Come See What’s New at Magyar Bank!
We’ve moved! Stop by our new location at 976 Inman Avenue in Inman Square! Whether you’re an existing customer or exploring Magyar Bank for the first time, we invite you to visit our new location, meet our team, and learn how we can help with your personal and business banking needs.
To celebrate, take advantage of our special offers:
1. Join us for our Grand Opening on September 18 & 19 to enjoy festivities, special giveaways, and an exclusive opportunity to earn 4.50% APY* on a 14-month CD or 4.00% APY* on a 7-month CD
2. Access a special rate on our Relationship Savings Account
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- 3.25 % APY** on balances $10,000 and up
- 1.50% APY** on balances $0 – $9,999.99
Requires a qualifying Magyar Free Checking account with at least $250 in direct deposits per statement cycle, three point-of-sale debit card transactions, and combined eStatements.
3. Enter our Solo Stove Sweepstakes*** in which we’re giving one lucky winner a Solo Stove Smokeless Fire Pit. Complete the below form between September 8 – 30, 2026 for your chance to win.
Why Bank with Magyar?
Whether you’re opening your first account, buying a home, or growing your savings, our team is here to help every step of the way.
- Personalized, local service
- Competitive products and services
- Convenient online and mobile banking
- Serving the community for over 100 years
Stop by our new branch location or give us a call to learn more about our personal and business banking solutions.
976 Inman Avenue
Edison, NJ 08820
732-955-3679
*APY (Annual Percentage Yield) effective September 18 and 19, 2026 only and subject to change without notice. New money only, deposits not currently with Magyar Bank. Minimum balance of $2,500 required to open. Penalty for early withdrawal, fees may reduce earnings. Available only in-person at Magyar Bank branch at 976 Inman Avenue, Edison, NJ.
**APY (Annual Percentage Yield) effective as of August 20, 2026, and subject to change without notice. Rate may change after account is opened. Relationship Savings account is available for new money only, deposits not currently with Magyar Bank. To earn the 3.25% APY on balances of $10,000 or higher, you must maintain a Magyar Free Checking account with direct deposit of at least $250 and three point of-sale (POS) Debit Card transactions per statement cycle. Combined eStatements are required. APY will be 2.75% on balances over $10,000 if the checking account requirements are not met. APY is 1.50% for balances below $10,000 regardless of whether the checking requirements are met. $10,0000 minimum balance to open. Fees may reduce earnings. Magyar Free Checking account requires $100 minimum to open. Available only at Magyar Bank branch at 976 Inman Avenue, Edison, NJ or online.
***No purchase, deposit, or account opening necessary. A purchase or deposit will not increase your chances of winning. Sweepstakes runs from September 8, 2026 through September 30, 2026. Void where prohibited. Must be a legal NJ resident, 18 years of age or older to enter. Prize: One (1) Solo Stove Firepit (Approximate Retail Value (“ARV”) $359.99). Odds of winning depend on the number of eligible entries received. Winner need not be present at the time of the drawing to win. By submitting this form, you agree to our Privacy Policy and will be automatically entered into Magyar Bank’s email database and may occasionally receive information from Magyar Bank. You may opt out of these communications at any time. For complete official sweepstakes rules, click here!