Virtual Annual Meeting of Members

Annual Meeting, Jan 19 2017

Upon an appeal by the Bank, the New Jersey Supreme Court has ordered a stay in the effectiveness of an order by the Passaic County Superior Court. As part of that action it directed that the annual member meeting scheduled for January 21, 2022 be delayed until further order of the Superior Court. Accordingly, as …

Mariner’s Bank has joined Spencer Savings Bank

Mariner’s Bank has joined Spencer Savings Bank.

We are excited to announce that we have closed on the Mariner’s Bank merger! This merger brings together two community-focused banks for increased value. We look forward to serving all our new customers. Welcome to Spencer!  Learn More About Merger

$75,000 Donation to the American Red Cross for Tornado Devastation

$75,000 Donation to the American Red Cross

Spencer Savings Bank, a leading New Jersey-based community bank, is donating $75,000 to the American Red Cross to support communities across U.S. in wake of recent tornado devastation. Last month, dozens of tornadoes ripped across multiple states (Arkansas, Illinois, Indiana, Kentucky, Missouri and Tennessee) leaving behind considerable damage and heartbreak. With widespread damage and thousands …

Spencer Savings Bank Donates $10,000 to Support New Jersey STEM Scholars

Spencer Savings Bank Donates $10,000 to Support New Jersey STEM Scholars

Spencer Savings Bank, a leading New Jersey-based community bank, is donating $10,000 to the Research and Development Council of New Jersey to support the Governor’s STEM Scholars (www.govstemscholars.com), a program founded and established by the organization to support the state’s high-achieving STEM (science, technology, engineering and mathematics) students in New Jersey. The Governor’s STEM Scholars …

Customer Appreciation Day

Customer Appreciation Day Photo

We recently hosted a customer appreciation day for some of our business customers. The event was a golf invitational and cocktail reception at the Ridgewood Country Club. It was a beautiful fall day and gorgeous location. Our team truly enjoyed spending the day with them and connecting! All of our guests had a wonderful time!

Celebrating Hispanic Heritage Month Employee Spotlight

Alex Marin

Alex Marin, Vice President/Commercial and Industrial Relationship Manager, is responsible for managing a sizeable and diverse C&I Portfolio within the bank’s C&I Lending Department. He has varied experience and great life skills and brings both to the table to help clients find the best banking solutions to their financial needs. A professional with over 20 …

Spencer Supports Higher Education With Donation to Passaic County Community College

PCC Donation Photo

We recently made a donation of $7,500 to Passaic County Community College (PCCC) to help provide financial support to low-income, minority students seeking higher education. The donation will be used to provide low-income students, enrolled in the Student Support Services (SSS) and PCCC Success programs, with financial emergency assistance awards. The awards are used to …

Spencer Honored With Financial Managers Society Community Engagement Award

FMS Award photo

Spencer Savings Bank Honored With Financial Managers Society (FMS) Community Engagement Award We are very proud to have been recently honored with the Financial Managers Society (FMS) Community Engagement Award. The FMS Community Engagement Award has been established by the organization to recognize institutions that have answered the call of duty amidst a global pandemic …