Spencer Savings Bank, one of New Jersey’s leading community banks, announced Ken Plinio has been promoted to Senior Vice President, Home Finance Director. In this new role, Plinio will lead the bank’s Home Finance team that delivers mortgage and home equity financing solutions to customers throughout New Jersey. Ken will continue to lead the bank’s growth strategy for this line of business.
“We are pleased to have Ken leading our Home Finance team. He has a strong background in the mortgage lending industry and excels at building strong relationships,” stated Michael Claisse, Executive Vice President and Chief Lending Officer. “Our Home Finance team has been strengthening communities for decades by providing customized home finance solutions to customers that help get them into the homes of their dreams and part of the communities they love. Whether your dream is to own a home, refinance on your current home loan or borrow against the equity in your home, our Home Finance team has all of your home lending needs covered.”
Ken brings almost 35 years of mortgage banking experience to this role. Throughout his career he has held a variety of leadership positions at various financial institutions in the state. He has extensive underwriting and operations management experience, as well as a strong secondary market background. He holds a Bachelor of Arts in Economics from Rutgers University.