Spencer News

Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to welcome Jesse Oliver as Vice President, Small Business Relationship Manager. He assumes the role within the Bank’s Small Business Finance division, which was recently launched this past year and is experiencing great success. The division implemented new small business lending products while …

Spencer Savings Bank is pleased to announce that it has awarded $37,500 in scholarships to local high school graduates. The scholarships are bestowed yearly to exceptional students in New Jersey. The students each received a $1,500 scholarship for college tuition assistance. Since the commencement of the bank’s scholarship program in 2002, over $600,000 in scholarships …

Congratulations to our entire team on recently receiving an “Outstanding” CRA rating from the Federal Deposit Insurance Corporation (FDIC)! The Community Reinvestment Act (CRA) encourages banks to help meet the credit needs of the communities they serve, including low and moderate income (LMI) neighborhoods. An “Outstanding” rating signifies the bank has an outstanding record of …

Spencer Savings Bank is pleased to announce the promotion of Mercedes Pedrick to Senior Vice President and Director of Home Finance. Mercedes has assumed leadership of the newly formed Home Finance group, which provides financing on all 1-4 family properties. “We are pleased to announce the promotion of Mercedes M. Pedrick to Senior Vice President …

Spencer Savings Bank is pleased to announce the promotion of Angelica Kline to Vice President, Customer Service Manager. Kline is responsible for leading the customer service center team in delivering outstanding customer service and support to all bank customers, as well as the daily operations and management of the center. “Angelica Kline is a consummate …

Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to welcome Rima Samman as the new Financial Center Manager of the Spencer Savings Bank Ewing location. The financial center is located at TCNJ (The College of New Jersey) campus – 200 Campus Town Circle. Rima is responsible for leading and managing customer …

Spencer Savings Bank is pleased to welcome Michael Fuoco as Senior Vice President and Director of Retail Sales/Service. Fuoco will be responsible for leading and overseeing the Retail Financial Center Network, Customer Service Center, Small Business Lending and Retail Sales Administration. Fuoco has held a variety of senior leadership roles at one of the country’s …

Spencer Savings Bank is pleased to welcome Jose Torres as the new Financial Center Manager of its Clifton location (908 Van Houten Avenue). He is responsible for leading and managing customer relationship development, local community engagement and the day-to-day operations of the center. “Jose has been a strong addition to our Spencer team, and we …

Spencer Savings Bank recently announced the appointment of Michael Fasano to its board of directors. Fasano joins Spencer Savings Bank, one of New Jersey’s strongest community banks, to support the bank in providing consumers, business owners and community organizations the best that community banking has to offer. Fasano has over two decades of commercial real …

Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to announce Fernando Garip has joined the team as new Vice President, Commercial and Industrial Lending Relationship Manager. Garip is an experienced banking and real estate professional with almost a decade of experience that includes working at a commercial real estate firm as …