Spencer Savings Bank donates $100,000 and hosts fundraiser to support humanitarian relief efforts in Ukraine

Elmwood Park, NJ, April 17, 2022 — (PR.com) — Spencer Savings Bank, a leading New Jersey-based community bank, is donating $100,000 to support humanitarian relief efforts in Ukraine. In addition to this, the bank also organized a successful food drive in support of Ukrainian refugees, picking up over 10 vehicles loaded with hygiene items and life-saving supplies, then spending the day volunteering at a Ukrainian church. local to sort and pack supplies. The Russian-Ukrainian war has created the biggest humanitarian crisis Europe has seen in decades.

“Our thoughts are with the people of Ukraine and all they are suffering,” said Jose B. Guerrero, President and CEO of Spencer. “As citizens of the world, we are proud to support them. We sincerely hope that this donation, along with many others around the world, will help bring some relief to Ukraine and Ukrainian refugees facing so much devastation. Our entire team, many of whom have family members in the area, are thinking of them.

According to the United Nations, more than 10 million people have fled their homes since the invasion. The Ukrainian Red Cross is leading humanitarian response efforts in Ukraine and is supported by the International Federation of Red Cross and Red Crescent Societies (IFRC) and the International Committee of the Red Cross (ICRC). The donation was made to the American Red Cross which is supporting the response of the global Red Cross network (which includes the efforts of the ICRC, IFRC and other Red Cross societies involved in the response). All financial donations raised by the American Red Cross for the Ukraine crisis will support international Red Cross teams to provide humanitarian assistance in Ukraine and neighboring countries. The aid includes items such as food, water, hygiene products, medical care and SIM cards to help people stay in touch with loved ones.

“As the conflict continues to escalate in Ukraine, the global network of the Red Cross is providing round-the-clock support, care and comfort to help those affected by this devastating humanitarian crisis,” said Matthew Teter , Executive Director, American Red Cross Northern New Jersey Chapter. “Spencer’s generous contribution will help provide much-needed aid and support to people facing immediate needs in Ukraine, as well as in neighboring countries. On behalf of the American Red Cross and our global partners, thank you to the leadership and employees of Spencer for answering the call to support this critical mission.

About the American Red Cross:
The American Red Cross shelters, feeds and comforts disaster victims; provides about 40% of the nation’s blood; teaches life-saving skills; distributes international humanitarian aid; and supports veterans, service members and their families. The Red Cross is a nonprofit organization that depends on the volunteers and generosity of the American public to carry out its mission. For more information, visit redcross.org.

About the International Federation of the Red Cross:
The International Federation of Red Cross and Red Crescent Societies (IFRC) is the largest humanitarian network in the world. Our secretariat supports the local action of the Red Cross and Red Crescent in more than 192 countries, bringing together nearly 14 million volunteers for the good of humanity. For more information, visit ifrc.org.

About the International Committee of the Red Cross:
Created in 1863, the ICRC operates worldwide, helping people affected by conflict and armed violence and promoting laws that protect victims of war. An independent and neutral organization, its mandate derives primarily from the Geneva Conventions of 1949. We are based in Geneva, Switzerland, and employ more than 20,000 people in more than 100 countries. The ICRC is financed mainly by voluntary donations from governments and National Red Cross and Red Crescent Societies.

About Spencer Savings Bank:
Spencer Savings Bank, a leading community bank based in New Jersey and headquartered in Elmwood Park, NJ, has served its local communities with integrity and pride for over 100 years. The bank has approximately $4 billion in total assets and operates 26 financial centers throughout New Jersey. Spencer specializes in providing premium banking products and services to consumers and businesses. Visit SpencerSavings.com for more information.

For more information contact:
Anita Guerrero (SSB): 201-703-3800 x 8421
Vice President, Director of Corporate Communications


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