Joe Murphy

Spencer Savings Bank is pleased to welcome Joseph Murphy as Vice President and Controller. Mr. Murphy will lead the accounting team in financial reporting, accounting operations, budgeting, profitability management and monitoring. He will oversee accounting controls in accordance with accounting and regulatory standards.

“We are excited to welcome Joe to the Spencer team, and we all look forward to working with him,” stated Steve Fusco, Executive Vice President and Chief Financial Officer. “Joe is a strong leader with extensive financial expertise and strong communication skills. He also has a passion for supporting and developing talent. We look forward to collaborating with him in continuing to drive our business forward.”

Murphy has a decade of Accounting and Finance industry experience. He has held past leadership positions for public and mutual banks and had titles of Chief Financial Officer, Chief Operating Officer and Controller. He holds a BS in Business from Virginia Tech. He will be the incoming President in 2024 for the Financial Managers Society (FMS) of NY/NJ.

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