News - Spencer Savings Bank: Personal and Business Banking in NJ

Spencer Savings Bank Awards Almost $40,000 in Scholarships to Local Students

scholarship check presented to students by ceo/president of Spencer Savings Bank

Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to announce that it has awarded almost $40,000 in scholarships to 26 exceptional high school students in New Jersey. Each student received a $1,500 scholarship for college tuition assistance. Since the commencement of the bank’s scholarship program in 2002, over $700,000 in scholarships have been awarded to local students. “As tuition costs continue to rise, community support is critical in making higher …

National Financial Awareness Day

In recognition of National Financial Awareness Day, Spencer and the Independent Community Bankers of America® (ICBA) are encouraging you to take stock of your personal finances and review spending and savings habits to stay on track of your 2026 financial goals. Unlike other financial literacy education initiatives that focus on learning new concepts, National Financial …

Protect Yourself from Scammers

Please remember that Spencer Savings Bank will never call, text, or email asking for your personal or account information. If you receive a suspicious call or message, hang up immediately and contact us directly at 1-800-363-8115. Through new technology innovations, fraud attempts are on the rise. Being aware of some of the most used schemes …

Celebrating Financial Wellness Month With Our CFO Steve Fusco

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 Welcomes New Clifton Financial Center Manager

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 …

Preventing Elder Financial Abuse

Financial abuse targeting older adults causes $38.5 billion in losses for people over 60 each year. True losses from elder financial abuse could be even higher as many go unreported, and of those that are reported, nearly half of adults say they were either victims or intended victims of financial exploitation. Community banks are in …

Financial Wellness And Mental Health

Financial issues are a common source of mental distress, and studies show they are some of the leading causes of anxiety and depression for Americans. It is important to understand how mental health and financial health are related. Mental health and personal finances share a highly cyclical relationship, where financial strain triggers psychological distress and …

Spencer Savings Bank Welcomes Financial Center Manager in Lyndhurst

Lyndhurst Financial Center Manager Andrew Davila

Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to welcome Andrew Davila as Financial Center Manager of its Lyndhurst location (230 Ridge Road). Davila will oversee daily operations, strengthen community relationships, drive business growth and lead the team in providing exceptional customer service. “We are pleased to welcome Andrew to Spencer! …

Spencer Savings Bank Announces Promotion of Joanna Bruszewski to Financial Center Manager

Financial Center Manager Joanna Bruszewski

Spencer Savings Bank, a leading New Jersey-based community bank, is pleased to announce the promotion of Joanna Bruszewski to Financial Center Manager. Bruszewski is leading the bank’s Garfield team at 34 Outwater Lane. She is overseeing branch operations, strengthening community relationships, driving business growth and leading a high-performing team committed to providing exceptional customer service. …

Spencer Savings Bank’s Chief Credit Officer Maria Seretis Joins UCEDC Board

Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to announce that Senior Vice President and Chief Credit Officer Maria Seretis has been appointed a member of the Union County Economic Development Corporation (UCEDC) Board of Trustees. As a Trustee, Seretis will serve as a voting member and participate in committees focused …

Spencer Welcomes New VP, Business Development Officer

VP, Business Development Officer, Stephanie Gomez

Spencer Savings Bank, a leading New Jersey-based community bank, is pleased to welcome Stephanie Gomez as Vice President, Business Development Officer. In her new role, Gomez will develop relationships with business owners and help them access flexible financing solutions to support growth and long-term success. Gomez brings more than 20 years of experience in the …

Spencer Savings Bank Donates $10,000 to STEM Education in New Jersey

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 …

Spencer Savings Bank Welcomes New Vice President, Commercial Real Estate Client Manager

Photo of Christopher Coppola, Commercial Real Estate Client Manager

Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to welcome Chris Coppola to its Commercial Real Estate team as Vice President, Commercial Real Estate Client Manager. Coppola is responsible for driving the growth of the bank’s commercial lending portfolio. The expansion of the team will help meet continued client growing demand …