Back to Press Release Archives SPENCER SAVINGS BANK DONATES $3,000 TO THE GARFIELD YMCA SCHOLARSHIP FUND ELMWOOD PARK, NJ (October 24, 2007) – Spencer Savings Bank, headquartered in Elmwood Park, recently donated $3,000 to the Garfield YMCA for its Scholarship program. This program awards scholarships to qualified families, which are used to fund child care/after school programs at the YMCA. “Spencer Savings Bank is pleased to help the community in any way that we can,” said Josè B. Guerrero, President, Chairman and CEO of Spencer Savings Bank. “Providing local residents with the opportunity to get affordable child care is very rewarding. Spencer is fortunate to have groups like the Garfield YMCA to partner with, which provide children with a caring and nurturing environment.” About Spencer Savings Bank: Spencer Savings Bank, headquartered in Elmwood Park, NJ, is a community bank serving its local communities with integrity and pride for nearly 70 years. The Bank serves local consumers and businesses by offering a full line of personal and business banking products and services, operating 17 branches throughout northern New Jersey and providing electronic banking convenience via a call center, the Internet, and a network of ATMs. Spencer Savings Bank has more than $1.8 billion in total assets. For more information, visit Spencer’s Web site at www.spencersavings.com or call 800-363-8115.

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