Banking / Financial

Spencer Savings Bank Receives NJBankers Award for Community Service

Spencer Savings Bank announced that the New Jersey Bankers Association has awarded the bank with the 2017 Community Service Silver Award. The award recognizes financial institutions for their efforts and initiatives which improve the lives of the citizens and communities that are served in New Jersey.

“We’re so excited to receive this award for our work, from our peers at NJBankers. They’ve recognized something we hold close to our heart, our community service work, and we are honored,” said Jose B. Guerrero, chairman, president and CEO of Spencer Savings Bank. “Spencer is a community bank and we are very proud of what that means. We’ve been servicing our local community for decades and are fully committed and passionate about making a true difference in people’s lives – right here in our own backyard, every day, in every possible way.”

In both 2016 and 2013, Spencer also received special recognition from the organization when it was also granted the Silver Award for its community service work. The bank has spent decades deeply invested in helping customers achieve their financial drams, while also making their community a better place to live and work. It is a strong supporter of local businesses, charitable organizations and community groups. Support is shown not only thru monetary donations (such as sponsorships and operating grants) but also in time spent partnering up with a variety of community and civic groups on projects that uplift the community. Spencer employees are active members of these groups (such as Rotary Clubs, Chambers of Commerce, YMCAs, UNICO Clubs and more) and often hold prominent positions. In addition to all of this, the bank also holds annual fundraisers to support a variety of charities.

The Community Service Award Program, sponsored by NJBankers, is an annual program held to both celebrate the community work of members and share these efforts with representatives of New Jersey’s governing bodies. Member banks submit their entries of their community service activities from the prior year, which are compiled into a colorful book and presented to members of the New Jersey congressional delegation and the New Jersey Legislature to demonstrate the active role the banking industry plays through civic and charitable activities for the betterment of communities throughout the state. Members of the New Jersey Chapter of the Public Relations Society of America review all entries and select those they deem worthy of special recognition.

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