Spencer Savings Bank Completes Acquisition of NJM BankDecember 8, 2014

Spencer Savings Bank, a community bank headquartered in Elmwood Park, N.J., has announced, it has completed its acquisition of NJM Bank, and the conversion of accounts are complete effective with the December 5, 2014 closing of the transaction. Spencer Savings Bank announced in June its plans to purchase the assets and liabilities of NJM Bank. …