Spencer Savings Bank is pleased to announce the promotion of Kinga Mikos to the position of Vice President and Director of Retail Administration. Mikos will be responsible for leading and managing the Deposit Operations and Retail Service departments at the bank. Mikos brings over two decades of Deposit Operations, Project Management, New Product Development and …
For many workers, a 401(k) plan provides the best opportunity for retirement savings but keeping track of those plans can be difficult. Changing jobs is a fact of modern life and switching employers can be a great way to keep your career moving forward. If you have changed jobs along the way, you may have …
Financial literacy is the possession of skills that allows people to make smart decisions with their money. Part of being financially literate is not only understanding the facts about money but also taking the right steps that can lead to the right financial outcomes. If you haven’t achieved full financial literacy yet, don’t worry. Tackle …
Michael H. Claisse, Senior Vice President and Director of Commercial Real Estate Lending at Spencer Savings Bank, recently sat down for an interview on all that Spencer Savings Bank has to offer the Commercial Real Estate market. Tell us a little bit about what Spencer Savings Bank offers the Commercial Real Estate market? Spencer Savings …
When the new year arrives, many of us turn our thoughts to working out, losing weight and getting in shape. It is also common for Americans to start scheduling their yearly doctors’ appointments to review their health. Remember, getting your financial life in shape should be just as important and receive the same amount of …
Spencer Savings Bank is making the holidays brighter for disadvantaged community members. The bank held a recent toy drive, collecting almost 150 gifts for disadvantaged community members. Gifts were distributed to the New Jersey Community Development Corporation (NJCDC) in Paterson, N.J. and CarePlus in Hackensack, N.J. For weeks, the Spencer team worked on an internal …
Spencer Savings Bank recently made a $7,500 donation to CBH Care, in support of mental health services in its community. The nonprofit organization is a leader in behavioral health care services for New Jersey and Bergen County, offering compassionate and mental health services to thousands in Northern New Jersey. “We are grateful for supportive community …
Are there any steps that Spencer Savings Bank has taken to help its lending customers during this difficult time? When Covid-19 emerged and the New Jersey economy was principally shut down, Spencer Savings Bank remained open as an essential business for our customers and communities. Whether a consumer loan or commercial loan, we recognized that …
When Maureen started her first job around 1950 or so, she didn’t have a 401(k), but she did have a Christmas club. Every paycheck showed a deduction for her Christmas club savings account, an account she emptied each December to buy gifts for her family and friends. She tells the story about her Christmas club …
Spencer Savings Bank is pleased to announce the promotion of Jane E. Allerman-Rey to bank president. With the unanimous support of the Bank’s Board of Directors, Ms. Allerman-Rey, who presently serves as First Executive Vice President and Chief Operating Officer, will be promoted to President, effective January 1, 2021. She assumed the responsibilities of president …