Spencer Savings Bank Helps Bring Hope to Veterans – Donates $10,000 to Community Hope


MORRIS COUNTY — Spencer Savings Bank continues to help bring hope to veterans with a recent $10,000 donation to Community Hope, the leading non-profit in New Jersey serving veterans and at-risk veteran families. The organization helps both veterans and individuals overcome mental illness, addiction, homelessness and poverty by providing housing and a variety of support services. Members of the Spencer management team recently visited the center to drop off the donation and meet with the staff.

“We are very proud to continue to support Community Hope and help bring hope where hope is desperately needed. These men and women have served our nation and we are proud to serve them now,” said Jose B. Guerrero, Spencer’s Chairman, President and CEO. “Community Hope is one of New Jersey’s largest transitional housing providers and the leading non-profit in the state for serving veterans. The work they do is so important and we’ve been supporting them for almost two decades now.”

Community Hope was founded in 1985 by caring families of young adults whose lives were impacted by mental illnesses. In 2004, they expanded their residential programs and support services to reach homeless veterans struggling with mental health issues and combat-induced trauma.

September is National Suicide Prevention Awareness Month, and it is estimated 20 veterans take their lives daily. Community Hope is fighting this mental health crisis by helping hundreds and thousands of veterans manage their illness and get back on their feet to be productive community members, living whole lives with a purpose once again.

“With Spencer Savings Bank’s most generous continued support, Community Hope is able to fulfill its mission of offering stable, affordable housing and services to individuals and families so they can overcome homelessness and have self-sufficient and more productive lives,” said Carmine V. Deo, Executive Director of Community Hope.

For more information on Community Hope and how you can assist them in making a difference, visit them online by clicking here. Visit Spencer Savings Bank to learn all about the many community-service initiatives the bank is currently involved with by clicking here.

Spencer Savings Bank, a community bank headquartered in Elmwood Park has been serving its local communities with integrity and pride for more than 75 years. The bank has over $3 billion in total assets and operates 21 financial centers throughout New Jersey. Spencer specializes in delivering premier banking products and services for consumers and businesses.