Spencer Savings Bank, Sla is a bank based in Elmwood Park, New Jersey, established in 1939, with $4.0 billion in total assets across 28 branches. By Trust Grade it ranks 17th of 50 banks we track in New Jersey. Its capital ratio of 11.7% is stronger than 74% of similarly sized banks, versus a New Jersey median of 11.3%. It was profitable over the most recent period, with a 0.62% return on assets. No consumer complaints against Spencer Savings Bank, Sla appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Spencer Savings Bank, Sla compares to New Jersey peers
How we graded Spencer Savings Bank, Sla
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.7% capital ratio)
- Profitable (ROA 0.62%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Spencer Savings Bank, Sla over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (28)
- 104 Passaic St, Garfield, NJ 07026
- 107 S Main St, Lodi, NJ 07644
- 487 Market St, Saddle Brook, NJ 07663
- 219 Maple Ave, Wallington, NJ 07057
- 437 Piaget Ave, Clifton, NJ 07011
- 230 Ridge Rd, Lyndhurst, NJ 07071
- 140 Market St, Saddle Brook, NJ 07663
- 375 Franklin Ave, Nutley, NJ 07110
- 618 Bayway Ave, Elizabeth, NJ 07202
- 611 River Dr, Elmwood Park, NJ 07407
- 1699 Littleton Rd, Parsippany, NJ 07054
- 34 Outwater Ln, Garfield, NJ 07026
- 213 South Ave E, Cranford, NJ 07016
- 240 North Ave W # 244, Westfield, NJ 07090
- 920 Van Houten Ave, Clifton, NJ 07013
- 240 Essex St, Hackensack, NJ 07601
- 242 Oradell Ave, Paramus, NJ 07652
- 562 Washington Ave, Dumont, NJ 07628
- 680 River Dr, Elmwood Park, NJ 07407
- 183 Hamburg Tpke, Wayne, NJ 07470
- 177 Valley Blvd, Wood Ridge, NJ 07075
- 6 Madison Ave # 20, Cresskill, NJ 07626
- 200 Campus Town Cir, Ewing, NJ 08638
- 1 Towne Ctr, Cliffside Park, NJ 07010
- 1350 Galloping Hill Rd Spc 2, Union, NJ 07083
- 3900 Park Avenue, Edison, NJ 08820
- 810 Bloomfield Avenue, West Caldwell, NJ 07006
- 2 Pembroke Pl, Edgewater, NJ 07020
Are deposits at Spencer Savings Bank, Sla insured?
Yes. Spencer Savings Bank, Sla is an FDIC-insured bank (FDIC certificate #30076). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Spencer Savings Bank, Sla: frequently asked questions
Is Spencer Savings Bank, Sla a good bank?
Spencer Savings Bank, Sla earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (11.7% capital ratio); Profitable (ROA 0.62%).
Is Spencer Savings Bank, Sla FDIC-insured?
Yes. Spencer Savings Bank, Sla is a FDIC-insured bank (FDIC certificate #30076). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Spencer Savings Bank, Sla?
Spencer Savings Bank, Sla holds $4.0 billion in total assets, ranking 17th of 50 banks we track in New Jersey. It operates 28 branches.
Does Spencer Savings Bank, Sla have CFPB complaints?
No CFPB complaints against Spencer Savings Bank, Sla appear in our data over the analysis window, which is typical for a bank of this size.
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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
