NJBankers Honored Vaccaro and Manasquan Bank

The New Jersey Bankers Association presented industry awards to Jim Vaccaro and Manasquan Bank for their community impact.

Updated on Oct. 14, 2026 in Philanthropy

NJBankers Honored Vaccaro and Manasquan Bank

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The New Jersey Bankers Association has presented the 2026 Warren Hill Award to Jim Vaccaro and the 2026 Community Service Award to Manasquan Bank. These honors recognize significant contributions to the association's mission and ongoing dedication to local enrichment.

Why it matters

The awards highlight the intersection of banking leadership and civic responsibility, showcasing how financial institutions can drive community development. These honors underscore the importance of advocacy, volunteerism, and charitable outreach within the banking sector.

Manasquan Bank manages consolidated assets exceeding $3.7 billion across 15 branch locations in New Jersey. Over the past year, the institution provided $521,344 in charitable grants and recorded almost 700 hours of employee volunteer work.

The players

Jim Vaccaro

He serves as the Chair, President, and CEO of Manasquan Bank and previously led the New Jersey Bankers Association board.

Manasquan Bank

Headquartered in Wall Township, this financial institution operates 15 branches throughout New Jersey.

New Jersey Bankers Association

This professional organization represents the state banking industry and manages annual industry recognition programs.

Warren Hill

He was a former president of the banking league who served from 1966 to 1975.

The details

Jim Vaccaro, who serves as Chair, President, and CEO of Manasquan Bank, was recognized for his past service as Board Chair for the association. The bank itself earned accolades for the CREW Cares program, which supported food banks, mentorship, and financial literacy workshops.

Timeline

  1. 1966-1975: Warren Hill served as president of the league.

  2. 1998: The Warren Hill Award was established.

  3. 2017-2018: Jim Vaccaro served as NJBankers Board Chair.

  4. 2026: Vaccaro and Manasquan Bank received awards.

  5. Oct. 14, 2026: Announcement of the award recipients.

Market Landscape

These awards follow the pattern set by the Community Reinvestment Act by formally validating the social contributions of regional banking institutions. This recognition highlights the ongoing competitive focus on social responsibility as a metric for institutional success in the state.

For local customers, this recognition validates the bank's commitment to community programs like financial education workshops. Residents in the 15 branch areas may see continued support for local nonprofits and community-focused services funded by the bank's charitable foundation.

The takeaway

Recognizing banking leaders for their social impact helps establish industry benchmarks for community engagement. Consumers can evaluate their own banking choices by considering which local institutions prioritize active charitable participation in their specific region.

Further reading

Learn more about local corporate giving initiatives on the Philanthropy section page.

Source note: This article includes information reported by The Manila times.

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