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 woman in the banking industry, and whose leadership has created positive change. Allerman-Rey is the President and Chief Operating Officer at Spencer Savings Bank, where she has been employed since 1993. She is responsible for all areas of retail banking, lending and support divisions, and ensures that Spencer’s business processes keep up with the bank’s growth plans.
“Jane Allerman-Rey is an exceptional leader, and we are grateful for her service to the banking industry and to our Association,” said Michael Affuso, President & CEO of NJBankers. “Because of leaders such as herself, our industry is strong and will continue to thrive and innovate.”
In her nomination for the award, Allerman-Rey was described as a strong role model who inspires future generations of female leaders. She is a strong supporter of community banks and a leader in corporate philanthropy – integrating philanthropic partnerships into the bank’s core strategy and culture and always empowering Spencer’s employees to drive meaningful impact in the communities the bank serves.
“I am very proud to have dedicated over 30 years of my professional life to leading one of New Jersey’s strongest community banks. Thank you to the New Jersey Bankers Association for this honor and to my team at Spencer for this recognition,” stated Jane Allerman-Rey, Spencer Savings Banks President and Chief Operating Officer. “I, alongside a strong team at Spencer, have made a great impact in the communities we serve. I am especially proud to have helped build, over the years, a team at the bank comprised of over 60% women leaders and professionals. Together we have done wonderful work that continues to make an impact. Our diverse perspectives have only strengthened the strong support we provide our businesses, individuals/families and community.”
Prior to joining Spencer Savings Bank, Allerman-Rey was a Field Manager with the Northeast Region of the Office of Thrift Supervision, a division of the US Treasury that regulated thrift institutions. She is also a member of the Financial Managers Society, member of UCEDC (Union County Economic Development) Board of Trustees, and serves on the Westfield Area YMCA Board of Directors.
About NJBankers
Founded over 118 years ago, the New Jersey Bankers Association (NJBankers) is a trade association representing 65 banks and 200 service providers. NJBankers provides a variety of services to members including government relations at both the state and national levels, education and professional development, and employee health and welfare insurance programs through its licensed insurance brokerage facility, Bankers Cooperative Group.