Metuchen Branch Relocation Project

 

Frequently Asked Questions

We are excited to share that this summer we will begin construction of a new Manasquan Bank office building to be the new home of our Metuchen branch and Northern Administrative Office. The new building, dedicated to Katherine J. Liseno, will be situated on our existing Manasquan Bank property at 429 Main Street, the cornerstone of downtown Metuchen. During the construction, our branch at 442 Main Street will remain open to service all your banking needs.

What is happening?

We are constructing a new Manasquan Bank branch and satellite administrative office on our existing bank property at 429 Main Street. During the construction, our branch at 442 Main Street will remain open to service all your banking needs.

When is this happening?

We are anticipating demolition to begin at 429 Main Street in late June 2022, and we are expecting the project to take at least 10 months to complete.

Why aren’t you remodeling your existing branch at 442 Main Street?

Our existing branch has configurations that restrain us from creating a space with the functionality, efficiency, and features we desire for our clients, colleagues, and community members. The new branch will provide the Metuchen community with visual and functional flair showcasing our vision for the Manasquan Bank of the future.

What will happen to the existing branch at 442 Main Street?

 Shortly after we fully vacate, the property will be subdivided. The bank building, which includes the branch parking lot, will be listed for sale. The exterior property that contains the drive-thru lanes will be donated and transferred to the Metuchen Borough to be developed into a community park.

What will happen to the Vault Door?

We are pleased to reveal that the antique Mosler Safe Company vault door will be relocated to the new branch building. We invite you to follow us on our social media channels to watch the historic move.

How long will the construction take?

We are aiming to have the new building completed and ready to open in Spring 2023.

What are the benefits of building a new branch?

Our clients will enjoy an updated and modern lobby experience featuring “universal service” bankers at desk-like pods in place of a traditional teller counter. In addition to two fully functional drive-through lanes, access to ATM and a convenient bike rack. We will also have a Community Room that local groups can utilize during banking business hours.

Our Metuchen-based loan officers and retail team members will all be able to work in the same building. Our staff is looking forward to being in closer proximity to each other for more efficient support and collaboration.

Who is doing the demolition and construction?

Vericon is the contractor for this project. They are a long- time partner of ours and have helped us with several other construction projects over the past few years.

What will happen to my safe deposit box?

 If you are a safe deposit box holder, the boxes will be safely transferred to the new branch.  A letter with more information will be provided prior to our move.