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Manasquan Bank Honored as a 2021 “Best Banks to Work For” by American Banker

November 09, 2021
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Manasquan Bank Honored as a 2021 “Best Banks to Work For” by American Banker

WALL TOWNSHIP, NJ (November 9, 2021) – For the third consecutive year, Manasquan Bank has been recognized as a “Best Banks to Work For” by American Banker magazine as part of its annual list organized by the Best Companies Group (BCG). Manasquan Bank was nationally ranked the #56 “Best Bank” on the 2021 list of all U.S. Banks, earning the #36 rank on the list of 4,530 institutions with total assets of less than $3 Billion.

The Best Banks to Work For program, which was initiated in 2013 by American Banker and BCG, identifies, recognizes and honors U.S. banks for outstanding employee satisfaction. Determining the Best Banks to Work For was a two-step process. The first step was an evaluation of participating companies' workplace policies, practices, and demographics. In the second step, anonymous employee surveys were conducted to directly assess the experiences and attitudes of individual employees with respect to their workplace. The combined scores determined the top banks and the final ranking.

“We are incredibly proud to be recognized by American Banker, and more importantly, by our colleagues, said James S. Vaccaro, Chair, President and CEO, Manasquan Bank. “This accomplishment validates our strategic efforts in fostering a culture that is conducive to personal and professional development and overall satisfaction. We will continue in our tireless efforts to further improve upon the quality of all that goes into defining the overall work environment”.

Manasquan Bank was also recently honored with an Outstanding Employer Award by The New Jersey Business & Industry Association (NJBIA). The NJBIA’s annual Awards for Excellence honors select employers from its membership for outstanding achievements, including companies who celebrate creative and forward-thinking approaches to employee development and retention.

Both awards reflect Manasquan Bank’s commitment to providing their employees with innovative and tailored programs designed to successfully navigate the evolving demands within the workplace.

About Manasquan Bank:

Manasquan Bank, a mutual community bank with consolidated assets of $2.7 Billion, is headquartered in Wall Township, NJ. The Bank has been serving New Jersey residents since 1874 and continues to pioneer the future of banking with both traditional and digital solutions. The Bank offers a full line of personal & business services, and operates fifteen branch locations throughout Middlesex, Monmouth & Ocean Counties. Manasquan Bank proudly supports community-focused, non-profit initiatives through the Manasquan Bank Charitable Foundation. For more information, visit www.manasquan.bank.

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