Spencer Savings Bank Collects Hundreds of Toys For Children

toy drive

Spencer Savings Bank held its annual Toy Drive, in December, with all of the Spencer locations collecting toys from employees and customers. On December 20th, the Spencer Santa and his elves were hard at work, visiting the children at the Paterson Family Center to deliver the surprises! This is a division of the New Jersey …

Last Minute Year-End Moves To Slash Your Tax Bill

Young African American couple

The end of the year will be here before you know it, and after that tax time will be right over the horizon. The steps you take now, before year-end, could have a profound impact on your tax bill when April rolls around. Time is running short, but you can still take steps to lower …

Ways To Give Back During The Holidays

Giving Tuesday

This month, the nation celebrated “Giving Tuesday”, a global generosity movement unleashing the power of people and organizations to transform their communities and the world. It is a day that inspires and encourages people to give, collaborate and celebrate generosity. The holidays are a great time for this, though that sentiment is often easily lost …

Avoid Overspending This Holiday Season

Girl Christmas

With the holidays upon us, shopping for loved ones has already started. Holiday spending, this year, is expected to rise 5%. This will amount to more than $1.1 trillion during the retail sector’s most lucrative and important season. Around 53% of all holiday shopping is expected to be done digitally, with 20% of purchases expected …

12 Ways to Protect Your Mobile Device

Protect Your Mobile Device

Your mobile device provides convenient access to your email, bank and social media accounts. Unfortunately, it can potentially provide the same convenient access for criminals. Spencer recommends following these tips to keep your information – and your money – safe. Use the passcode lock on your smartphone and other devices. This will make it more …

8 Tips for Protecting Yourself Online

Protecting Yourself Online

Every year, millions of consumers fall victim to cybercrime. According to the 2018 Norton Cyber Security Insights Report, 152 million U.S. consumers were victims of cybercrime – more than half of the country’s adult online population – with losses totaling over $11.5 billion. Spencer Savings Bank recommends the following tips to help keep your information …

Spencer Partners With Habitat for Humanity – Donates $6,500

Habitat for Humanity

Spencer Savings Bank recently partnered with Habitat for Humanity to help provide a “Hand Up” to community members looking to achieve their home ownership dreams. The organization is dedicated to improving the lives and communities by providing decent and affordable homes for hard-working families. The bank made a $6,500 donation to the Paterson, Bergen, Morris, …

That’s A Wrap On “Movies Under The Stars”

Elmwood Park Movie Night Staff

That’s a wrap on Spencer’s “Movies Under The Stars” summer series! Spencer Savings Bank celebrated summer by partnering with various community organizations to host fun, free movie nights for families in local communities. The bank sponsored the events, which in total drew more than 1,500 attendees, taking place in Elmwood Park, Lodi, Westfield, Garfield and …

Relationship Banking At Its Finest!

Juan Oelefse

Juan Oelofse, Senior Vice President & Director of Commercial and Industrial Lending at Spencer Savings Bank, recently explained how a local, community approach to banking best serves both business and personal customers alike. The Spencer touch, exemplifying relationship banking at its finest, really goes a long way in producing strong advocates in the industry for the bank. Please …

President’s Letter: Fall 2019

Spencer Knows Small Business As a business owner, we know you’re pressed for time. We also know that your business is your baby. And, just like you wouldn’t leave your child in the hands of anyone, your business follows those same requirements. Similar to raising a child, you’ll need a solid support system. At Spencer, …