UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                       PURSUANT TO SECTION 13 OR 15(D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

       Date of Report (Date of earliest event reported): February 17, 2010

                              MAGYAR BANCORP, INC.
                              --------------------
               (Exact Name of Registrant as Specified in Charter)

            Delaware                   0-51726                     20-4154978
-----------------------------      ----------------         -------------------
(State or Other Jurisdiction)    (Commission File No.)        (I.R.S. Employer
      of Incorporation)                                      Identification No.)


400 Somerset Street, New Brunswick, New Jersey                   08901
----------------------------------------------                -----------
(Address of Principal Executive Offices)                       (Zip Code)

Registrant's telephone number, including area code:  (732) 342-7600
                                                     --------------



                                 Not Applicable
                                 --------------
          (Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
      CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))






Item 8.01         Other Events
                  ------------

     On February 17, 2010,  Magyar Bancorp,  Inc. (the "Company") issued a press
release  announcing that Glass Lewis & Co. has  recommended  stockholders of the
Company vote "FOR" the Company  nominees  for  director at the  upcoming  annual
meeting of  stockholders  on February 23, 2010. The text of the press release is
attached as Exhibit 99.1 to this report.

Item 9.01         Financial Statements and Exhibits
                  ---------------------------------

(a)     Financial Statements of businesses acquired. Not Applicable.

(b)     Pro forma financial information. Not Applicable.

(c)     Shell Company Transactions. Not Applicable

(d)     Exhibits.

                  The following Exhibit is attached as part of this report:

                  99.1     Press release, dated February 17, 2010.










                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, hereunto duly authorized.

                                 MAGYAR BANCORP, INC.



DATE: February 17, 2010          By: /s/ John S. Fitzgerald
                                    --------------------------------------------
                                    John S. Fitzgerald
                                    Acting President and Chief Executive Officer







                                  EXHIBIT INDEX

         Exhibit No.                     Description
         -----------                     -----------
          99.1                           Press release, dated February 17, 2010.