Elmwood Park, NJ, January 09, 2023 – Spencer Savings Bank recently announced the appointment of Michael Fasano to its board of directors. Fasano joins Spencer Savings Bank, one of New Jersey’s strongest community banks, to support the bank in providing consumers, business owners and community organizations the best that community banking has to offer.
Fasano has over two decades of commercial real estate experience and brings a wealth of commercial real estate expertise to the board. He currently serves as Managing Partner with RIPCO Real Estate, a full-service commercial real estate brokerage firm with eight (8) offices in New York, New Jersey, Connecticut, and Florida. Fasano oversees the company’s investment sales and capital markets platform as well as leasing in Long Island, Queens, and New Jersey.
“We are excited to welcome Michael Fasano to the board,” stated Jose B. Guerrero, Chairman, and CEO of Spencer Savings Bank. “Michael has strong leadership experience and extensive industry expertise. He shares our passion for community banking and has seen the impact that community banks can make. Together we’re committed to the bank’s growth and success, as well as that of the communities we serve across New Jersey. We look forward to his partnership.”
Prior to joining RIPCO Real Estate, Fasano held leadership positions at Marcus & Millichap in Atlanta, Georgia, and Elmwood Park, New Jersey. He is a member of the International Council of Shopping Centers (ICSC) and the New Jersey Apartment Association. He is a graduate of Seton Hall University and resides in Bergen County, New Jersey.