Side-by-side · Q2 2026 data
Magyar Bank vs Local 1233 Federal Credit Union
Credit union
Local 1233 Federal Credit Union
Newark, New Jersey · Under $100 million in assets
Metric by metric
| Measure | Magyar Bank | Local 1233 Federal Credit Union |
|---|---|---|
| TellerScore | 72 | 88 (stronger) |
| Capital cushion | 63 | 100 (stronger) |
| Loan quality | 99 (stronger) | 91 |
| Earnings | 70 (stronger) | 53 |
| Funding & liquidity | 27 | 100 (stronger) |
| Problem-loan coverage | 99 | 99 |
| Peer percentile | 66th | 85th |
| Total assets | $1.0B | $14.1M |
| Deposits / shares | $860.4M | $11.5M |
| Capital ratio | 11.29% | 17.87% (stronger) |
| Problem loans | 0.04% (stronger) | 0.27% |
| Net charge-offs | 0.07% (stronger) | 0.31% |
| Return on assets | 1.25% (stronger) | 0.82% |
| Loans ÷ deposits | 102.3% | 49.1% (stronger) |
| Uninsured deposits | 42.3% | 2.7% (stronger) |
| Offices | 7 | 1 |
| CFPB complaints (3 yrs) | — | — |
| Complaints per $1B deposits | — | — |
| Mortgage denial rate (HMDA) | 12.6% | — |
Local 1233 Federal Credit Union has the higher TellerScore (88 vs 72). On the 7 directional measures above (where higher or lower is clearly better), Magyar Bank leads on 3 and Local 1233 Federal Credit Union on 4. They differ a lot in size, so ratios such as capital and liquidity are naturally different — the peer percentile shows how each compares with institutions its own size. Deposits are insured up to $250,000 per depositor, per ownership category, at both.