Manasquan Bank Announces Completion Of Bank Merger

Manasquan Bank announced today that it has completed the merger of Metuchen Savings Bank with and into Manasquan Bank, effective April 1, 2019.

“We plan to continue Metuchen’s rich history in Middlesex County which began in 1897 by operating Metuchen as a division of Manasquan Bank.

"The preservation of the Metuchen name is truly symbolic of our full commitment to make the merger a seamless transition for clients of Metuchen Savings,” said James Vaccaro, Chairman, President and CEO of Manasquan Bank.

Vaccaro went on to say, “Our merger of Metuchen Savings Bank into Manasquan Bank is the final step in the series of mergers with Metuchen that we announced in May of 2018, and has created a strong strategic and financial alliance that has enhanced Manasquan Bank’s presence in New Jersey.”

A systems conversion is scheduled for the weekend of May 17, 2019. Upon completion of the conversion, clients of Metuchen Savings Bank will be fully integrated with, and have access to, the full suite of Manasquan Bank’s products, services and delivery channels.”

Jones Walker LLP, Washington, D.C., served as legal advisor to Manasquan Bank and McCarter & English served as legal advisor to Metuchen Savings Bank.

About Manasquan Bank:

Manasquan Bank now has 11 locations throughout Monmouth, Ocean and Middlesex Counties and brings 145 years of expertise, commitment and heritage to the markets it serves. We believe we are one of the area’s leading mutual financial institutions. For more information, visit us online at Manasquan.bank or call 844-626-2265.