Spencer Savings Bank, one of New Jersey’s leading community banks, is pleased to announce that it has awarded almost $40,000 in scholarships to local high school graduates. The scholarships are bestowed yearly to exceptional high school seniors in New Jersey. Each student received a $1,500 scholarship for college tuition assistance. Since the commencement of the bank’s scholarship program in 2002, over $700,000 in scholarships has been awarded to deserving students.
“Supporting continuing education means investing in the future of the community, empowering individuals and fostering lifelong learning,” stated Jose B. Guerrero, Chairman and CEO of Spencer Savings Bank. “We are proud to champion education and lifelong learning. Education is the key to unlocking endless opportunities. Congratulations to the Class of 2025! We look forward to the real impact you will make in our community!”
Students from various New Jersey school districts across the state received scholarships. The students and their families attended a scholarship ceremony held at the Spencer Savings Bank financial center in Elmwood Park, NJ. At the ceremony, students were awarded their scholarships, enjoyed a delicious dinner and connected with the bank’s executive and senior leadership teams.
Congratulations to all the 2025 Spencer Savings Bank scholarship recipients listed below:
Bergen County: Julie N. Koo (Cliffside Park High School), Cayden Raymond (Cresskill High School), Charli Goldstein (Demarest Northern Valley Regional High School), Joey Hakim (Dumont High School), Samantha Gres (Elmwood Park Memorial High School), Isabel Conforme Coello (Garfield High School), Allan Morales (Hackensack High School), Jinbee Kang (Leonia High School), Sophia Meza (Lodi High School), Jolie Paz-Garcia (Lyndhurst High School), Greg Varjabedian (Paramus High School), Sera Volsky (Saddle Brook High School), Natalia Wargala (Wallington High School), Matthew Goicoechea (Wood-Ridge Jr/Sr High School)
Passaic County: Caroline Mozo (Clifton High School), Emily Giraldo (Wayne Hills High School)
Union County: Gavin Rappa (Clark Arthur L. Johnson High School), Darren Bush Jr. (Cranford High School), Christopher Villa (Elizabeth Alexander Hamilton Preparatory Academy), Leila Feliciano (Union High School), Erica Donohue (Westfield High School)
Essex County: William Swift (West Caldwell James Caldwell High School), Dylan J. Guzman (Nutley High School)
Mercer County: Jacob Mignogna (Ewing High School)
Middlesex County: Sylvia Wu (Edison High School)
Morris County: Arsha Tehrani (Parsippany Hills High School