Spencer Savings Bank hired Ryan Peene as Senior Vice President and Director of Market Growth and Development. Peene will be in charge of leading and executing strategic growth strategies for the bank.

Peene is an accomplished senior executive with years of experience in commercial and government banking. Most recently, he was the Senior Vice President of Government Banking and Corporate Development at SB One Bank. Prior to this, he worked as a consultant at MBI GlukShaw Public Affairs, one of New Jersey’s largest public affairs firms. He has been very successful in developing and cultivating strong relationships in these arenas throughout the state.

“We are pleased to welcome Ryan to the Spencer team. His relationships and experience in the government and commercial banking arenas compliment the Bank’s existing growth strategies and will position us for continued success,” says George Celentano, Senior Vice President and Head of Retail Banking. “In addition to this, he is deeply committed to giving back to the communities he serves and has spent time on numerous boards of business and community-based organizations. He is going to make a great addition to the Spencer team.”

In 2019, Peene received the 40 Under 40 award from NJBIZ magazine. He is currently a member of the Board of Directors of Greater Bergen Community Action and also serves on the Rutgers Business School Center for Real Estate Emerging Leaders board. He is an honorary member of the Hudson County Chiefs of Police Association, a former Commissioner and Vice Chairman of the Hoboken Planning Board and former member of the New Jersey Council on Local Mandates.

Peene graduated from the University of Notre Dame’s Mendoza College of Business with a master’s degree in nonprofit business administration and from Rutgers University with an undergraduate degree in political science. In 2018, he graduated from the Wharton University of Pennsylvania’s American Bankers Association (ABA) Stonier Graduate School of Banking.