app, you can turn your card on and off when you want, and be notified if someone tried to use your card without your permission. Click here to get the App and learn more.

What to do if you plan on being out of the country and want to use your Card

If you plan on traveling outside of the United States, please be sure to call our Customer Service Department at 1-888-990-2265 and let us know when you're leaving, and what countries you will be traveling too. Many cases of Debit Card fraud are initiated in foreign countries, and for your protection we block transactions initiated in some foreign countries. The complete list of countries is subject to change, so if you plan on traveling it's best to let us know so we can make sure your Card will be able to be used during your trip.

Chip Cards

By now, you've probably seen the new Credit and Debit Cards that Banks, including Magyar, are issuing to new and existing customers. These new cards are embedded with security chips to help protect you against fraud at the register.

What is A Chip Card?

A chip card—also known as an EMV card—is your financial institution’s way of adding an extra layer of security when you pay. Chip cards can be used anywhere your other cards are used, but the chip functionality only works at a business that has an activated chip-enabled terminal.
Why Are Chip Cards More Secure?

The chip generates a unique, one-time code each time you dip your card at a chip-enabled terminal. Your purchase can only be approved with the chip-generated code. The chip in your card is virtually impossible to duplicate. That means attempts by a fraudster to create and use counterfeit cards will be much harder. Consumers continue to have zero liability for fraudulent transactions.

How Do I Use It?

• Insert your card into the chip enabled terminal with the chip first, facing up.
• Leave the card in the terminal until the transaction is complete.
• You may be prompted to sign your name.
• If there isn’t a chip-enabled terminal, use the card the traditional way and swipe.

Save yourself a trip to the bank by having your paycheck automatically deposited into your Magyar checking account. You'll be able to access your money that business day, and your transactions are safe and secure. 

We’ve made it easier for you to switch your accounts to Magyar Bank.  Simply complete our Switch Kit and bring it to any Magyar Bank location.  Our representatives will help you what a Simply MAGnificent banking relationship is really like!

Give your loved ones and friends a Magyar Visa Gift Card.  Cards can be purchased in amounts ranging from $25-$1,000.  With a Visa Gift Card, your recipient will enjoy:

• More Choices - Unlike store gift cards which limit purchases to their location, Visa Gift Cards can be used wherever Visa debit cards are accepted.
• 24/7 Balance Access - Balances can be checked online or toll-free by telephone.
• Security - Lost or Stolen card balances can be transferred onto a new gift card.

For more information, stop by any branch location or call 1.888.990.BANK.

We've made switching your banking relationship to Magyar Bank easy!  Our switch kit includes a Direct Deposit Letter and an Automatic Payment Letter to make your transition easier. Click on the link below and follow the instructions on the first page.

Switch Kit

Paper U.S. Savings Bonds are no longer available at financial institutions or through mail-in orders.  Savings Bonds must be purchased through the Department of Treasury's Web site.

I already have paper savings bonds. What will happen to them?

Existing paper savings bonds are valid issues of the Treasury Department and will earn interest for 30 years from the issue date or until redeemed. You can redeem paper bonds at most local financial institutions. You also can convert your paper savings bonds to electronic savings bonds in TreasuryDirect using a program called SmartExchange. There's no charge to convert paper bonds. No earned interest will be lost, and the bonds will keep their original issue dates and current interest rate terms.

Can I still give savings bonds as gifts?

Yes. You can buy electronic savings bonds as gifts in TreasuryDirect. You can hold the bonds in your gift box area in TreasuryDirect until you’re ready to electronically deliver them to the gift recipient. The recipient must have a TreasuryDirect account (or be named on a minor linked account if under 18 years old.)

The U.S. Treasury Department has a complete list of Frequently Asked Questions, or other information about the new electronic program.  For more details, visit www.treasurydirect.gov, or ask any Magyar Bank Representative.

Magyar's Free Telephone Banking service is available 24 hours a day. It's easy to use and you can get started as soon as you open your account. Simply call our Telephone Banking service directly at 1-855-624-2497 to:

• Check account balances
• Transfer funds
• Retrieve account activity
• Check to see if a check has cleared
• Place a stop payment on a check