Spencer Savings Bank is making the holidays brighter for disadvantaged community members. The bank held a recent toy drive, collecting almost 150 gifts for disadvantaged community members. Gifts were distributed to the New Jersey Community Development Corporation (NJCDC) in Paterson, N.J. and CarePlus in Hackensack, N.J. For weeks, the Spencer team worked on an internal …
Spencer Savings Bank recently made a $7,500 donation to CBH Care, in support of mental health services in its community. The nonprofit organization is a leader in behavioral health care services for New Jersey and Bergen County, offering compassionate and mental health services to thousands in Northern New Jersey. “We are grateful for supportive community …
Are there any steps that Spencer Savings Bank has taken to help its lending customers during this difficult time? When Covid-19 emerged and the New Jersey economy was principally shut down, Spencer Savings Bank remained open as an essential business for our customers and communities. Whether a consumer loan or commercial loan, we recognized that …
When Maureen started her first job around 1950 or so, she didn’t have a 401(k), but she did have a Christmas club. Every paycheck showed a deduction for her Christmas club savings account, an account she emptied each December to buy gifts for her family and friends. She tells the story about her Christmas club …
Spencer Savings Bank is pleased to announce the promotion of Jane E. Allerman-Rey to bank president. With the unanimous support of the Bank’s Board of Directors, Ms. Allerman-Rey, who presently serves as First Executive Vice President and Chief Operating Officer, will be promoted to President, effective January 1, 2021. She assumed the responsibilities of president …
Identity theft continues to be one of the fastest growing crimes in the United States. In 2018, there were 14.4 million victims of identity fraud in the U.S., according to Javelin Strategy and Research. Follow these tips to keep your information – and your money – safe. 1. Don’t share your secrets. Don’t provide your …
Your mobile device provides convenient access to your email, bank and social media accounts. Unfortunately, it can potentially provide the same convenient access for criminals. Follow these tips to keep your information – and your money – safe. 1. Use the passcode lock on your smartphone and other devices. This will make it more difficult …
Every year, millions of consumers fall victim to cybercrime. According to the 2018 Norton Cyber Security Insights Report, 152 million U.S. consumers were victims of cybercrime – more than half of the country’s adult online population – with losses totaling over $11.5 billion. Follow these tips to help keep your information safe online: 1. Keep …
Spencer Savings Bank is pleased to welcome Ryan Peene as Senior Vice President and Director of Market Growth and Development. Peene will be in charge of leading and executing strategic growth strategies for the bank. Peene is an accomplished senior executive with years of experience in commercial and government banking. Most recently, he was the …
Spencer Savings Bank is pleased to welcome Robert Vivo as Senior Vice President and Director of Retail Sales/Service. Vivo will be responsible for leading and overseeing the Retail Financial Center Network, Retail Training and the Customer Service Center. A seasoned senior executive with thirty years of retail banking experience, Vivo has decades of experience in …