Stay Vigilant Against Check Fraud

Scammers are becoming increasingly creative with thefts and scams—targeting checks or images of checks to make unauthorized purchases or withdrawals. Although postal workers across the country do their best to keep your mail safe, the United States Postal Inspection Service recovers more than $1 Billion in fraudulent checks and money orders each year, according to …

Spencer Savings Bank Helps Combat Food Insecurity for Valentine’s Day

Spencer Savings Bank spent Valentine’s Day volunteering for a “Day of Love and Compassion” at the Community FoodBank of New Jersey (CFBNJ). Spencer employees teamed up with other bankers at the Hillside, New Jersey warehouse to participate in a volunteer day, which was part of the 1 Million Meals Campaign initiative led by NJBankers. “Valentine’s …

Spencer Appoints Maria Seretis as Senior Vice President and Chief Credit Officer

Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to announce the promotion of Maria Seretis to Senior Vice President and Chief Credit Officer. Seretis joined the bank in 2012 as a commercial lending underwriter and most recently served as Vice President and Assistant Director of Commercial Real Estate Lending. In her …

Spencer Welcomes Saddle Brook Financial Center Manager

Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to welcome Aturo Cousar as Financial Center Manager. Cousar is responsible for leading and managing customer relationship development, local community engagement, and the day-to-day operations of one of the bank’s two Saddle Brook financial centers, located at 487 Market Street. “We are pleased …

Spencer Savings Bank Appoints Ronna Marchello as Business Development Officer

Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to announce that Ronna Marchello has assumed the role of Vice President and Business Development Officer. Marchello joined the bank in 2018 and previously held the role of Vice President and Retail Market Manager. In her new position, she will be responsible for …

Holiday Financial Planning—How to Create Your Holiday Budget

The excitement of the holiday season is building as stores prepare for one of the biggest commercial seasons of the year—but with this celebration of over-the-top decorations and holiday gatherings comes the fear of overspending and financial strain. According to PwC’s Annual Holiday Outlook, holiday spending is projected to rise by 7%, reflecting both an …

Spencer’s Annual Toy Drive Brings Joy to Hundreds in the Community

Spencer Savings Bank’s annual toy drive this December brought joy to hundreds of local children and families. Bank employees, including our very own Spencer Santa, personally delivered the toys collected from the financial centers and corporate headquarters to local nonprofit groups. “We’re grateful for the overwhelming generosity of our employees and customers”, stated José B. …

Spencer Sponsors Lunch Program, Feeding Hundreds of Community Members

Spencer Savings Bank recently sponsored the “Fund-a-Meal” program at Eva’s Village to help celebrate the spirit of the season by giving back to those in need. Spencer employees, alongside a team of rookie players from the New York Giants, visited the nonprofit organization to serve a hot lunch to approximately 350 local community members. “As …

Celebrating Financial Wellness Awareness Month

January is Financial Wellness Awareness month—serving as a reminder to prioritize our financial well-being and to make informed financial decisions. Observed each year right after the hustle and bustle of the holiday season, Financial Wellness Awareness month helps us slow down, stop, think and prepare our finances for the new year. Financial wellness is about …