Do you practice safe checks? It should come as easily as fastening your seat belt on a plane, so buckle up for this one. Despite the fact that check use has declined by 25%, reports of check fraud have soared! In fact, they’ve doubled since 2021. Criminals are becoming more sophisticated and finding new ways …
Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to welcome Leo Tavares as Vice President, Compliance Manager. In this new role, Tavares will help lead and manage the bank’s compliance program, further evolving processes and procedures across the bank in support of its compliance and risk-management functions. “We are pleased to …
In celebration of National Small Business Month in May we’re spotlighting our business customer – ES Builders Group, a licensed general contractor / construction management firm serving NY and NJ. Carmen Rivera (Spencer’s VP/Business Community Development Officer) recently sat down with businessowners Christian Perla and Jordan DeCandia to hear their business story and journey – …
Getting out of debt can be painful—but the payoff is empowering! It takes a committed and consistent plan to get out of debt and stay out. Paying off debt has a variety of benefits—less stress, increased financial security, an improved credit score, etc. It also helps you reach your important financial goals by freeing your …
We are proud to announce that Jane Allerman-Rey, Spencer Savings Bank’s President and Chief Operating Officer, has received the prestigious “Woman of Impact Award” from the New Jersey Bankers Association (NJBankers). The award, presented during the NJBankers “Banking on Women” conference on June 4th, honors a NJBankers member for their commitment to the advancement of …
Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to welcome Adam Heifitz to the team as Vice President, Director of Loan Administration. In his new role, Heifitz will be responsible for managing the bank’s loan closing and reporting, as well as providing strategic direction on all loan servicing programs. “Adam is …
Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to welcome Anthony Persaud as Financial Center Manager. Persaud is responsible for leading and managing customer relationship development, local community engagement and the day-to-day operations of the bank’s Elizabeth financial center, located at 618 Bayway Avenue. “We are pleased to welcome Anthony to …
Scammers work year-round, often targeting banking customers and credit or debit card users. Scammers send text messages or make phone calls claiming to be from an individual’s bank, creating a sense of urgency by citing alleged credit or debit card transactions. While scammers have a variety of techniques, it’s important to stay cognizant of common …
Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to welcome Michael Ozol to the team as new Vice President, Commercial and Industrial Lending Relationship Manager. Ozol is a seasoned banking professional with almost 25 years of experience in commercial banking. Prior to joining Spencer, he held various leadership positions at both …
Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to announce the promotion of Monica Vanegas to Vice President, Market Manager. She will be overseeing the success of some of the bank’s financial centers in the Bergen and Essex County markets (Lodi, Wood-Ridge, Saddle Brook, Nutley and Lyndhurst). In addition to overseeing …