Spencer Savings Bank

Lender

Member since December 2022

Website

$102M

Volume

—

Sold

$102M

Financed

Closed

144K sf

Area

AI SummaryBeta

Spencer Savings Bank specializes in multifamily financing, showcasing a transaction volume of $102M. Recent highlights include a $12.5M construction loan for a development in Belleville and a $6.67M refinance for a 195-unit property in Guttenberg.

AI-generated from Traded deal data. May contain errors.

About

Spencer Savings Bank is a full service, mutually owned and operated, community bank operating 20 Financial Center across New Jersey. 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 banking products and services. Spencer prides itself on being one of New Jersey’s strongest community banks – maintaining its distinct image of trust, security and commitment to its customers throughout all these years. We meet the full range of individual, business, commercial, and municipal banking needs through our broad menu of banking products and services. From basic personal checking services and small business products to financing expertise on multi-million dollar properties and commercial enterprises, Spencer’s banking capabilities are on par with those of the larger regional and national banks. Our highly experienced management team provides a unique and personal approach to banking locally, servicing its customers with an exceptional level of care that can rarely be found at larger banks. At Spencer, we understand the importance of getting to know you as a customer. Not only will you... Read More