Manasquan Bank Honored with Community Service Award
Manasquan Bank has proudly announced its recognition as a recipient of the 2025 New Jersey Bankers Association (NJBankers) Community Service Award. This prestigious award celebrates financial institutions for their exceptional commitment to community enrichment, volunteerism, and charitable efforts within the areas they serve. Each year, NJBankers evaluates submissions from member banks documenting their public service initiatives, identifying those that exemplify the highest standards of civic leadership.
A Commitment to Positive Change
In a statement, James S. Vaccaro, Chair, President, and CEO of Manasquan Bank, expressed gratitude for the recognition. He stated, "We are honored to be recognized by NJBankers. At Manasquan Bank, we believe our mission extends beyond banking — it includes being a catalyst for positive change in the neighborhoods we serve. This award reaffirms our dedication to partnering with local nonprofits, schools, and civic groups to uplift and strengthen our communities."
The bank's community service efforts have been documented in its annual Community Impact Report, which outlines various initiatives and achievements. Some highlighted contributions include:
1.
Volunteer Engagement: Manasquan Bank employees dedicated over 505 hours of volunteer work to diverse causes, including food banks, environmental cleanup, and mentorship programs, through their CREW Cares program.
2.
Charitable Contributions: The Manasquan Bank Charitable Foundation awarded $392,120 in grants to local nonprofits focusing on issues such as affordable housing, youth development, health services, and education.
3.
Financial Education Outreach: The bank has conducted numerous free workshops and seminars in local schools and community centers. These sessions have equipped attendees with essential knowledge on budgeting, credit management, fraud protection, and homeownership.
Recognition of Industry Impact
Cathy Franzoni, SEVP and COO, underscored the importance of community partnership, stating, "As our banking industry continues to evolve, it is essential that institutions remain grounded in service. This award reflects the spirit and hard work of every Manasquan Bank employee who devotes time, talent, and care to the communities they live in. We are deeply grateful to NJBankers for this honor."
The NJBankers Community Service Awards serve not only to recognize outstanding banks but also to demonstrate to state and federal policymakers the crucial role that the banking industry plays in promoting civic welfare and economic health.
About Manasquan Bank
Established in 1874, Manasquan Bank is a mutual community bank with over $3.4 billion in consolidated assets. Headquartered in Wall Township, NJ, the bank operates fifteen branches across Middlesex, Monmouth, and Ocean Counties. It offers a full range of personal and business banking services, evolving alongside modern banking needs through both traditional and digital solutions. Additionally, the Manasquan Bank Charitable Foundation actively supports various community-focused initiatives. For more details, visit
www.manasquan.bank.