JFKMedicalCenterGrant August 2011 by 0N5A9q


400 Somerset, New Brunswick, NJ 08901

  MagyarBank Charitable Foundation Grants $1,000 to Auxiliary of the JFK Medical Center

New Brunswick, NJ – August 22, 2011 – The MagyarBank Charitable Foundation recently
awarded a $1,000 grant to the Auxiliary of the JFK Medical Center Foundation in support of the
development of a New Emergency Pavilion and Pediatric Emergency Department at JFK Medical

JFK Medical Center, in response to the dramatic boost in volume in its emergency department,
launched this program in 2010 with the construction of a three-story Pavilion which will ultimately
nearly double the emergency department’s size to 50,000 square feet and renovate existing space
to improve patient flow, privacy and quality of care. The upgraded facility will include a spacious
waiting area with comfortable seating, fifty-two private treatment rooms, sixteen private pediatric
treatment rooms and sixty additional parking spaces.

“We’re pleased to support JFK Medical Center’s expansion,” stated Jay Castillo, President,
MagyarBank Charitable Foundation. “The new Emergency Pavilion and Pediatric Emergency
Department will play a key role in improving the quality of medical care for the community, and JFK
Medical Center’s commitment to this project embodies the mission of the MagyarBank Charitable
Foundation to support initiatives that are essential to the underlying medical care of the
communities we serve.”

About MagyarBank Charitable Foundation
The MagyarBank Charitable Foundation was established by Magyar Bank, a $527 million asset
community bank headquartered in New Brunswick, New Jersey. Magyar Bank is the principal
subsidiary of Magyar Bancorp (NASDAQ: MGYR). The Foundation is committed to supporting
organizations that offer educational, health and human services, youth and affordable housing
programs that will improve the quality of life for residents in the communities served by Magyar

To apply for a grant, Applicants need to fill out a MagyarBank Charitable Foundation Grant Request
form with documentation describing the initiative seeking support. The form can be downloaded
from the Magyar Bank web site. All requests should be sent to MagyarBank Charitable Foundation,
c/o Magyar Bank, 400 Somerset St., New Brunswick, NJ 08901, Attention Judy Braverman. For
more information about the MagyarBank Charitable Foundation, call 732-342-7600, ext. 111 or
visit www.magbank.com.

Photo Caption:

(left to right) Rudie Matthijs, Edison Branch Manager, Magyar Bank, John Fitzgerald, President &
CEO, Magyar Bank, Barbara Braynock, President, Auxiliary JFK Medical Center Foundation, Tom
Lankey, Senior Vice President, Solaris Health Systems and Jay Castillo, President, MagyarBank
Charitable Foundation.

Contact: John Reissner, 732.214.2083


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