Mariner’s Bank has joined Spencer Savings Bank

Mariner’s Bank has joined Spencer Savings Bank.

We are excited to announce that we have closed on the Mariner’s Bank merger! This merger brings together two community-focused banks for increased value. We look forward to serving all our new customers. Welcome to Spencer!  Learn More About Merger

Virtual Annual Meeting of Members

Annual Meeting, Jan 19 2017

Upon an appeal by the Bank, the New Jersey Supreme Court has ordered a stay in the effectiveness of an order by the Passaic County Superior Court. As part of that action it directed that the annual member meeting scheduled for January 21, 2022 be delayed until further order of the Superior Court. Accordingly, as …

$75,000 Donation to the American Red Cross for Tornado Devastation

$75,000 Donation to the American Red Cross

Spencer Savings Bank, a leading New Jersey-based community bank, is donating $75,000 to the American Red Cross to support communities across U.S. in wake of recent tornado devastation. Last month, dozens of tornadoes ripped across multiple states (Arkansas, Illinois, Indiana, Kentucky, Missouri and Tennessee) leaving behind considerable damage and heartbreak. With widespread damage and thousands …

Spencer Savings Bank Donates $10,000 to Support New Jersey STEM Scholars

Spencer Savings Bank Donates $10,000 to Support New Jersey STEM Scholars

Spencer Savings Bank, a leading New Jersey-based community bank, is donating $10,000 to the Research and Development Council of New Jersey to support the Governor’s STEM Scholars (www.govstemscholars.com), a program founded and established by the organization to support the state’s high-achieving STEM (science, technology, engineering and mathematics) students in New Jersey. The Governor’s STEM Scholars …

Financial Gifts For Grandkids

Financial Gifts For Grandkids

The holidays are here and some of you may still be wondering what to buy for the grandkids or special little people in your life. There is nothing like getting them a financial gift that will keep on giving – their adult selves will thank you! And remember, it does not have to be an …

Ways To Not Overspend During Holidays

Ways To Not Overspend During Holidays

The holidays are a joyous time for many, but it can also be a stressful one, particularly if you’re concerned about your finances. Gifts, dinners out and special events can get expensive, and the dollars add up quickly if you’re not careful. With a little planning and foresight, however, it’s possible to keep yourself from …

Customer Appreciation Day

Customer Appreciation Day Photo

We recently hosted a customer appreciation day for some of our business customers. The event was a golf invitational and cocktail reception at the Ridgewood Country Club. It was a beautiful fall day and gorgeous location. Our team truly enjoyed spending the day with them and connecting! All of our guests had a wonderful time!

Thanksgiving Food Drive Collection

Lodi Food Drive Photo

Thank you to all those in our Lodi community who donated for our food drive. Our Lodi financial center had a great collection! The team has donated all food items collected to the American Eagle Food Pantry of Northern New Jersey. We so appreciate the support!

Supporting The Boys & Girls Club

Lodi Boys and Girls Club Photo

As a community bank, we’re always focused on supporting organizations that help build up the community. We are longtime supporters of the Boys & Girls Club of America, an amazing organization that does just this. We recently visited the Lodi Boys & Girls Club to present them with a donation which will help them with …

Celebrating Hispanic Heritage Month Employee Spotlight

Alex Marin

Alex Marin, Vice President/Commercial and Industrial Relationship Manager, is responsible for managing a sizeable and diverse C&I Portfolio within the bank’s C&I Lending Department. He has varied experience and great life skills and brings both to the table to help clients find the best banking solutions to their financial needs. A professional with over 20 …