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 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 …
Spencer Savings Bank is pleased to announce it has donated $7,000 to Habitat for Humanity to help build communities and fulfill dreams of home ownership in New Jersey. The donations were made to Paterson Habitat for Humanity as well as Habitat for Humanity in Morris, Bergen, Union and Essex counties. The nonprofit organization helps families …
Outdated finishes, flooring or carpet that has seen better days, a bathroom and kitchen that are original to the home, built decades ago. Does this sound like your home? If you own your home and don’t have the cash to update it, a home equity loan for home improvement may be the solution for you. …
Spencer Savings Bank recently hosted a Hygiene for Humanity drive where almost 100 items were collected for the nonprofit Eva’s Village in Paterson, N.J. To comply with social distancing rules and everyone’s safety, the drive was hosted virtually through an Amazon Wish List. Employees selected items off the list and shipped them directly to Eva’s …
Spencer Savings Bank recently hosted an online school supply drive, collecting and donating about 300 items to Jersey Cares for families in need. The nonprofit works with dozens of schools, children’s shelters and community centers to ensure that children have the basic necessities needed for the start of the school year. Both customers and employees …