As a real estate investor, a vacant property means you’re losing money. But the downtime between tenants can serve a valuable purpose. If you use it to keep your property in top condition, you’ll find new tenants more quickly and therefore keep your vacancy losses to a minimum. Here are seven things that should be …
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 …
Going on vacation is not an inexpensive proposition, so it is important to keep your traveling money safe. It is easy to let your guard down when on vacation, but doing so could open you up to theft, hacking and other crimes. If you want to stay safe and enjoy your favorite destination, just follow …
The famous Moroccan explorer Ibn Battuta once said that traveling leaves you speechless, then turns you into a storyteller. Unfortunately, many people find that traveling not only leaves them speechless but broke. Most of us would love to see more of the world, but the prohibitive cost of flying can quickly dampen even the most …
Greetings Spencer Family, These last few months have been busy ones at Spencer. We kicked off the first quarter giving back to our community in a significant way. Spencer was very proud to be there for the Marcal employees who suffered a terrible tragedy, right in our own backyard. We’re also proud to have done …
Insights & Inspiration by George Celentano, SVP of Retail Banking This month we celebrate Financial Literacy Month and I believe it is so important to teach children about finances. At home, it’s what I’ve done with my own daughter since she was a young child. Today, she is 18 years old, has no debt and …
Spencer Savings Bank recently celebrated Financial Literacy Month with almost 300 students across various schools in New Jersey. Bank employees participated in “Teach Children To Save Day” events and taught fifth and sixth grade students lesson plans on the importance of saving and other money management skills. As part of National Financial Literacy Month, April …
No matter who you are or where you live, chances are the roof over your head is the most expensive thing you own. According to Zillow, the median home value in New Jersey is $326,300. New Jersey home values have gone up 5.0% over the past year. It is no wonder this asset is the …
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 …