Mortgage Tips For First-Time Home BuyersNovember 20, 2018

Husband and wife carrying boxes in their new house

Home, sweet home! Most of us dream about owning a house. If your new year’s resolution for 2019 is to purchase your very own home, let’s make it happen! Increase your savings and follow the below tips to put you on the right path. With this dream in mind, first-time home buyers seek ways to get better …

Getting Your Home Ready For WinterNovember 16, 2018

Get Your Home Ready for Winter

Burr, baby its cold outside! Temperatures are starting to drop and daylight savings time has officially ended, with shorter days and longer nights ahead of us. A signal that winter is soon on its way. Below are some tips on getting your home ready for the winter. Prepare now and spend those bitter cold and …

President’s Letter: Fall 2018November 15, 2018

Greetings Spencer Family, Happy Fall! Can you believe the holidays are right around the corner? Everyone is back from vacation and schools are back in session. It’s a busy time of year! As you know, we recently opened a Financial in Westfield! It’s been so rewarding being in this community and having an opportunity to …

Spencer Savings Bank Celebrates Grand Opening in Downtown WestfieldNovember 6, 2018

Westfield VIP Party

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 …

Branch Spotlight: LyndhurstNovember 2, 2018

Lyndhurst Branch

Lyndhurst Branch Manager Radika Lutchman How long have you been working in banking? Over 25 years. Why do you feel the bank is so successful in creating long-term relationships with its customers? I feel Spencer portrays an image of trust, integrity and commitment to its customers. Not only are the customers’ financial needs fully met …

Spencer Savings Bank Welcomes Michael Claisse as Commercial Real Estate DirectorNovember 1, 2018

Michael C.

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. …

Consumer Alert: “Spoof” Scam Phone Calls On The RiseOctober 22, 2018

Lady on Phone

A recent report by News12 New Jersey stated phone scams are on the rise this year. In 2017, less than 4% of calls were robot calls but in 2018 the number has risen to 30%, and experts are predicting this will only increase. Residents in NJ have complained of receiving dozens of phony calls that …

Spencer Savings Bank Sponsors NYC Pulaski Day ParadeOctober 16, 2018

Pulaski Day Parade Spencer Savings Bank

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 …

Understanding the Benefits of a Home Equity LoanOctober 15, 2018

House

Looking for some extra money for a specific purpose at the best rate possible? Well to quote Dorothy from the Wizard of Oz, “There’s No Place Like Home”. With a home equity loan, you can get funds for any worthwhile purpose such as a major home renovation, consolidate other higher interest debts, help finance your …