Spencer News

Spencer Savings Bank recently made a $30,000 donation to benefit those who suffered through the Marcal Paper Plant fire tragedy. The historic New Jersey paper plant was largely destroyed by a devastating fire on January 30, 2019. A $25,000 donation was made to the Marcal employees affected by the fire and $5,000 was also donated …

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 is pleased to welcome its newest member to the executive management team, Steven M. Fusco, as Executive Vice President and Chief Financial Officer. Fusco will be responsible for the overall management of Spencer’s Finance Division, including the areas of accounting, treasury, financial reporting as well as financial planning and analysis. He will …

Spencer Savings Bank, a community bank headquartered in Elmwood Park, N.J., has re-elected Jose B. Guerrero to the bank’s Board of Directors, for a term of three years. The election was announced at its Annual Meeting, held at the Royal Manor in Garfield, on January 24, 2019. Jose B. Guerrero has been with Spencer Savings …

Spencer Savings Bank held its annual toy drive in December, bringing joy to hundreds of children in the local community. Employees from the bank, some dressing up as Santa and Mrs. Claus, visited local nonprofits to pass out toys to the excited children and hear all about their holiday wishes! “There is nothing better to …

It’s 4:30am and Anthony Niciejewski, Spencer’s Business Banking Officer, has started his day. He’s having breakfast, heading to the gym, checking some emails, working on pending school assignments, getting dressed for work, dropping off his kids at school and heading into work to finally … “start” his day. A day in the life of this …

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 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. …

Jose B. Guerrero, Chairman, President and CEO, Spencer Savings Bank, Elmwood Park, NJ was recently honored with the David Sarnoff Award for Advocacy at the Sixth Annual New Jersey Immigrant Entrepreneurs Awards at the Asian Indian Chamber of Commerce Multi-Chamber Event in Monmouth Junction. The awards honor immigrant entrepreneurs making a difference in New Jersey. …

Spencer Savings Bank was proud to be a sponsor of the 81st annual Pulaski Day Parade in NYC on Sunday. The bank was proud to join Garfield in celebrating Polish history and heritage, as well as supporting Garfield’s City Manager, Thomas J. Duch, Esquire, who had the prestigious honor of being selected as the 2018 …