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 …
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, 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 …
Fraud and identity theft remain constant threats to American consumers, including bank account theft, check fraud, and stolen credit cards. According to the Treasury department, fraud and identity theft reports have tripled in the past five years, affecting millions of Americans. Email and phone remain the two most common ways fraud can occur, though with …
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, one of New Jersey’s leading community banks, is pleased to welcome Anthony Mattaliano to the team as Vice President, Commercial and Industrial Lending Relationship Manager. Mattaliano is a seasoned banking professional with over 20 years of experience in commercial banking. Prior to joining Spencer, he held various leadership positions at regional and …
In 2024, scammers stole over $16 billion from people just like you. Don’t let their tricks hypnotize you. Snap out of it. Scammers sound friendly for a reason – especially over email. They don’t always use threats. Instead, they earn your trust with polished language, official logos, and helpful-sounding requests. But just because it looks …
As tax season approaches, IRS scams are rising significantly. Scammers often impersonate the IRS regarding unpaid taxes – using threats of arrest or demands for immediate, unusual payments. They use sophisticated tactics like AI, social media misinformation and impersonation through calls, texts and emails to steal personal information and money, often threatening arrest or penalties …
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, 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. …