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 drop off the supplies and meet with some of the …
Spencer was excited to recently be honored with the Editor’s Choice Award for Community Commitment by cardrates.com. It’s always nice to be recognized for the work you do! We thank them for the kind words and for acknowledging our strong commitment to helping New Jersey communities thrive! Please click here to view the article.
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 Lending department which specializes in financing business working capital needs, owner-occupied …
Spencer Savings Bank 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 …
Jose B. Guerrero, Chairman, President and CEO of Spencer Savings Bank, was recently honored as the Grand Marshal of the 2019 Garfield Memorial Day Parade. A team of Spencer employees, family and friends came out to celebrate, remember and honor those who served our great nation. “Mr. Guerrero’s contributions to our community in his many …
In celebration of National Small Business Month, we sat down with a Spencer business customer to hear about his story – his start in business and road to success. Mukesh “Mike” Papaiya, a Spencer customer since 2003, is an experienced and successful businessman operating numerous business entities: a tobacco distribution company, seven family owned liquor …
Spencer Savings Bank recently made a $7,500 donation to CBHCare, in support of mental health services in its community. The nonprofit organization, celebrating its 50th Anniversary, is the leader in behavioral health care services for New Jersey and Bergen County, offering compassionate and mental health services to thousands in Northern New Jersey. “There continues to …
Spencer Savings Bank recently made a $30,000 donation to benefit those who suffered through the Marcal Paper Plant fire tragedy. The historic New Jersey paper plant was largely destroyed by a devastating fire on January 30, 2019. A $25,000 donation was made to the Marcal employees affected by the fire and $5,000 was also donated …
March is Women’s History Month and to celebrate, we’re sharing a recent article published in the Financial Managers Society on women in the C-Suite, featuring Spencer’s First Executive Vice President and Chief Operating Officer Jane Rey. Jane, who recently received an award from NJBankers to mark her 25 years of service in the banking industry, …
Spencer Savings Bank is pleased to welcome its newest member to the executive management team, Steven M. Fusco, as Executive Vice President and Chief Financial Officer. Fusco will be responsible for the overall management of Spencer’s Finance Division, including the areas of accounting, treasury, financial reporting as well as financial planning and analysis. He will …