Spencer Savings Bank Donates $10,000 to STEM Education in New Jersey

STEM Education $10,000 Donation

Spencer Savings Bank, a leading New Jersey-based community bank, recently donated $10,000 to the Research and Development Council of New Jersey to support their Governor’s STEM Scholars program. This program provides New Jersey’s brightest students with a variety of tools to excel in STEM fields. Two scholars from the program recently visited the bank’s headquarters …

Celebrating Financial Wellness Month With Our CFO Steve Fusco

Quote from CFO Steve Fusco

We’re celebrating Financial Wellness Month with our Executive Vice President and Chief Financial Officer Steve Fusco! We asked Steve below, “What are some ways we can manage our money strategically like a bank CFO?” Steve: To manage your money like a bank CFO, focus on financial planning, cash flow management, proactive risk planning and mitigation …

Spencer Savings Bank Welcomes New Clifton Financial Center Manager

Photo of Christina Schratz

Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to welcome Christina Schratz as Financial Center Manager. Schratz is responsible for overseeing the daily operations of the bank’s Clifton financial center, as well as leading and managing customer relationship development and community engagement. “We are pleased to welcome Christina to Spencer and …

Spencer Savings Bank Donates $40,000 to BVMI’s Expansion Into Garfield

CEO handing over a check to CEO of BVMI

Spencer Savings Bank, a leading New Jersey-based community bank, has proudly donated $40,000 to Bergen Volunteer Medical Initiative (BVMI) to help fund the expansion with its new location in Garfield, New Jersey. BVMI provides hope and healing to uninsured adults in Bergen County, New Jersey by delivering free, high-quality healthcare to the uninsured – helping …

Spencer Savings Bank Welcomes Marcella Gencarelli as VP, Business Development Officer

Marcella Gencarelli VP, Business Development Officer

Spencer Savings Bank, a leading New Jersey-based community bank, is pleased to announce that Marcella Gencarelli has joined the bank as Vice President, Business Development Officer. In her new role, Gencarelli will be focused on providing financing to new business/commercial clients, managing business banking relationships and supporting business client growth. With over 20 years of …

Spencer Savings Bank Grows Commercial Banking Lending Team Throughout New Jersey

Portraits of 4 men from the Commercial and Industrial Lending Team at Spencer Savings Bank.

Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to announce the addition of four new lenders in the commercial banking lending division – Carlos Carvajal, Eric Wong, Robert Ross and Joseph Arnone. The lenders will be responsible for driving the growth of the bank’s commercial lending portfolio with business development initiatives. …

Spencer Savings Bank Awards Almost $40,000 in Scholarships to Local High School Students

Scholarship students posing with check along with Spencer executive team

Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to announce that it has awarded almost $40,000 in scholarships to local high school graduates. The scholarships are bestowed yearly to exceptional high school seniors in New Jersey. Each student received a $1,500 scholarship for college tuition assistance. Since the commencement of the …

Spencer Savings Bank Appoints Ken Plinio to Lead Home Finance Team

Ken Plinio

Spencer Savings Bank, one of New Jersey’s leading community banks, announced Ken Plinio has been promoted to Senior Vice President, Home Finance Director. In this new role, Plinio will lead the bank’s Home Finance team that delivers mortgage and home equity financing solutions to customers throughout New Jersey. Ken will continue to lead the bank’s …

Spencer Savings Bank Welcomes Leo Tavares As Vice President, Compliance Manager

Leo Tavares

Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to welcome Leo Tavares as Vice President, Compliance Manager. In this new role, Tavares will help lead and manage the bank’s compliance program, further evolving processes and procedures across the bank in support of its compliance and risk-management functions. “We are pleased to …