 NEW BRUNSWICK, N.J., July 14, 2021 PRNewswire -- Magyar Bancorp, Inc. NASDAQ: MGYR the Company, parent company of Magyar Bank, announced that Magyar Bancorp, MHC the MHC, effective following the close of business today, has completed its conversion from the mutual holding company to the stock holding company form of organization the Conversion, and the Company has completed its related stock offering. 