Spencer Savings enters purchase agreement with NJM Bank FSB
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.
#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?
#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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