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Manasquan Bank Promotes Four Key Leaders to EVP

May 31, 2024, 07:05 AM

Manasquan Bank announced the elevation of four outstanding individuals to the position of Executive Vice President, marking a significant milestone in their careers and underscoring the Bank's commitment to developing and recognizing talent within its valued colleague base.

Jennie Piperi, a seasoned professional with a proven track record of success, has been promoted to EVP and will continue her role as Director of Marketing and Digital Operations. Joining Manasquan Bank in April 2019 as Senior Vice President, following the merger of Metuchen Savings Bank and Manasquan Bank, Piperi quickly established herself as a driving force within the organization. Armed with a Bachelor of Science degree in Marketing from Kean University and a comprehensive HR Management Certificate from both Union County College and Fairleigh Dickinson University, Piperi's leadership has been pivotal in enhancing the Bank's marketing strategies and fortifying its digital operations. Additionally, Piperi graduated from the ABA Stonier Graduate School of Banking, further enriching her expertise. Her innovative approach and dedication to excellence have earned her widespread respect among colleagues and clients alike.

Jeffery Casten, a stalwart in the banking industry with over 40 years of commercial lending experience, has been promoted to EVP and will continue to serve as Director of Commercial Lending. Casten's journey with Manasquan Bank began in 2006 as Senior Vice President and Commercial Loan Officer. With a bachelor’s degree in business administration from Bucknell University, his extensive background includes tenure with prominent institutions such as New Jersey National Bank, First Fidelity Bank and Wachovia. His leadership and expertise have been instrumental in driving the success of the Commercial Lending Department.

Timothy Dempsey, a finance professional with nearly two decades of lending and credit experience, has been promoted to EVP and retains his role as Chief Credit Officer. Dempsey's journey at Manasquan Bank commenced in 2008 as a Credit Analyst, steadily progressing through various roles to assume the mantle of Chief Credit Officer in 2022. With a bachelor’s degree in business administration from the University of Buffalo and a master’s degree in business administration from Monmouth University, Timothy's academic prowess is complemented by his practical expertise. Dempsey is a graduate of the prestigious Stonier Graduate School of Banking, and his leadership has been instrumental in ensuring the Bank's credit quality remains robust.

Robert Hart, a seasoned mortgage lending professional with four decades of experience, has been promoted to EVP and will continue to serve as Director of Residential Lending. His tenure at Manasquan Bank commenced in 2010 as a Senior Vice President and Director of Residential Lending. With a bachelor’s degree in political science from Seton Hall University, Hart’s extensive career spans tenures with renowned institutions such as City Federal Savings Bank, Ocean First Bank, Sovereign Bank, Freedom Mortgage, and Central Jersey Bank. His leadership and expertise have been instrumental in driving the success of the Residential Lending Department.

James S. Vaccaro, Chair, President and CEO of Manasquan Bank said, "The elevation of Jennie, Jeff, Tim, and Bob to Executive Vice President underscores their exceptional leadership and commitment to excellence," Vaccaro said, "Their collective expertise and unwavering dedication have been instrumental in driving the success of Manasquan Bank, and they, collectively, will continue to play pivotal roles in the development, shaping, and success of our future."







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