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NOTICE TO MEMBERS OF SPENCER SAVINGS BANK, SLA

CANCELLATION OF THE SPECIAL MEETING OF MEMBERS, SCHEDULED FOR APRIL 23, 2019, FOR CONSIDERATION OF THE PLAN OF CONVERSION OF SPENCER SAVINGS BANK, SLA FROM A NEW JERSEY CHARTERED MUTUAL SAVINGS ASSOCIATION TO A NEW JERSEY CHARTERED MUTUAL SAVINGS BANK

On April 5, 2019, an Order in Aid of Litigant’s Rights (the “Order”) was issued by the Superior Court of New Jersey, Chancery Division, Passaic County (the “Court”), in the matter or Lawrence B. Sideman and Arthur Wein v. Spencer Savings Bank, SLA, et al. The Order requires Spencer Savings Bank, SLA (the “Bank”) to provide notice to all of its members that the Court has granted a temporary injunction and, as such, there will be no vote and the Special Meeting shall not take place. Accordingly, members are hereby notified that the Bank’s Special Meeting of Members, scheduled for April 23, 2019, will not be held and no member vote will take place. In accordance with its bylaws, the Bank will notify members of the time, place and record date of any rescheduled meeting of members.

Current News
& Announcements See More

CBH Care

Spencer Savings Bank Donates $7,500 To CBHCare In Support Of Mental Health

April 18, 2019 Spencer Savings Bank recently made a $7,500 donation to CBHCare, in support of mental health services in its community... Read more
Marcal Donation SSB

Spencer Donates $30,000 Towards Historic NJ Paper Plant Destruction, Assists Employees And Honors First Responders

April 8, 2019 Spencer Savings Bank recently made a $30,000 donation to benefit those who suffered through the Marcal Paper Plant fire... Read more
Snow Bowl 2019

Spencer Raises Over $18,500 with 8th Year New York Football Giants Snow Bowl Participation

March 27, 2019 Spencer Savings Bank has raised $18,633 for Special Olympics New Jersey, with its 8th year participation in the New... Read more