How To Use A Home Equity Loan For Home ImprovementMay 2, 2018

Home Equity Loan House and Calculator

Outdated finishes, flooring or carpet that has seen better days, a bathroom and kitchen that are original to the home, built decades ago.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 your home, a home equity loan for home improvement may be the solution for …

Person vs Business: What’s the Best Way to Invest in Real Estate?April 2, 2018

Investment Real Estate Banner

Investing in real estate can be a great way to diversify your financial investments and maximize your earnings. Real estate is an asset that typically increases in value – especially in New Jersey, the most densely populated state in the U.S., New York City and the surrounding area. When purchasing an investment property, there are …

Know the Different Types of Commercial LoansMarch 15, 2018

Spencer Savings Bank - Types of Commercial Loans

Commercial investments require thought, planning and most importantly: capital. If you’re looking to make a big commercial investment, you need to consider how you’re going to fund it. Do you need to borrow to cover your expenditure? If that’s the case, commercial loans are available to help you give you the capital you need to …

Quick Tips to Recover from Holiday DebtFebruary 14, 2018

Holiday Debt Pig

For many, the holidays bring an uptick in credit card usage. Are you still stuck paying off those holiday expenses? Here are a few ways to pay off holiday debt faster. More Than the Minimum Paying the minimum on a credit card is not an effective strategy. It takes much longer to pay off your …

Tax Identity Theft AwarenessFebruary 12, 2018

Tax Identity Theft Awareness

On January 29th, the IRS began accepting electronically filed tax returns. Tax season has officially begun! Recently, the Federal Trade Commission (FTC) ran a “Tax Identity Theft Awareness Week” campaign to spread awareness of tax-related identity theft and IRS imposter scams. The IRS has a “Dirty Dozen” list where various scams taxpayers may encounter, especially …

6 Steps to Getting Fast Small Business LoansJanuary 24, 2018

Fast Small Business Loans

As a small business owner, you know only too well what it means to have access to sufficient capital. Without it, your enterprise will inevitably grind to a halt. Fortunately, if you’re short on cash, or simply want more capital to expand your operations, there are a couple of options at your disposal. You can …

How to Find the Best Mortgage Rates in NJJanuary 19, 2018

best mortgage rates in nj

Are you preparing to purchase a new home? Buying a new home can be stressful, exhilarating, and intimidating. This is the case if you are a first-time homebuyer or have even purchased homes in the past. Perhaps you don’t know much about the world of home mortgages, or find it hard to compare different lenders. …

6 Common Investment Property Mortgage Questions AnsweredAugust 30, 2017

Investment Property Mortgage Questions

You don’t have to be a real estate tycoon to purchase an investment property. With an investment property mortgage, you can obtain financing to begin building your rental portfolio. Northern New Jersey and Central New Jersey are great places for newcomers to invest, thanks to their dense rental market, thriving culture and proximity to New …

Why Every Spencer Customer Now Has an EMV Chip CardApril 11, 2017

EVM

Spencer Savings Bank’s shift from magnetic strip cards to EMV chip debit cards is now complete. No more confusion, just protection. To help you understand the benefit to you as a customer, here is some brief insight on EMV chip debit cards and how they keep your information and personal checking transactions safer than ever. …

Live Freely with Spencer Online & MobileOctober 21, 2016

Live Freely

Spencer Savings Bank provides a world of digital banking services at your fingertips, so you can replace a trip to the bank with other things that you love to do. Online Banking View Transactions & Balances Transfer Funds Set Account Alerts Bill Pay Pay One-Time & Recurring Bills Pay Unlimited Bills Each Month for FREE …