At Manasquan Bank, we’re always looking for ways to enhance your banking experience while staying competitive and aligned with industry standards. After a thorough review of current market trends, operational costs, and service demand, we’re making some important updates to our Consumer and Business Account-Related Fees, effective May 1, 2025.
We’re proud to share that many of our most-used services are now more affordable—or completely free.
✅ What's Changing?
- Some fees have increased to align with industry benchmarks
- Many fees have been reduced or eliminated altogether
🏦 Key Updates for Business Accounts
Fee Decreases & Complimentary Services
- Instant Statements: Was $2.00 → Now FREE
- Re-deposit Returned Items: Was $2.00 → Now FREE
- Incoming Wire Transfers (Domestic & Foreign): Was $10.00 → Now FREE
Fee Increases
- Levy, Lien, or Legal Action Processing: $75.00 → $150.00
- Night Deposit Key Replacement: $4.00 → $10.00
- Official Bank Checks: $10.00 → $20.00
- Stop Payments: $25.00 → $30.00
- Outgoing Wire Transfers (Domestic): $20.00 → $30.00
- Outgoing Wire Transfers (International): $30.00 → $50.00
Business Fee Comparison Table
|
Fee Description
|
Old Fee
|
New Fee (Effective 5/1/2025)
|
|
Coin Roll Ordering
|
N/A
|
$0.05 per roll
|
|
Instant Statement
|
$2.00
|
$0.00
|
|
Levy, Lien, or Legal Action
|
$75.00
|
$150.00
|
|
Night Deposit Key Replacement
|
$4.00
|
$10.00
|
|
Official Bank Check
|
$10.00
|
$20.00
|
|
Re-deposit Returned Item
|
$2.00
|
$0.00
|
|
Stop Payment
|
$25.00
|
$30.00
|
|
Wire Incoming (Domestic/International)
|
$10.00
|
$0.00
|
|
Wire Outgoing Domestic
|
$20.00
|
$30.00
|
|
Wire Outgoing International
|
$30.00
|
$50.00
|
🧾 Key Updates for Consumer Accounts
- Deposited Item Returns: Was $10.00 → Now FREE
- Standby NSF Transfers: Was $10.00 → Now FREE
- Incoming Wire Transfers (Domestic & International): Was $10.00 → Now FREE
- Dormancy Charges: $1.00 → $10.00/month
- Levy/Lien Processing: $75.00 → $150.00
- Stop Payments: $25.00 → $30.00
- Outgoing Wire Transfers (Domestic): $20.00 → $30.00
- Outgoing Wire Transfers (International): $30.00 → $50.00
Consumer Fee Comparison Table
|
Fee Description
|
Old Fee
|
New Fee (Effective 5/1/2025)
|
|
Deposited Item Return
|
$10.00
|
$0.00
|
|
Dormancy Charge
|
$1.00
|
$10.00
|
|
Levy, Lien, or Legal Action
|
$75.00
|
$150.00
|
|
Standby NSF Transfer
|
$10.00
|
$0.00
|
|
Stop Payment
|
$25.00
|
$30.00
|
|
Wire Incoming (Domestic/International)
|
$10.00
|
$0.00
|
|
Wire Outgoing Domestic
|
$20.00
|
$30.00
|
|
Wire Outgoing International
|
$30.00
|
$50.00
|
📝 What You Need to Do
There’s no action required—but we do recommend reviewing the fully updated fee schedules (available via eStatements in Digital Banking or at your local branch) and reaching out to your banker if you have any questions.
Want to ensure you’re in the right account for your needs? Our team is happy to help explore options that may provide even more value.
💬 Questions? We're Here to Help
For additional information or personal assistance, please reach out to your local branch or contact our Client Support Center at 1-844-626-2265.
Thank you for being a valued part of the Manasquan Bank community. These updates are designed to better serve you, support continued innovation, and keep our services aligned with your needs.
