Manasquan Bank Celebrates Employee Leadership, Community Impact with Industry Honors

WALL TOWNSHIP, NJ – November 14, 2025 – Manasquan Bank, recently named America’s Best-In-State Bank in New Jersey by Forbes for the third consecutive year, is celebrating a series of accolades recognizing both its commitment to employee development and its ongoing dedication to community enrichment. The bank announced this week that two employees, Megan Murphy and Tracy Woodfield, received the prestigious Rising Star Award from the New Jersey Bankers Association (NJBankers), and highlighted its recent receipt of the NJBankers Community Service Award.

These honors underscore Manasquan Bank’s commitment to fostering a thriving workplace and investing in the communities it serves, a strategy that has proven instrumental in its consistent growth and recognition as a leading financial institution in the region.

Rising Stars: Recognizing Leadership Within

Megan Murphy, Vice President and Commercial Lender, and Tracy Woodfield, Assistant Vice President and Learning & Development Manager, were honored at the NJBankers annual awards dinner earlier this month. Murphy was recognized for her instrumental role in navigating the complexities of the Paycheck Protection Program (PPP) during the COVID-19 pandemic. “Her ability to quickly adapt and streamline the process was invaluable to our clients and the community,” said an anonymous bank representative. Murphy joined Manasquan Bank in 2017 as a Credit Analyst and has rapidly become a key figure in the commercial lending department.

Woodfield, meanwhile, was lauded for her dedication to employee development and her impact on the bank's onboarding process. “Tracy has created a welcoming and effective environment for new employees, ensuring they have the tools and support they need to succeed,” said another anonymous source. Her efforts have contributed to a positive company culture and increased employee retention.

“Investing in our employees is a top priority,” said a spokesperson for Manasquan Bank. “We believe that a strong, motivated workforce is essential to providing exceptional service to our clients and communities.”

A Legacy of Community Giving

Beyond its internal focus on employee development, Manasquan Bank has a long-standing commitment to community enrichment. This dedication was recently recognized with the NJBankers Community Service Award, an honor bestowed upon banks that demonstrate exceptional commitment to social responsibility.

The bank’s philanthropic efforts are primarily channeled through the Manasquan Bank Charitable Foundation, established in 2014. The Foundation provides grants to nonprofit organizations focused on education, social services, health, and recreation. In the past year alone, the Foundation distributed over $392,000 in grants to organizations across Monmouth, Middlesex, and Ocean counties.

“We believe in giving back to the communities we serve,” said a representative from the Manasquan Bank Charitable Foundation. “It’s not just about writing a check; it’s about building partnerships and making a lasting impact.”

The bank’s commitment extends beyond financial contributions. Employees are actively encouraged to volunteer their time through the “CREW Cares” program, allowing them up to 15 hours of paid volunteer time each year. This dedication to hands-on involvement further solidifies the bank’s position as a true community partner.

A Model for Community Banking

Manasquan Bank’s success can be attributed to its unwavering commitment to both its employees and the communities it serves. By investing in its workforce, fostering a strong company culture, and prioritizing community engagement, the bank has created a sustainable model for success.

“We’ve always believed that a strong bank is built on strong relationships,” said a senior bank official. “Whether it’s with our clients, our employees, or our communities, we strive to build lasting partnerships based on trust and mutual respect.”

The bank's recent accolades, including Forbes' recognition as America’s Best-In-State Bank and the NJBankers Community Service Award, are a testament to its unwavering commitment. The consistent recognition validates Manasquan Bank’s position not just as a financial institution, but as a vital community resource.

Looking Ahead

As Manasquan Bank continues to grow and evolve, its commitment to employee development and community engagement remains steadfast. The bank plans to expand its philanthropic efforts, increase employee volunteer opportunities, and continue to invest in programs that support local communities.

“We’re proud of the impact we’ve made, but we know there’s still much work to be done,” said a spokesperson. “We’re committed to building a brighter future for our employees, our communities, and the region as a whole.”

The bank’s leadership believes that its success is inextricably linked to the well-being of the communities it serves, and is dedicated to continuing its legacy of community stewardship for years to come.

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