Spencer News

Tell us a little bit about your professional background. I have 20 years of experience working in the banking and financial planning industry. I’ve worked with both small business and large commercial clients in the areas of business banking, business relationship management, consultative sales, coaching, account management and more. Currently, I serve as the Vice …

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 nurturing strong relationships within the communities that we …

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 all levels who contribute to the success of their companies as well as their community. …

To paraphrase the theme song from “Cheers”, one of the most popular television shows of all time – “You want to be where everybody knows your name.” Throughout 2020 and into 2021, there are few mottos as important to our customers as this. A customer’s banking relationship must have that same rapport as Sam Malone, …

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 share these efforts with representatives of New Jersey’s …

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 bank. “We were delighted to have the opportunity to …

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 season. Contactless shopping was done with items purchased at …

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 members. Thomas J. Duch was elected …

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 Deposit Operations, Project Management, New Product Development and …

Michael H. Claisse, Senior Vice President and Director of Commercial Real Estate Lending at Spencer Savings Bank, recently sat down for an interview on all that Spencer Savings Bank has to offer the Commercial Real Estate market. Tell us a little bit about what Spencer Savings Bank offers the Commercial Real Estate market? Spencer Savings …