Spencer Savings Bank is Hosting a Pet Adoption Day

Spencer Savings Bank will be hosting a Pet Adoption Day on Sunday, October 9th. Four rescue groups will be bringing their pets to their Elmwood Park Financial Center parking lot (680 River Drive) to find their new paw-rents and fur-ever home. The event will take place from 11am to 3pm. There will... - September 16, 2022

Spencer Savings Bank Partners with Habitat for Humanity to Help Fulfill Homeownership Dreams

Spencer Savings Bank recently partnered with Habitat for Humanity of Bergen County to help fulfill local homeownership dreams. The nonprofit helps families build and improve places to call home and provides a “hand up” to community members in need. Spencer employees volunteered their... - September 15, 2022

Spencer Savings Bank Wraps Up “Movies Under The Stars” Series; Hosts Free Outdoor Movie Nights

Spencer Savings Bank recently wrapped up its annual “Movies Under The Stars” series, hosting two free outdoor movie nights for the community in Lodi and Elmwood Park. In June and July, the bank partnered with the Borough of Lodi and the Elmwood Park Recreation Department to host the... - September 11, 2022

Spencer Savings Bank Awards $30,000 in Scholarships to Local Students

Spencer Savings Bank is pleased to announce that it has awarded $30,000 in scholarships to high school and middle school graduating students in Bergen, Passaic, Union, Mercer, Morris, and Essex counties. The bank has awarded almost $600,000 in scholarships to local students since 2002. “We... - July 29, 2022

Spencer Savings Bank Welcomes New Treasurer

Spencer Savings Bank is pleased to welcome Dushyant Abhyankar, as Senior Vice President and Treasurer of the Bank. His key responsibilities will be providing leadership and contributions related to balance sheet management, liquidity and interest rate risk management, pricing strategies as well as... - June 04, 2022

Spencer Savings Bank Honored with "Company Of The Year" Award by Gateway Chamber

Spencer Savings Bank was recently honored with the “Company Of The Year” award, by the Gateway Regional Chamber of Commerce, at its 110th annual awards dinner at the Marriott Hotel in Newark, NJ. The bank was honored for its support given to the business community facing economic... - May 08, 2022

Spencer Savings Bank Welcomes New Financial Center Manager in Garfield

Spencer Savings Bank is pleased to welcome Monica Vanegas, a long-time Bergen County resident, as the new Spencer Financial Center Manager of the Spencer Savings Bank Garfield location, located at 34 Outwater Lane. She will be responsible for the center’s management and business... - May 04, 2022

Spencer Savings Bank Donates $100,000 and Hosts Supply Drive to Support Humanitarian Relief Efforts in Ukraine

Spencer Savings Bank, a leading New Jersey-based community bank, is donating $100,000 to support humanitarian relief efforts in Ukraine. In addition to this, the bank also held a successful supply drive to support Ukrainian refugees, collecting more than 10 vehicles loaded with hygiene items and... - April 17, 2022

Spencer Savings Bank Donates $75,000 to the American Red Cross to Support Communities Across U.S. in Wake of Recent Tornado Devastation

Spencer Savings Bank, a leading New Jersey-based community bank, is donating $75,000 to the American Red Cross to support communities across U.S. in wake of recent tornado devastation. Last month, dozens of tornadoes ripped across multiple states (Arkansas, Illinois, Indiana, Kentucky, Missouri and... - January 21, 2022

Spencer Savings Bank Donates $10,000 to Support New Jersey STEM Scholars

Spencer Savings Bank, a leading New Jersey-based community bank, is donating $10,000 to the Research and Development Council of New Jersey to support the Governor’s STEM Scholars (www.govstemscholars.com), a program founded and established by the organization to support the state’s... - December 22, 2021

Spencer Savings Bank Closes on Merger with Mariner’s Bank

Spencer Savings Bank, SLA today announced the closing of its merger with Edgewater-based Mariner’s Bank in an all-cash transaction. - November 20, 2021

Spencer Savings Bank Announces Promotion of Kadean Bruce-Miller to Vice President, Commercial & Industrial Relationship Manager

Spencer Savings Bank, a leading New Jersey-based community bank, is pleased to announce the promotion of Kadean Bruce-Miller to the position of Vice President, Commercial & Industrial Relationship Manager. Bruce-Miller is responsible for managing a sizeable and diverse C&I Portfolio within... - October 23, 2021

Spencer Savings Bank Donates $75,000 to the American Red Cross NJ for Hurricane Ida Relief Efforts

Spencer Savings Bank, a leading New Jersey-based community bank, is donating $75,000 to the American Red Cross NJ to support Hurricane Ida relief efforts. “Hurricane Ida had a devastating impact in many communities across New Jersey,” said Jose B. Guerrero, Spencer’s Chairman and... - October 09, 2021

Spencer Savings Bank Supports Higher Education with Donation to Passaic County Community College (PCCC)

Spencer Savings Bank recently made a donation of $7,500 to Passaic County Community College (PCCC) to help provide financial support to low-income, minority students seeking higher education. The donation will be used to provide low-income students, enrolled in the Student Support Services (SSS)... - September 25, 2021

Spencer Savings Bank Honored with Financial Managers Society (FMS) Community Engagement Award

Spencer Savings Bank was recently honored with the Financial Managers Society (FMS) Community Engagement Award. The FMS Community Engagement Award has been established by the organization to recognize institutions that have answered the call of duty amidst a global pandemic and provided service and... - August 14, 2021

Spencer Savings Bank Distributes $50,000 in FHLBNY Grants to Small Businesses and Non-Profits

Spencer Savings Bank is proud to announce that it has distributed an additional $50,000 in grant funding, provided by the Federal Home Loan Bank of New York’s Small Business Recovery Grant Program, to small businesses and nonprofit organizations. The program supports the financial security... - August 07, 2021

Spencer Savings Bank Awards Almost $25,000 in Scholarships to Local Students

Spencer Savings Bank has awarded almost $25,000 in scholarships to high school and middle school students from 32 local schools in Bergen, Passaic, Union, Mercer, Morris and Essex counties. To date almost $500,000 has been awarded since the program first started in 2002. “As a community... - July 17, 2021

Spencer Savings Bank President Jane Allerman-Rey Appointed to NJBankers Board of Directors

Spencer Savings Bank, a leading New Jersey-based community bank, is pleased to announce that President and COO Jane Allerman-Rey has been appointed a member of the New Jersey Bankers Association (NJBankers) Board of Directors. She has been elected for a two-year term. “It is an honor to be a... - June 19, 2021

Spencer Savings Bank Helps Feed Needy Community Members with Eva’s Village Donation

Spencer Savings Bank recently made a $2,500 donation to Eva’s Village to help feed community members. The organization’s Community Kitchen is serving to-go breakfast and lunch to over 400 individuals daily. This is in addition to serving 3 prepared meals a day to those residing in their... - May 15, 2021

Spencer Savings Bank Inks $22 Million Loan Deal for Global Manufacturing Company

Spencer Savings Bank recently closed on a $22 million loan for a global manufacturing company headquartered in New York City. The deal is the bank’s largest single transaction in history, signaling a continued appetite for growth and the desire for borrowers to work with a community... - April 24, 2021

Spencer Savings Bank Appoints George Celentano to Executive Vice President, Chief Retail Banking Officer

Spencer Savings Bank is pleased to announce the promotion of George Celentano to the position of Executive Vice President, Chief Retail Officer. Celentano will be responsible for the performance of the bank's Retail business across all products and channels and for leading the team in building and... - April 10, 2021

Spencer Savings Bank CFO Steve Fusco Named Leader in Finance by NJBIZ

Spencer Savings Bank recently announced that Executive Vice President and CFO Steve Fusco has been named a “Leader In Finance” by NJBIZ, New Jersey’s leading statewide business newspaper. The Leaders in Finance awards program celebrates New Jersey’s financial executives at... - April 03, 2021

Spencer Savings Bank Receives NJBankers’ 2019 Community Service Award

Spencer Savings Bank is pleased to announce that it was recently awarded with the NJ Bankers’ 2019 Community Service Award for its community service work. The Community Service Award Project, sponsored by NJBankers, is an annual program held to both celebrate the community work of members and... - March 18, 2021

Spencer Savings Bank Hosts “Warm Up This Winter” Drive for Bridges Outreach Nonprofit

Spencer Savings Bank recently hosted a “Warm Up This Winter” drive in support of Bridges Outreach, a non-profit organization headquartered in Union County. The bank and employees donated hundreds of new socks, gloves, hats and scarves to help keep their clients nice and warm this winter... - February 26, 2021

Spencer Savings Bank Announces Results of 2021 Annual Meeting, Welcomes New Board Members

Spencer Savings Bank, a leading New Jersey-based community bank, announced that its 2021 Annual Meeting was held on Thursday, January 21, 2021. At the meeting, Peter J. Hayes was re-elected to the bank’s Board of Directors, for a term of three years. The bank also welcomed two new board... - February 07, 2021

Spencer Savings Bank Appoints Kinga Mikos to Vice President, Director of Retail Administration

Spencer Savings Bank is pleased to announce the promotion of Kinga Mikos to the position of Vice President and Director of Retail Administration. Mikos will be responsible for leading and managing the Deposit Operations and Retail Service departments at the bank. Mikos brings over two decades of... - January 29, 2021

Spencer Savings Bank Supports Mental Health Initiatives, Donates $7,500 to CBH Care

Spencer Savings Bank recently made a $7,500 donation to CBH Care, in support of mental health services in its community. The nonprofit organization is a leader in behavioral health care services for New Jersey and Bergen County, offering compassionate and mental health services to thousands in... - December 19, 2020

Spencer Savings Bank Welcomes Ryan Peene as Senior Vice President and Director of Market Growth and Development

Spencer Savings Bank is pleased to welcome Ryan Peene as Senior Vice President and Director of Market Growth and Development. Peene will be in charge of leading and executing strategic growth strategies for the bank. Peene is an accomplished senior executive with years of experience in commercial... - October 17, 2020

Spencer Savings Bank Distributes $400,000 to Community for Pandemic Relief, Helps Save Businesses with Over $15M in PPP Commitment

Spencer Savings Bank recently distributed $400,000 to a variety of community members affected by the pandemic. A donation of $200,000 was made to local hospitals and nonprofits. Spencer was also able to provide, in conjunction with the Federal Home Loan Bank of NY, an additional $200,000 in grants... - October 15, 2020

Spencer Savings Bank Donates $7,000 to Habitat for Humanity to Help Build Communities and Fulfill Dreams of Home Ownership

Spencer Savings Bank is pleased to announce it has donated $7,000 to Habitat for Humanity to help build communities and fulfill dreams of home ownership in New Jersey. The donations were made to Paterson Habitat for Humanity as well as Habitat for Humanity in Morris, Bergen, Union and Essex... - September 28, 2020

Spencer Savings Bank Welcomes Robert Vivo as Senior Vice President and Director of Retail Sales/Service

Spencer Savings Bank is pleased to welcome Robert Vivo as Senior Vice President and Director of Retail Sales/Service. Vivo will be responsible for leading and overseeing the Retail Financial Center Network, Retail Training and the Customer Service Center. A seasoned senior executive with thirty... - September 27, 2020

Spencer Savings Bank Hosts Hygiene For Humanity Drive for Needy Community Members

Spencer Savings Bank recently hosted a Hygiene for Humanity drive where almost 100 items were collected for the nonprofit Eva’s Village in Paterson, N.J. To comply with social distancing rules and everyone’s safety, the drive was hosted virtually through an Amazon Wish List. Employees... - September 17, 2020

Spencer Savings Bank Awards Almost $25,000 in Scholarships to Local Students

Spencer Savings Bank was pleased to continue its scholarship program this year and award almost $25,000 in scholarships to both high school and middle school students throughout New Jersey. The scholarships will help families in New Jersey pay for their child’s education. Students were... - August 12, 2020

Spencer Savings Bank Sponsors Socially Distant Drive-in Movies This Summer

Spencer Savings Bank kicked off the start of summer by sponsoring two drive-in movie nights for local community members. Social distancing guidelines were followed with vehicles being spaced accordingly and guests encouraged to wear masks. It was a nostalgic approach to continuing Spencer’s... - July 15, 2020

Spencer Savings Bank is Pleased to Announce the Promotion of Anthony Niciejewski to Vice President, Market Manager

Spencer Savings Bank is pleased to announce the promotion of Anthony Niciejewski to the position of Vice President, Market Manager. In his new role, Niciejewski will lead the overall success of the bank’s Essex and Morris county teams - specifically in the Lyndhurst, Nutley, North Caldwell... - June 21, 2020

Spencer Savings Bank Donates $100,000 to NJ Hospitals Battling The Coronavirus Pandemic

Spencer Savings Bank recently made a $100,000 donation to support NJ hospitals battling the coronavirus pandemic. A donation of $50,000 was made to Hackensack University Medical Center in Bergen County and Trinitas Regional Medical Center in Union County. “We are so grateful to Spencer... - May 06, 2020

Spencer Savings Bank Helps Eva’s Village Coach Its Job Seeking Community with Mock Job Fair Participation

Spencer Savings Bank, a leading New Jersey-based community bank, recently spent the morning in Paterson helping Eva’s Village coach its job seeking community with participation in a mock job fair. Employees, posing as hiring managers, interviewed clients and provided feedback on both... - March 12, 2020

Spencer Savings Bank Announces Relocation of Financial Center in Union, N.J.

Spencer Savings Bank, a leading New Jersey-based community bank, is pleased to announce that it will be relocating its Union Financial Center at 1331 Magie Avenue to 1350 Galloping Hill Road (in the Galloping Hill Center). The new location, approximately one mile away from the current one, is a... - March 11, 2020

Spencer Savings Bank’s Carmen Rivera, Vice President and Market Manager, Honored by Groundwork Elizabeth with "Outstanding Conservation Partner" Award

Spencer Savings Bank, a leading New Jersey-based community bank, is excited to announce that Carmen Rivera, Vice President and Market Manager, was recently honored with the “Outstanding Conservation Partner Award” by Groundwork Elizabeth. The presentation took place on February 19 at... - February 28, 2020

Spencer Savings Bank Invites Public to Have "Coffee With A Cop"

Spencer Savings Bank, a leading New Jersey-based community bank, would like to invite local residents and businesses to join them for "Coffee With A Cop." The free event will take place from 10am – 1 pm on Monday, February 24 at the Spencer Financial Center in Garfield, located on... - February 22, 2020

Spencer Savings Bank Welcomes Rich Vaill as Vice President and Business Development Officer Team Leader, Grows Retail Banking Business Team

Spencer Savings Bank, a leading New Jersey-based community bank, recently announced the expansion of its Retail Banking Business team with the addition of a new business development team leader. The bank recently hired Vice President Richard Vaill as Business Development Officer Team Leader. With... - February 15, 2020

Spencer Savings Bank Announces the Re-Election of Two Board Members at Annual Meeting

Spencer Savings Bank, a leading New Jersey-based community bank, has announced the re-election of Nicholas Lorusso and Barry Minkin to the bank’s Board of Directors, for a term of three years. The election was announced at its Annual Meeting, held at the Royal Manor in Garfield, on January 23... - January 31, 2020

Spencer Savings Bank Welcomes Sid Vaidya as C&I Relationship Manager and Vice President, Grows Commercial & Industrial Lending Team

Spencer Savings Bank, a leading New Jersey-based community bank, recently announced the expansion of its Commercial and Industrial Lending team with the addition of a new lending expert. The bank recently hired Vice President Sid Vaidya, as C&I Relationship Manager, to meet the growing demands... - January 13, 2020

That’s a Wrap on “Movies Under the Stars” – Spencer Savings Bank Sponsors Fun, Free Family Movie Nights

That’s a wrap on Spencer’s “Movies Under The Stars” summer series. Spencer Savings Bank celebrated summer by partnering with various community organizations to host fun, free movie nights for families in local communities. The bank sponsored the events, which in total drew... - October 19, 2019

Spencer Savings Bank Partners with Habitat for Humanity to Provide “Hand Up” to Community Members Looking to Achieve Home Ownership Dreams, Donates $6,500

Spencer Savings Bank recently partnered with Habitat for Humanity to help provide a “Hand Up” to community members looking to achieve their home ownership dreams. The organization is dedicated to improving the lives and communities by providing decent and affordable homes for... - October 17, 2019

Spencer Savings Bank Welcomes New Business Development Officers, Grows Retail Business Development Team 

Spencer Savings Bank, a community bank headquartered in northern N.J., recently announced the expansion of its Retail Bank’s Business Development group. The bank recently hired two new business development officers, Daniel Murphy and Anthony Axtmann, to meet the growing demands of the... - October 15, 2019

Spencer Savings Bank Helps Bring Hope to Veterans - Donates $10,000 to Community Hope

Strong communities are built upon strong foundations. To build those strong foundations, Spencer Savings Bank continues to help bring hope to veterans with a recent $10,000 donation to Community Hope, the leading non-profit in New Jersey serving veterans and at-risk veteran families. - September 19, 2019

Spencer Savings Bank Helps Needy Children Get School Supplies – Donates to Center For Food Action in Saddle Brook

Spencer Savings Bank recently hosted a school supply drive to support the Center For Food Action in Saddle Brook. For almost a month, the bank collected school supplies for local children, including binders, pencils, notebooks, backpacks and more. Spencer employees recently visited the center to... - August 14, 2019

Spencer Savings Bank Welcomes New Senior Vice President and Director of Commercial and Industrial Lending

Spencer Savings Bank is pleased to welcome its newest member to the leadership team, Juan H. Oelofse, as Senior Vice President and Director of Commercial and Industrial Lending. Oelofse will be responsible for managing and directing the activities of the bank’s Commercial & Industrial... - July 15, 2019

Spencer Savings Bank Awards $25,000 in Scholarships to Local Students

An advocate for education, Spencer Savings Bank takes their work beyond financial services and invests in students who wish to further their education. They recently awarded $25,000 in scholarships to high school and middle school students from 33 local schools in Bergen, Passaic, Union, Mercer, Morris and Essex counties. The awards were distributed at the bank’s annual scholarship ceremony on June 26, 2019. To date over $400,000 has been awarded, since the program first started in 2002. - July 05, 2019

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