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Monday 8am - 8pm Tuesday 8am - 8pm Wednesday 8am - 8pm Thursday 8am - 8pm Friday 8am - 8pm Saturday 8am - 2pm

Spencer Savings Bank

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Elmwood Park, NJ
Spencer Savings Bank

Member FDIC. Equal Opportunity Lender. Equal Opportunity Employer. Never disclose any financial information on Facebook. When challenges arise, we're here.

We are not responsible for the privacy and security policies or practices of Facebook. Spencer Savings Bank is one of New Jersey's strongest community banks. We’ve been in business for over 100 years, have over $3 billion in assets and a team of nearly 300 dedicated employees who specialize in delivering premier consumer and business banking products and services. Spencer has been helping grow peo

ple, businesses and communities for decades. By taking the time to understand your needs, we become partners in your financial success. We are proud to partner with various local civic groups, charitable organizations and youth educational programs to improve the quality of life in New Jersey communities. Spencer Savings Bank is a company that individuals, families, investors, entrepreneurs and business owners all count on for strength, stability, service excellence and growth.

06/13/2026

FIFA 2026!! We’re ready for you! ⚽️⚽️⚽️

Our team is excited to cheer for their teams at the FIFA World Cup 2026! This year’s cup features 48 nations (the largest yet) and is being hosted across North America for the first time in 32 years - including several games in the United States, with the final match being held right in our own backyard at MetLife Stadium in East Rutherford, NJ!!

Good luck to all the teams and fans! Let the games begin! 🏆🏆🏆

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06/12/2026

We had a great time partnering with the Township of Union, New Jersey & the Union County Recreational Department to host "Movies Under The Stars" at Rabkin Park in ! It was a fun night with a full crowd and lots to do, including a face painter, DJ music entertainment, various vendors, etc. Our team was out there as well serving fresh popcorn, refreshments and fun glow sticks to the children. The feature film for the night was Zootopia 2!

Come meet our Union team! Visit us in Union, New Jersey at 1350 Galloping Hill Road, next time you are in the area. We have a few locations in Union County, New Jersey! https://www.spencersavings.com/locations/union/

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06/11/2026

🙌 Meet The Team Thursday!! 🙌

Visit us in ! Our Financial Center Manager Anthony Persaud and his team will service you with excellence!

At Spencer, we combine deep financial expertise with an unwavering commitment to "relationship banking” - that's strong personalized service and client care with a commitment to prioritizing your long-term financial health and building a strong relationship with you.

From basic personal checking services and small business products to financing expertise on multi-million dollar properties and commercial enterprises, our highly experienced team provides a unique and personal approach to banking locally, servicing our customers with an exceptional level of care!

Visit our Elizabeth team at 618 Bayway Avenue! They'll do an excellent job of helping you reach your personal or business financial goals. www.spencersavings.com/locations/elizabeth/

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06/09/2026

Just closed in Oradell, NJ! Over $5 million financed on a 12-unit townhome project. Let us help you close your next loan! Spencer Savings Bank is making ground-up construction loans on for-rent multifamily properties and select for-sale townhome complexes. Spencer Savings Bank is making permanent loans on Retail, Industrial and Medical Office properties in New Jersey and New York.

We’re not just lenders, we’re experts.

📞Get in touch with James Meicke (VP, Client Manager) at 201-703-3807 ext. 8318.

Dana Berlin, SVP/Director
Commercial Real Estate Lending
http://spencersavings.com/.../commer.../commercial-mortgage/

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06/05/2026

Thank you New Jersey Bankers Association for the inspiration!

Our team had a wonderful time at the Banking on Women Conference at The Palace at Somerset Park! The speakers shared great insights on strategic thinking, ways to amplify impact, strategies to outsource overwhelm, insights from women serving on bank boards and much more.

Proud to connect with so many inspiring female professionals throughout the New Jersey banking industry!

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06/02/2026

We're sponsoring "Movies Under The Stars" this Friday in ! There will be food trucks, entertainment, face painters, a DJ and more! Join us for a family fun summer night!

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06/01/2026

Education is the key to personal growth and long-term success. We continue to do community outreach work with various educational initiatives that help our community members grow and thrive!

Recently, our Marketing team led a "Teach Children To Save Day" presentation at the Frank W Gavlak Elementary School in Wallington, NJ. They presented to 100 5th grade students and discussed the importance of building a budget, saving, and deciphering between needs vs wants to help reach savings goals.

Our Commercial Real Estate team held another presentation for college students at Passaic County Community College and discussed a career in sales, commercial real estate and commercial banking - sharing overall great tips and advice for career success.

Thank you to all our team members for hosting these wonderful events! We're wishing all the students a wonderful (and smart) summer! Take some time to learn and grow in new areas!

05/31/2026

May is . Financial stress is a common source of mental distress, and studies show it can be a significant cause of anxiety and depression for Americans. It is important to understand how mental health and financial health are related. Mental health and personal finances share a highly cyclical relationship, where financial strain triggers psychological distress and poor mental health compromises money management. Recognizing this feedback loop is the first step toward breaking it.

Learn more: www.spencersavings.com/financial-wellness-and-mental-health/

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05/29/2026

Proud to celebrate - supporting local businesses is at the heart of what we do!

Recently, we closed on two credit facilities totaling $3.5 million in support of a commercial bakery located in Paterson, New Jersey. The commercial business originally turned to a large national bank for their financing needs. After months of unresponsiveness, they brought their business to Spencer, one of New Jersey’s leading community banks. Despite a compressed timeline and a challenging situation, our Commercial Banking team was able to close the initial facility within a matter of weeks for them!

This outcome reflects our commitment to being a dependable partner and delivering timely ex*****on when it matters most! It highlights our team’s ability to deliver responsive, relationship-driven financing solutions tailored to our clients’ unique needs. For us, your business will always be our main priority. We’ll act with urgency and precision (each and every single time) to get your loan closed and your business growing quickly!

Contact Sergio Musacchio (SVP, Director of Commercial & Industrial Lending and Small Business Finance) to learn more about Spencer’s business financing options. Let’s create a strong business partnership and get you the financing needed for business growth!

Learn more: www.spencersavings.com/loans/commercial-loans

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05/27/2026

Attending the TCTANJ (Tax Collectors And Treasurers Association of NJ) Annual Conference at the Hard Rock Hotel & Casino in Atlantic City this week? Stop by and visit our team at Booth #1! We're looking forward to connecting with you!

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Address

611 River Drive
Elmwood Park, NJ
07407

Opening Hours

Monday	8am - 8pm
Tuesday	8am - 8pm
Wednesday	8am - 8pm
Thursday	8am - 8pm
Friday	8am - 8pm
Saturday	8am - 2pm

Telephone

+18003638115

Website

http://www.spencersavings.com/

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