Manasquan Savings Bank has been serving the needs of businesses and consumers in Monmouth and Ocean counties since 1874. They are looking forward to serving your needs as your Hometown Community Bank. They will continue to provide the services and funds to help people and businesses reach their financial goals.
I walked into this bank and found the tellers reading books and chatting loudly about their personal lives. The topic of conversation was quite inappropriate for the setting. A tall woman with wild red hair was enjoying the conversation, and using foul language before she saw me and ran into a room in the corner of the building. Needless to say, I will not be back in that bank.
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Manasquan Savings Bank had $5.19 million in non-current loans and owned real-estate with $96.52 million in equity and loan loss allowances on hand to cover it. This gives Manasquan Savings Bank a Texas Ratio of 5.38% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Manasquan Savings Bank decreased dramatically from 7.89% as of December 31, 2012 to 5.38% as of December 31, 2013, resulting in a positive change of 31.84%.This indicates that the balance sheet and financial strength for Manasquan Savings Bank has improved dramatically in recent periods.
In the past year, Manasquan Savings Bank has decreased its total deposits by -$1.16 million, resulting in -0.16% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Manasquan Savings Bank has shown is average.
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Manasquan Savings Bank has $868.99 million in assets with $96.52 million in equity, resulting in a capitalization level of 11.11%, which is excellent.
|FDIC Certificate #||30470|
|Assets and Liabilities|
|Equity Capital||$89.90 million|
|Loan Loss Allowance||$6.63 million|
|Unbacked Noncurrent Loans||$3.23 million|
|Real Estate Owned||$1.96 million|
|Historic Data - December 2012|
|Equity Capital||$82.14 million|
|Loan Loss Allowance||$5.66 million|
|Unbacked Noncurrent Loans||$3.23 million|
|Real Estate Owned||$936,000|
|Profit Margin - Quarterly|
|Net Interest Margin||3.11%|
|Return on Assets||0.73%|
|Return on Equity||7.19%|
|Interest Income||$30.90 million|
Always verify rates and promotions with the bank or credit union. We are not Manasquan Savings Bank, we are a rate comparison website and can not provide official rates or promotions.
|0.45%||$100k||-||Money Market Savings|
|1.25%||$500||-||5 Year CD|
|1.25%||$500||-||7 Year CD|
|0.90%||$500||-||3 Year CD|
|0.60%||$500||-||18 Month CD|
|0.50%||$500||-||1 Year CD|
|0.50%||$500||-||2 Year CD|
|0.30%||$500||-||6 Month CD|
|0.20%||$500||-||30 Day CD|
|0.20%||$500||-||91 Day CD|
|1.25%||$500||-||5 Year IRA (Traditional,Roth,CESA)|
|1.25%||$500||-||7 Year IRA (Traditional,Roth,CESA)|
|0.90%||$500||-||3 Year IRA (Traditional,Roth,CESA)|
|0.60%||$500||-||18 Month IRA (Traditional,Roth,CESA)|
|0.60%||$25||-||18 Month Market Pacer IRA (Traditional,Roth,CESA)|
|0.60%||$500||-||18 Month Steady Earner IRA (Traditional,CESA,Roth)|
|0.50%||$500||-||1 Year IRA (Traditional,Roth,CESA)|
|0.50%||$500||-||2 Year IRA (Traditional,Roth,CESA)|
|0.30%||$500||-||6 Month IRA (Traditional,Roth,CESA)|
|0.20%||$500||-||30 Day IRA (Traditional,Roth,CESA)|
|0.20%||$500||-||91 Day IRA (Traditional,Roth,CESA)|
|Manasquan Savings Bank Locations|
|Wall Township Branch||1410 Meetinghouse @ Rte 35||Manasquan, NJ 8736|
|Howell Branch||167 Newton's Corner and Ramtown Road||Howell, NJ 7731|
|Manasquan Branch||185 Main St||Manasquan, NJ 8736|
|Manasquan Savings Bank||2221 Landmark Place||Manasquan, NJ 8736|
|Point Pleasant Branch||2307 Route 88||Point Pleasant Beach, NJ 8742|
|Princeton Avenue Branch||24 Princeton Avenue||Brick, NJ 8724|
|Springlake Heights Branch||305 Highway 71||Spring Lake, NJ 7762|
|Bay Head Branch||85 Bridge Avenue||Bay Head, NJ 8742|