Stay Vigilant Against Check Fraud

a person writing on a checkbook

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

Community Foodbank Photo

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 …

National Entrepreneur Week: Business Customer Spotlight

Jake Containers

In celebration of National Entrepreneur Week, observed from February 15-22, we’re spotlighting a local business, Jake Storage Containers. Ed Kurbansade, VP & Market Manager, recently visited Darrin Shamosh and his business in Ridgefield Park, New Jersey. Below, Mr. Shamosh shares his background and entrepreneurial journey, including what motivated him to take the risk of building …

Spencer Savings Bank Appoints Silvia D’Onofrio as VP, Corporate Services and Security Officer

SILVIA D'ONOFRIO Portrait

Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to welcome Silvia D’Onofrio as Vice President, Corporate Services and Security Officer. Ms. D’Onofrio is a seasoned workplace operations professional with over 21 years of expertise in managing dynamic environments and driving operational efficiency. Her background includes a strong focus on business operations, …

Spencer Welcomes Saddle Brook Financial Center Manager

ATURO COUSAR Photo

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

RONNA MARCHELLO Photo

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 …

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

MARIA SERETIS Photo

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 …

Holiday Financial Planning—How to Create Your Holiday Budget

Christmas Photo

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

Team Christmas Photo

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. …