MANASQUAN, NJ (April 24, 2014) – For nearly 50 years, the Monmouth-Ocean Development Council has honored those in the community who have demonstrated leadership in Community Service, Economic Development, and Tourism. This year, Manasquan Savings Bank is proud to announce that it is among the honorees, receiving a Silver Gull Economic Development Award for its recent initiatives in the community.
“Since our beginnings 140 years ago, support for economic growth in the region has been an integral part of our lifeblood as a community bank,” says James S. Vaccaro, President. “We are delighted to be among those recognized by the Monmouth-Ocean Development Council.”
The Monmouth-Ocean Development Council is comprised of hundreds of businesses, community and government leaders who work together to support and create economic opportunity in the bi-county region. Economic Development Awards are given in recognition of Monmouth and Ocean County individuals, organizations or corporations that have made an exceptional contribution to the business community’s growth or economic development.
“Economic development means helping to build strong communities. To that end, Manasquan Savings Bank is proud to have lent more than $150 million in residential and business loans in the wake of Sandy,” Vaccaro says. “It also means providing a safe haven for customers’ precious savings, a hallmark of Manasquan Savings Bank since its inception.”
Award recipients will be honored at a dinner to be held at the Jumping Brook Country Club on May 1st. Fellow 2014 recipients of the Silver Gull Award for Economic Development include EPS Corporation and the New Jersey Small Business Development Center at Brookdale Community College.