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During this episode, Bob talks with James S. Vaccaro, Chair, President, and Chief Executive Officer of Manasquan Bank, a $2.8 billion dollar mutual banking organization founded in 1874. They discuss the collapse of Silicon Valley Bank.
Prior to joining Manasquan in 2012, Mr. Vaccaro served as executive vice president and chief operating officer for SpringPoint Senior Living, New Jersey’s leading provider of not-for-profit senior house and healthcare.
While he has worked in other fields, the majority of Mr. Vaccaro’s career has been as a leader within the banking profession, with more than thirty years of experience in the industry.
He served as chairman, president, and CEO of Central Jersey Bancorp, the parent company of Allaire Community Bank and Monmouth Community Bank, which he helped found in 1998. From 1982 to 1995, Mr. Vaccaro was employed by Central Jersey Bank and Trust Company and served in various capacities including executive vice president, treasurer, CFO, and member of the board of directors.
A leader in both civic and philanthropic organizations, Mr. Vaccaro is a member of the Board of Trustees of, RWJ/ Barnabas Health and a member of the Board and former Chair of Monmouth Medical Center. He is former Chairman of the Board for Visiting Nurses Association of Central New Jersey, a former member of the Board of Trustees of Monmouth University and sits on the advisory board of Interfaith Neighbors and the leadership council of Prevention First. He also is the past Chair of the Board of Directors of the New Jersey Bankers Association and currently remains on the Board. He is a member of the Board of Directors of Four Springs Capital, LLC.
In 2013 Mr. Vaccaro was the recipient of the Monmouth University Distinguished Business Leader Award and in 2007, the Long Branch Chamber of Commerce honored Mr. Vaccaro with the Louis G. Libutti Community Service award for exceptional leadership, professional achievement, and a stellar record of community service.