Spencer Savings Bank is excited to announce the addition of a new Vice President and Controller

Joseph Murphy Joins Spencer Savings Bank as Vice President and Controller

Spencer Savings Bank is proud to announce the addition of Joseph Murphy as Vice President and Controller. In this role, Mr. Murphy will be responsible for leading the accounting team in financial reporting, accounting operations, budgeting, profitability management, and monitoring. He will also oversee accounting controls in accordance with accounting and regulatory standards.

“We are thrilled to welcome Joe to the Spencer team, and we are eager to collaborate with him,” said Steve Fusco, Executive Vice President and Chief Financial Officer. “Joe is a dynamic leader with extensive financial expertise and effective communication skills. He also has a strong passion for supporting and developing talent. We look forward to working together with him to further drive our business forward.”

Mr. Murphy brings with him a decade of experience in the Accounting and Finance industry. He has previously held leadership positions in public and mutual banks, with titles such as Chief Financial Officer, Chief Operating Officer, and Controller. He holds a BS in Business from Virginia Tech and is set to become the President of the Financial Managers Society (FMS) of NY/NJ in 2024.

About Spencer Savings Bank:
Spencer Savings Bank, a reputable New Jersey-based community bank, has been dedicated to serving its local communities with integrity and pride for over a century. With approximately $4 billion in total assets and 27 financial centers across New Jersey, Spencer specializes in providing top-tier banking products and services for both consumers and businesses. For more information, visit SpencerSavings.com.

For more information about Spencer Savings Bank and its latest leadership team addition, please visit PR.com for additional details.

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