John W. Somers
VP, Director of Loan Administration
Employed By Spencer Savings Bank Since: 1992
Employed In Industry Since: 1984
Outline of Responsibilities / Areas of Expertise / Memberships
Oversees all activities of Loan Administration.
Maintains knowledge of applicable regulations and policies as it pertains to the monitoring and handling of the loan portfolio.
Manages day-to-day operations relating to the servicing and collection actions undertaken within Loan Administration necessary to maintain a loan portfolio comprised of mortgage loan products, consumer loan products, and commercial loan products.
Member of MBA – NJ Loan Administration Committee