Spencer Savings Bank Awards $37,500 in Scholarships

Spencer Savings Bank has awarded $37,500 in scholarships to local New Jersey high school graduates.

The scholarships are bestowed yearly to exceptional students in New Jersey. Each high school student received a $1,500 scholarship for college tuition assistance. Since the commencement of the bank’s scholarship program in 2002, almost $700,000 in scholarships have been awarded to deserving students throughout the state.

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“We are very proud to continue to support education in our community by providing our youth with almost $40,000 in scholarships to help them with their academic pursuits,” stated Jose B. Guerrero, Spencer’s Chairman and CEO. “At Spencer, supporting education, learning and growth in our community will always be extremely important to us. We celebrate and honor these gifted students for their dedication and pursuit of academic excellence. Our entire team congratulates them and wishes them continued success in all their future endeavors!”

Students from various New Jersey school districts across the state received certificates and also attended, along with family members, a scholarship ceremony held at the Spencer Savings Bank financial center in Elmwood Park, NJ. At the ceremony, guests enjoyed an Italian buffet dinner while meeting and connecting with the bank’s executive and senior leadership teams.

2024 Spencer Savings Bank scholarship recipients are as follows:

Bergen County: Donia Eid (Cliffside Park High School), Sana Varaiya (Cresskill High School), Diana Ayers (Demarest Northern Valley Regional High School), Emma Galligan (Dumont High School), Paulina Zak (Elmwood Park Memorial High School), Mikolaj Safin (Garfield High School), Amy Tenemaza Matailo (Hackensack High School), Brianna Flemmings (Leonia High School), Katarina Mustac (Lodi High School), Manya Gowda (Lyndhurst High School), Netra Mehta (Paramus High School), Olivia Bouzoumita (Saddle Brook High School), Michaela Golemanov (Wallington High School), Juan Gonzalez (Wood-Ridge Jr/Sr High School)

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Passaic County: Eleny Gervacio (Clifton High School), Cole Garolis-Bechtold (Wayne Hills High School)

Union County: Joseph Ortega (Clark Arthur L. Johnson High School), Lilabelle Decastro (Cranford High School), Ameer Bakr (Elizabeth Alexander Hamilton Preparatory Academy), Ataya Jenkins (Union High School), David Maimon (Westfield High School)

Essex County: Michael P. Barbosa (North Caldwell West Essex Regional High School), Madeline L. Ruiz (Nutley High School)

Mercer County: Shawnae Biggs (Ewing High School)

Morris County: Meera Patel (Parsippany Hills High School)

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