Wall Township-based Manasquan Bank said it elevated four of its employees 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, Jeffery Casten, Timothy Dempsey and Robert Hart have all been promoted within the financial institution.
“The elevation of Jennie, Jeff, Tim and Bob to executive vice president underscores their exceptional leadership and commitment to excellence,” James Vaccaro, chair, CEO and president of Manasquan Bank, 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.”
- Jennie Piperi has been promoted to executive vice president and will continue her role as director of marketing and digital operations. Piperi joined 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. Piperi’s leadership has been pivotal in enhancing the bank’s marketing strategies and fortifying its digital operations.
- Jeffery Casten, a stalwart in the banking industry with over 40 years of commercial lending experience, has been promoted to executive vice president 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. Casten’s 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 executive vice president 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. Dempsey’s academic prowess is complemented by his practical expertise. Timothy 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 mortgage lending professional with four decades of experience, has been promoted to executive vice president and will continue to serve as director of residential lending. Heart’s tenure at Manasquan Bank commenced in 2010 as a senior vice president and director of residential lending. 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.
