Manasquan Savings Bank

Manasquan Savings Bank Locations
2221 Landmark Place
Wall Township, NJ 08736
732-292-8400
www.manasquanbank.com
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.



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See Rates for: Savings | Money Market | CD | IRA

Manasquan Savings Bank Savings Account Rates

ApyMinMaxProduct
0.35%$25-Statement Savings
0.35%$25-Passbook Savings

Manasquan Savings Bank Money Market Rates

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0.50%$100k-Money Market Passbook Account
0.50%$100k-Money Market Statement Account

Manasquan Savings Bank CD Rates

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1.95%$500-7 Year CD
1.85%$500-5 Year CD
1.35%$500-3 Year CD
1.15%$500-2 Year CD
0.84%$500-18 Month CD
0.70%$500-1 Year CD
0.50%$500-6 Month CD
0.45%$500-91 Day CD
0.35%$500-30 Day CD

Manasquan Savings Bank IRA Rates

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1.95%$500-7 Year IRA
1.95%$500-7 Year Roth IRA
1.95%$500-7 Year CESA
1.85%$500-5 Year IRA
1.85%$500-5 Year Roth IRA
1.85%$500-5 Year CESA
1.35%$500-3 Year IRA
1.35%$500-3 Year Roth IRA
1.35%$500-3 Year CESA
1.15%$500-2 Year IRA
1.15%$500-2 Year Roth IRA
1.15%$500-2 Year CESA
1.00%$25-18 Month IRA
1.00%$25-18 Month Roth IRA
1.00%$25-18 Month CESA
0.70%$500-1 Year IRA
0.70%$500-1 Year Roth IRA
0.70%$500-1 Year CESA
0.50%$500-6 Month IRA
0.50%$500-6 Month Roth IRA
0.50%$500-6 Month CESA
0.45%$500-91 Day IRA
0.45%$500-91 Day Roth IRA
0.45%$500-91 Day CESA
0.35%$500-30 Day IRA
0.35%$500-30 Day Roth IRA
0.35%$500-30 Day CESA

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


Manasquan Savings Bank
FDIC Certificate #30470
BankRate ReportView
Year Established1874
Employees101
Primary RegulatorFDIC

Assets and Liabilities

Assets$830.14 million
Loans$491.63 million
Deposits$728.86 million
Equity Capital$76.51 million
Loan Loss Allowance$5.11 million
Unbacked Noncurrent Loans$8.93 million
Real Estate Owned$304,000

Historic Data - September 2010

Assets$785.89 million
Equity Capital$72.46 million
Loan Loss Allowance$4.57 million
Unbacked Noncurrent Loans$4.04 million

Profit Margin - Quarterly

Net Interest Margin2.57%
Return on Assets0.45%
Return on Equity4.93%
Interest Income$22.32 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
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 September 30, 2011 Manasquan Savings Bank had $9.23 million in non-current loans and owned real-estate with $81.62 million in equity and loan loss allowances on hand to cover it. This gives Manasquan Savings Bank a Texas Ratio of 11.31% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for Manasquan Savings Bank increased slightly from 5.24% as of September 30, 2010 to 11.31% as of September 30, 2011, resulting in a negative change of 115.92%. This indicates that the balance sheet and financial strength for Manasquan Savings Bank has declined slightly in recent periods.
Deposit Growth5
In the past year, Manasquan Savings Bank has increased its total deposits by $48.11 million, resulting in 7.07% 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 excellent.
Capitalization3
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 $830.14 million in assets with $81.62 million in equity, resulting in a capitalization level of 9.83%, which is average.
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