Managing cash flow, bill payments, invoicing, and disbursements for your small business during COVID-19 can be made easier with the right cash management and online banking tools. Cash management can be complicated and difficult for a small business, especially during times of crisis. As consumers and businesses face challenges, the need for flexibility is as …
One of the most compelling aspects of the Paycheck Protection Program (PPP), enacted as part of the 2020 CARES (Coronavirus Aid, Relief, and Economic Security) Act, is the potential forgiveness of all or part of the loans designed to maintain small business employment during the height of the pandemic. Payment Protection Plan loans to small …
Due to the pandemic, many Americans are cancelling their vacations this summer and choosing to stay home instead. The loss of your traditional summer vacation may seem like a big deal, but with the right attitude you can learn to make the most of it. You do not have to go far to enjoy your …
Emulating the most successful among us is a smart move in any area of life. In the realm of finances, that means imitating those who enjoy financial security and freedom. As it happens certain habits and approaches to life are very common among well-off people. There is so much we can learn from others who …
Spencer Savings Bank kicked off the start of summer by sponsoring two drive-in movie nights for local community members. Social distancing guidelines were followed with vehicles being spaced accordingly and guests encouraged to wear masks. It was a nostalgic approach to continuing Spencer’s famous movie night series, with an emphasis on safety. The smaller crowd …
Spencer Savings Bank is pleased to announce the promotion of Anthony Niciejewski to the position of Vice President, Market Manager. In his new role, Niciejewski will lead the overall success of the bank’s Essex and Morris county teams – specifically in the Lyndhurst, Nutley, North Caldwell and Parsippany locations. He will continue to develop these …
He was built like an Offensive Lineman, stood 6’4” and was a recipient of the Silver Star for heroism in Vietnam. This was one tough Marine. After two overseas deployments and almost four years with 2nd Marine Division as a Platoon Commander, I was leaving Active Duty in less than 12 months. I received a set …
The COVID-19 pandemic has forced millions of Americans to work from home. For some, it may be unchartered waters. Fortunately, there are simple changes you can make to help you work efficiently, and possibly be more productive than ever, if you’re self-isolating in your home office. Whether you are a seasoned remote worker or doing …
Spencer Savings Bank recently made a $100,000 donation to support NJ hospitals battling the coronavirus pandemic. A donation of $50,000 was made to Hackensack University Medical Center in Bergen County and Trinitas Regional Medical Center in Union County. “We are so grateful to Spencer Savings Bank for their generous donation of $50,000 to Hackensack University …
During a pandemic, your local community needs your help more than ever. If your workplace has shut down and you are now stuck at home every day, you can use your excess time to give back to your community. Whether you want to volunteer directly or provide money to an essential nonprofit association, there are …