Spencer Savings Bank
- Bank Name:Spencer Savings Bank
- Bank Class:Savings and Loan Association
- Member FDIC:Certificate #30076
- Routing Number:ACH & Wire - 221271951
- Locations:28 Branches in New Jersey
- Web Address:spencersavings.com
Spencer Savings Bank Information
Spencer Savings Bank was founded in September 1939 and is based in Elmwood Park, New Jersey. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Spencer Savings Bank is classified as a FDIC insured savings and loan association. Spencer Savings Bank is a FDIC-insured bank with certificate number of 30076. The assigned Fed RSSD ID of Spencer Savings Bank is 845573.
Spencer Savings Bank currently operates with 28 branches located in New Jersey. Spencer Savings Bank is the 16th largest bank in New Jersey. The bank does not have any offices outside New Jersey. As of today, Spencer Savings Bank is the 283rd largest bank in US by branch count.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Spencer Savings Bank is 221271951. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 611 River Drive, Elmwood Park, NJ 07407. You can visit the official website of the bank at https://www.spencersavings.com for more information and online banking service if available. For a comprehensive list of Spencer Savings Bank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
Bank Offices In New Jersey
History Of Spencer Savings Bank
Spencer Savings Bank is a savings bank headquartered in Elmwood Park, New Jersey. It was established on September 19, 1939, initially operating under the name Spencer Savings and Loan Association. The institution experienced significant growth through acquisitions, including the purchase of Elmora Savings and Loan Association in Elizabeth, New Jersey, on March 31, 1988, at which point it officially changed its name to Spencer Savings Bank, S.L.A. In subsequent years, the bank continued to expand its operations; it became regulated by the Federal Deposit Insurance Corporation (FDIC) on July 21, 2011, and later moved its main office to River Drive Center 3 in Elmwood Park on November 11, 2002. Spencer Savings Bank further broadened its reach by acquiring Wawel Bank in Garfield, New Jersey, on March 26, 2018, and Mariner's Bank in Edgewater, New Jersey, on November 17, 2021. The main office was relocated again on the same date to 611 River Drive in Elmwood Park.
Below is a list of some important events in bank's history, including mergers and acquisitions.
11-17-2021Acquired Mariner's Bank in Edgewater, NJ.
11-17-2021Main Office moved to 611 River Dr, Elmwood Park, NJ 07407.
03-26-2018Acquired Wawel Bank in Garfield, NJ.
07-21-2011Changed Primary Federal Regulatory Agency to FDIC.
11-11-2002Main Office moved to River Drive Center 3 - 611 River Drive, Elmwood Park, NJ 07407.
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