Spencer Savings enters purchase agree...

Spencer Savings enters purchase agreement with NJM Bank FSB

There are 2 comments on the The Daily Journal story from Jul 2, 2014, titled Spencer Savings enters purchase agreement with NJM Bank FSB. In it, The Daily Journal reports that:

The agreement provides for a seamless and transparent transfer of deposits and loans from NJM Bank to Spencer.

Join the discussion below, or Read more at The Daily Journal.


Indianapolis, IN

#1 Jul 5, 2014
Is NJM going to close its Hammonton office due to being purchased by Spencer Savings? That would be a big blow to the area. Or will they keep Hammonton open to better serve its South Jersey clients?

Philadelphia, PA

#2 Jul 11, 2014
They are closing the bank but the insurance part -which is 90 percent of the jobs- will stay

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