Spencer Savings Bank Gives $10K for STEM Ed.

Spencer Savings Bank recently made a generous donation of $10,000 to the Research & Development (R&D) Council of New Jersey to support their Governor’s STEM Scholars program. This program is designed to provide high-achieving high school and college students with the necessary tools to excel in fields related to science, technology, engineering, and mathematics.

During a personalized event, two scholars, Kenny Frias and Mina Basaly, had the opportunity to tour the bank and have dinner with senior management team members, including Spencer’s President and COO, Jane Allerman Rey, and Executive Vice President and Chief Financial Officer, Steve Fusco. The bank leaders shared industry knowledge, career advice, and tips for professional success, offering valuable real-world insights to the students.

Jose Guerrero, Spencer’s Chairman and CEO, expressed the bank’s pride in supporting bright young students like Kenny and Mina. He highlighted the importance of education and the commitment required to pursue rigorous fields of study, emphasizing New Jersey’s reputation as a leader in education.

The R&D Council of New Jersey has been supporting the state’s innovation economy for over 60 years, fostering a workforce of scientists, engineers, and other STEM professionals. The Governor’s STEM Scholars program aims to equip students with the tools they need to succeed in STEM-related fields, ensuring they continue to excel in their academic and professional endeavors.

Spencer Savings Bank, headquartered in Elmwood Park, N.J., has been serving local communities for more than 100 years with integrity and pride. With nearly $4 billion in total assets and 26 financial centers throughout New Jersey, Spencer is dedicated to providing premier banking products and services for consumers and businesses alike.

As a leader in the New Jersey banking industry, Spencer Savings Bank’s support of the Governor’s STEM Scholars program demonstrates their commitment to education and community development. By investing in the future of young scholars like Kenny and Mina, Spencer is helping to cultivate the next generation of leaders in STEM fields.

For more information about Spencer Savings Bank and their community initiatives, visit SpencerSavings.com.

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