Spencer Continues to Lead as One of New Jersey’s Top Community Banks in 2024
Spencer remains one of New Jersey’s strongest community banks, known for its continued growth, resilience and long-term stability. We take great pride in our ability to consistently serve both personal and business customers with excellence, providing top-tier banking products and services paired with outstanding customer care.
In 2024, we celebrated significant milestones. We relocated our North Caldwell Financial Center to West Caldwell, providing a larger and more convenient space for our clients right in the center of town. Furthermore, we opened our new Edison Financial Center, marking our 27th location and expanding our presence into Middlesex County. These new locations enhance our ability to serve a broader customer base across New Jersey.
We also launched a new Small Business Finance Division to provide more tailored solutions for small businesses and commercial clients, further reinforcing our commitment to supporting this vital sector. Additionally, we enhanced our eStatement services and expanded our line of cash management services to better serve our clients’ needs.
As part of our ongoing efforts to give back, Spencer made several major donations in 2024 including support for the Governor’s STEM Scholars Program, student scholarships and various other educational endeavors. We also contributed to providing healthcare for the uninsured, supporting professional development for LGBTQ+ business owners and helping local nonprofits. These contributions demonstrate our continued dedication to fostering education, innovation and resilience in the communities we serve.
Community service remains at the heart of our mission. Our team has dedicated countless hours to volunteering on nonprofit committees, boards and at local events. We hosted our annual Pet Adoption Day, collected gift cards and donations for local nonprofits, and organized a free “Movies Under the Stars” series for the community. Additionally, we have held financial literacy classes in local classrooms, participated in breast cancer awareness walks, served meals to the homeless at Eva’s Village and organized our annual holiday toy drive. These efforts reflect our unwavering commitment to making a positive impact in our neighborhoods.
We take great pride in the support we provide our community and are honored to have received the Community Partner Award from the Union County Fatherhood Initiative Coalition, recognizing our support for community-driven initiatives.
As always, we invite you to stay connected with us. Sign up for our customer newsletter on our website and follow us on social media to stay up to date with the latest news and updates. Thank you for your continued support. With Spencer, you have a community partner you can always count on.
Sincerely,
Jose B. Guerrero
Chairman and CEO