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March is Women’s History Month and to celebrate, we’re sharing a recent article published in the Financial Managers Society on women in the C-Suite, featuring Spencer’s First Executive Vice President and Chief Operating Officer Jane Rey. Jane, who recently received an award from NJBankers to mark her 25 years of service in the banking industry, …
Spring is officially here and with that comes the start of the home buying season! Buying a new home is an exciting experience, but it can be a nightmare if you make common first-time buyer mistakes. Not being informed on how a home purchase is conducted can lead to costly mistakes. The first error, many …
Spencer Savings Bank is pleased to welcome its newest member to the executive management team, Steven M. Fusco, as Executive Vice President and Chief Financial Officer. Fusco will be responsible for the overall management of Spencer’s Finance Division, including the areas of accounting, treasury, financial reporting as well as financial planning and analysis. He will …
Spencer Savings Bank, a community bank headquartered in Elmwood Park, N.J., recently partnered up with Eva’s Village to empower, mentor and prepare Eva’s Village clients for job success. The Paterson-based nonprofit works to break the cycle of poverty and addiction through a unique and integrated approach. The volunteer-driven Workforce Development Program equips clients at Eva’s …
There are so many things college students need to learn and one of the most important topics, actually used every day, is financial management. A big part of our adult lives revolves around finances and with that comes learning to handle credit responsibly. So much of our life is affected by credit. While some parents …
With tax season in full swing, there has never been a better time to get a head start on your finances. If you are one of the lucky taxpayers who will be getting a refund this year, you have two choices – you could waste the money on a one-time purchase, or you could put …
America is currently facing the longest government shutdown in U.S. history and it is definitely highlighting the importance of emergency funds. As Americans across the nation watch the news coverage on television and hear the dire stories of federal workers struggling, one thing is clear – many federal employees do not have enough money saved …
Spencer Savings Bank, a community bank headquartered in Elmwood Park, N.J., has re-elected Jose B. Guerrero to the bank’s Board of Directors, for a term of three years. The election was announced at its Annual Meeting, held at the Royal Manor in Garfield, on January 24, 2019. Jose B. Guerrero has been with Spencer Savings …
We’re off to the start of a brand new year! Make 2019 the year you finally get all your finances in order. Setting some time aside to plan how to increase your credit score will help greatly, especially if you are planning a major purchase of a car or a home this year. If you’re …
Spencer Savings Bank held its annual toy drive in December, bringing joy to hundreds of children in the local community. Employees from the bank, some dressing up as Santa and Mrs. Claus, visited local nonprofits to pass out toys to the excited children and hear all about their holiday wishes! “There is nothing better to …