Elmwood Park, NJ, October 17, 2019 --(PR.com
)-- 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 hard-working families. The bank made a $6,500 donation to the Paterson, Bergen, Morris, Union and Essex chapters.
“We love this organization’s mission of providing a hand up, and not a hand out, to people in the community looking for ways to fulfill their own homeownership dreams,” said Jose B. Guerrero, Chairman, President and CEO of Spencer Savings Bank. “Habitat is a wonderful organization that gives people an opportunity to own a home where they might not have had otherwise. We’re very proud to be part of the work they do and congratulate all our newest home owners in the community!”
Throughout the 20 year partnership, Spencer has donated almost $75,000 to the organization and also spent many years dedicating employee volunteer time for the build days. The organization also requires homeowners to put in 250 hours of “sweat equity” into building their homes, aside from meeting income qualifications and being able to afford a monthly mortgage payment.
About Spencer Savings Bank:
Spencer Savings Bank, a community bank headquartered in Elmwood Park, N.J., has been serving its local com-munities with integrity and pride for more than 75 years. The bank has over $3 billion in total assets and operates 21 financial centers throughout New Jersey. Spencer specializes in delivering premier banking products and services for consumers and businesses. Visit SpencerSavings.com for more information.
About Habitat For Humanity:
Driven by the vision that everyone needs a decent place to live, Habitat for Humanity began in 1976 as a grassroots effort on a community farm in southern Georgia. The Christian housing organization has since grown to become a leading global nonprofit working in local communities across all 50 states in the U.S. and in more than 70 countries. Families and individuals in need of a hand up partner with Habitat for Humanity to build or improve a place they can call home. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage. Through financial support, volunteering or adding a voice to support affordable housing, everyone can help families achieve the strength, stability and self-reliance they need to build better lives for themselves. Through shelter, we empower. To learn more, visit habitat.org.
For more information, contact:
Anita Guerrero (SSB): 201-703-3800 x8421
VP, Corporate Communications Director