Bank Recognizes Elizabeth Student With Scholarship

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ELIZABETH – An Elizabeth High School student is one of 27 winners of scholarships presented by Spencer Savings Bank, headquarted in Elmwood Park. Jennifer Moreno will receive a $1,000 scholarship for the hard work she has demonstrated throughout her educational career and her dedication to serving the community.

Since the program was founded in 2002, Spencer Savings Bank has awarded a total of $225,500 in scholarships to youths in the communities it serves. This year, Spencer Savings Bank’s $21,000 scholarship fund was divided among 15 high schools and 12 middle schools located within the bank’s communities. The recipients were selected based on their academic record, history of community service and future interest in a career in business, finance or banking.


“Jennifer is well-deserving of this recognition for her strong determination and notable accomplishments, and it is our honor to help her achieve her future educational goals,” said José B. Guerrero, President, Chairman and CEO of Spencer Savings Bank. “Our annual scholarship program allows us to contribute to the communities that we both serve and call home, and each year we’re increasingly proud to do so.”

For more information on the scholarship program, or to learn more about Spencer Savings Bank and its personalized banking options, visit

Elizabeth Branch Manager Justin Shapiro presents a check to Jennifer Moreno (Photo courtesy of Spencer Savings Bank)

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