May 9, 2022 | Business
Spencer Savings Bank was recently honored with the “Company Of The Year” award, by the Gateway Regional Chamber of Commerce, at its 110th annual awards dinner at the Marriott Hotel in Newark, NJ. The bank was honored for its support given to the business community facing economic hardship due to the COVID-19 pandemic.
“We are very honored to receive the ‘Company Of The Year’ award from the Gateway Regional Chamber of Commerce,” stated Jose B. Guerrero, Chairman and CEO of Spencer Savings Bank. “America is small business and we are proud to have helped many business owners across the state of New Jersey keep their business doors open. We are also pleased to have created a strong partnership with the chamber that provides Spencer with the opportunity to help New Jersey businesses grow and succeed.”
Jim Coyle, President of the Gateway Regional Chamber of Commerce, was also honored at the dinner as he celebrated his 25thAnniversary with the chamber. He has done great work in leading and growing the organization and supporting business owners across the state. Under his leadership, the chamber has grown to become one of the largest regional chambers of commerce in the New York Metro region, with more than 1,200 members.
Spencer Savings Bank is a leading New Jersey-based community bank with 26 financial centers throughout New Jersey. In business for over 100 years, the bank has about $4 billion in assets and a team of nearly 300 banking professionals. The team specializes in delivering premier banking products and services for both consumers and businesses. The bank is headquartered in Elmwood Park, NJ and has locations in Union, Essex, Bergen, Passaic, Morris and Mercer counties.
Spencer’s pandemic assistance to the New Jersey community, including businesses, was fast and robust. Via the Small Business Administration Paycheck Protection Program (PPP), the bank administered millions in loans, protected over 1,000 jobs and assisted over 300 businesses in New Jersey. The team also worked tirelessly with current Spencer business borrowers to ensure their specific borrowing issues were resolved and a plan was put in place to help keep their businesses from shutting down. In addition to this, $400,000 was distributed in donations and grants to support relief efforts in the New Jersey community, including business owners.
For more information, contact:
Anita Guerrero (SSB): 201-703-3800 x 8421
VP, Corporate Communications Director
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Banking & Financial Services
Apr 17, 2022 | Business
The American Association for Medicare Supplement Insurance announced a special Tax Day offer for agents adding their listing to the national online directory of Medicare agents.
“In recognition of Tax Day, we are pleased to offer a 15 percent savings to any agent choosing to add their listing to the directory,” states Jesse Slome, director of the Medicare insurance advocacy organization.
Slome reported that, compared to the prior year, traffic to the organization’s website increased by 45.63 percent for the period April 1, 2021 through April 1, 2022. “Consumers make up the vast majority of website visits. On a daily basis they use the Association’s online directory to find local Medicare insurance agents.”
To take advantage of the special savings, enter the Referral Code april15 when signing up for a listing. The special savings offer ends Tuesday, April 19.
Learn more about the directory at https://www.medicaresupp.org/agent-center/medicare-insurance-agent-directory/.
The American Association for Medicare Supplement Insurance (AAMSI) and the American Association for Long-Term Care Insurance advocate for the importance of planning. For more information, visit the organization’s websites at https://www.medicaresupp.org and https://www.aaltci.org.
Oct 9, 2021 | Business
Spencer Savings Bank, a leading New Jersey-based community bank, is donating $75,000 to the American Red Cross NJ to support Hurricane Ida relief efforts.
“Hurricane Ida had a devastating impact in many communities across New Jersey,” said Jose B. Guerrero, Spencer’s Chairman and CEO. “We are proud to help support our local community as they continue to recover from this devastating storm. It is our hope that this donation will help bring some relief to families and communities that were hit hard across the state.”
During the one month since Hurricane Ida made landfall, the Red Cross and its partners have worked tirelessly to assist those negatively impacted by the storm. In New Jersey, more than 335 Red Cross volunteers have been working around the clock to help families affected by the devastating flooding brought on by Ida.
“Thanks to the generosity of Spencer Savings Bank, the Red Cross is able to provide care for New Jersey residents whose homes were severely impacted by Ida,” said Rosie Taravella, Regional CEO, American Red Cross of New Jersey. “Donors who offered support throughout this emergency are making it possible for families impacted by Hurricane Ida to recover.”
Since September 1 in New Jersey, the Red Cross has provided more than 2,070 overnight shelter stays and served nearly 20,670 meals and snacks; distributed more than 11,620 clean-up kits and 12,069 other relief supplies like comfort kits, rakes, tarps and more; provided health or emotional support to more than 2,124 people; and provided 4,355 people from 1,502 families with disaster recovery support through casework.
If you would like to help and make a donation to the American Red Cross in New Jersey, please visit their website at redcross.org/NJ.
About the American Red Cross in New Jersey:
The American Red Cross provides programs and services to a population of 8.8 million in New Jersey. The Red Cross trains and mobilizes more than 4,400 volunteers who support the delivery of services throughout the state. In New Jersey last year, the Red Cross responded to 848 local disasters, mostly home fires, helping 2,004 displaced families; collected more than 90,923 units of blood through blood drives and Red Cross Blood Donation Centers; provided more than 6,898 military family case services with emergency messages, helping families find assistance and/or get counseling and referrals; and trained 72,073 people with life-saving skills in preparedness, CPR, AED use, first aid and aquatics. For more information, please visit redcross.org/NJ.
About Spencer Savings Bank:
Spencer Savings Bank, a leading New Jersey-based community bank headquartered in Elmwood Park, N.J., has been serving its local communities with integrity and pride for more than 100 years. The bank has over $3 billion in total assets and operates 20 financial centers throughout New Jersey. Spencer specializes in delivering premier banking products and services for consumers and businesses. Visit SpencerSavings.com for more information.
For more information, contact:
Anita Guerrero (SSB): 201-703-3800 x 8421
VP, Corporate Communications Director
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