Spencer Savings Bank donates $10K toward N.J. STEM education

Spencer Savings Bank, a leading New Jersey-based community bank, recently donated $10,000 to the Research & Development Council of New Jersey to support the Governor’s STEM Scholars program.

The program, which was founded and established by the R&D Council, provides New Jersey’s high-achieving high school and college students with a variety of tools to help them excel in the science, technology, engineering and mathematics fields.

In addition to the donation, members of the bank’s information technology and finance teams also welcomed two 2023 Governor’s STEM Scholars Jamie Lynn Connors and Danielle Park, to the bank — providing them a tour of their work areas and meeting with them for a few hours to share industry knowledge and insights.

Spencer Savings CEO Jose Guerrero said the bank was thrilled to support STEM education.

“New Jersey is one of the best in the nation for education and has some impressive talent,” he said. “Continuing to equip our students, and future leaders, with STEM skills will ensure a more innovative and prosperous economy and allow us to remain globally competitive.

“At Spencer, we’ve supported education for many decades, and in many ways, and are very proud to continue to lend our support to this program. These young, and very bright, students are our future and very driven to using their talents to improve mankind. We look forward to the strong contributions they will make to our society.”

Kevin Campos, chair of the R&D Council of New Jersey, said the contribution was greatly appreciated.

“For more than 60 years, the Research & Development Council has supported the state’s innovation economy, which boasts of a first-class workforce of scientists, engineers and other STEM professionals,” he said. “Programs like the Governor’s STEM Scholars are preparing the state’s high school and college students to be New Jersey’s future innovation workforce.

“Spencer Savings Bank’s continued investment in the Governor’s STEM Scholars ensures we will inspire the next generation of New Jersey STEM leaders and secure our legacy of innovation.”