Celebrating National Small Business WeekMay 21, 2019

Small Business Week 2019

In celebration of National Small Business Week (May 5 – May 11), we sat down with a Spencer business customer to hear about his story – his start in business and road to success. Mukesh “Mike” Papaiya, a Spencer customer since 2003, is an experienced and successful businessman operating numerous business entities: a tobacco distribution …

Spencer Savings Bank Donates $7,500 To CBHCare In Support Of Mental HealthApril 18, 2019

CBH Care

Spencer Savings Bank recently made a $7,500 donation to CBHCare, in support of mental health services in its community. The nonprofit organization, celebrating its 50th Anniversary, is the leader in behavioral health care services for New Jersey and Bergen County, offering compassionate and mental health services to thousands in Northern New Jersey. “There continues to …

Insights & Inspiration with Women In The C-SuiteMarch 21, 2019

Jane COO Award

March is Women’s History Month and to celebrate, we’re sharing a recent article published in the Financial Managers Society on women in the C-Suite, featuring Spencer’s First Executive Vice President and Chief Operating Officer Jane Rey. Jane, who recently received an award from NJBankers to mark her 25 years of service in the banking industry, …

Spencer Savings Bank Celebrates Grand Opening in Downtown WestfieldNovember 6, 2018

Westfield VIP Party

Spencer Savings Bank celebrated the official opening of its financial center in Westfield, N.J. last week with a ribbon cutting ceremony. Westfield Mayor Shelley Brindle joined the bank and town officials in celebrating the new business location in downtown Westfield at 240 North Avenue. The center, located directly across the train station, marks the twenty …

Spencer Savings Bank Welcomes Michael Claisse as Commercial Real Estate DirectorNovember 1, 2018

Michael Claisse

Spencer Savings Bank is pleased to welcome Michael Claisse as Senior Vice President, Director of Commercial Real Estate. Claisse will be responsible for the management of the bank’s Commercial Real Estate division with an emphasis on growing Spencer’s commercial lending portfolio, credit quality management and asset retention, in addition to developing long term client relationships. …