Spencer Savings Bank welcomes new Treasurer

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Elmwood Park, New Jersey, June 4, 2022 — (PR.com) — Spencer Savings Bank is pleased to welcome Dushiant Abhyankar, as Senior Vice President and Treasurer of the bank. His main responsibilities will be to provide leadership and contributions related to balance sheet management, liquidity and interest rate risk management, pricing strategies as well as oversight of cash, securities and portfolios. wholesale funding from the bank. He will lead the bank’s treasury team, contributing to the bank’s continued growth and strengthening profitability.

“We are delighted to welcome Dushyant to the Spencer team and look forward to working with him,” said Jose B. Guerrero, President and CEO of Spencer Savings Bank. “He has a deep and comprehensive finance background, as well as strong leadership skills, which will stand us in good stead. We look forward to continuing to develop Spencer with all of Dushyant’s input and expertise.

Mr. Abhyankar is a seasoned banking professional with nearly 15 years of experience in the treasury and finance industry. He has held leadership positions in global businesses and most recently served as VP/Strategy, Planning & Analysis and VP/Chief Treasury Officer at Cross River Bank. He holds an MBA in Finance and a BS in Business Administration, both from the University of Pittsburgh. He resides with his family in Passaic County, New Jersey.

About Spencer Savings Bank:
Spencer Savings Bank, a leading New Jersey-based community bank, 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 ext. 8421
Vice President, Director of Corporate Communications

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