Magyar Bancorp completes conversion to stock holding company; ~7.1M shares outstanding

Magyar Bancorp, Inc.

Conversion from mutual holding company to stock holding company effective after close on July 14, 2021.
Approximately 7,098,070 shares of common stock outstanding post-conversion (before fractional share adjustments).
Stock continues to trade on Nasdaq Global Market under symbol MGYR.
Subscription offering allocations and refund checks processed; DRS book-entry statements to be mailed by AST.

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