Spencer Savings Bank, a full-service, mutually organized and operated, community bank, agreed to merge with Mariner’s Bank, a state chartered commercial bank. Financial terms were not disclosed. “This opportunity brings together two community focused companies. It enhances our business banking initiatives and facilitates our expansion into northern and eastern Bergen County. We are excited to welcome Mariner’s Bank team and customers and look forward to the opportunity to work with them," José B. Guerrero, Spencer Savings Bank Chairman & CEO.