Spencer Savings Bank

List: Money
Nov 19, 2025

Provident leads New Jersey savings banks rankings (updated)

Founded in Jersey City in 1839, the institution topped the latest NJBIZ list of financial organizations based on Garden State deposits.

New Jersey's Senate and Assembly recently recognized Spencer Savings Bank for promoting academic excellence through its scholarship programs.
Dec 11, 2023

NJ Legislature recognizes Spencer Savings’ scholarship program

The Elmwood Park-based financial institution was recognized for dedicating its "time and resources in furtherance of an astute, engaged and informed citizenry.

Dushyant Abhyankar, SVP and treasurer, Spencer Savings Bank
Jun 2, 2022

Abhyankar joins Spencer Savings Bank as treasurer

Dushyant Abhyankar most recently served as vice president/strategy, planning and analysis and vice president/head of treasury at Cross River Bank.

Safe, Vault, Steel Door, Banking, General Safe Safe Vault Steel Door Banking General Safe
Nov 18, 2021

Spencer Savings closes Mariner’s Bank merger

The deal grows the the financial institution to approximately $4.0 billion in assets, $3.1 billion in loans, and $3.2 billion in deposits with 26 branches in New Jersey.

Map of New Jersey filled with US dollars
Aug 20, 2021

Spencer Savings doles out grants to small businesses, nonprofits

The funding comes from the Federal Home Loan Bank of New York's Small Business Recovery Grant Program.