Accomplish your savings goals with Spencer's Premium Statement Savings Accounts
Spencer's High Yield Statement Savings Accounts will give you the return you want, the security you need, and a long list of additional benefits.
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$100 minimum balance to open, earn interest, and avoid a monthly service charge |
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Tiered interest rates - balances of $5,000 and over will earn money market yields |
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Interest is compounded daily and credited monthly |
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No minimum balance requirement if under the age of 18 or over 50 |
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Free access to your account through a Spencer ATM |
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Account activity recorded on a convenient monthly statement |
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Earn a competitive interest rate |
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SpencerKids -
2.28%APY* is a big deal for our small customers
SpencerKids is the ideal savings account for minors, providing families with an opportunity to save for a child's future.
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For young savers under 18 years old |
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$1 minimum deposit to open and earn interest |
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No monthly service charge |
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Unlimited deposits and withdrawals |
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Interest is compounded daily and credited quarterly |
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Account activity recorded in a convenient passbook |
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Earn a competitive interest rate |
*SpencerKids is a custodial savings account for children under 18 years of age. $100,000 maximum deposit. Each depositor is insured up to $100,000 by the FDIC. APY is subject to change without notice. $1 minimum deposit required to open account and earn the stated APY. The initial interest rate for the SpencerKids savings account is
2.25%.
Spencer's Traditional Passbook Savings Accounts
Keep track of all your transactions with Spencer's Traditional Passbook Savings Account. Our friendly and knowledgeable staff will update your passbook each time you make a transaction at one of our branches.
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$100 minimum balance to open and earn interest |
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No monthly service charge |
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Interest is compounded daily and credited monthly |
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Account activity recorded in a convenient passbook |
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Earn a competitive interest rate |
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Save for holidays and vacations with Spencer
Your vacations and holidays will be here before you know it. Start saving today, so you are ready for them.
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Spencer Holiday Club Accounts and Spencer Vacation Club Accounts |
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Club accounts are available in weekly payments of $5 or more |
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Make 50 equal payments during the year, and receive a bonus payment at account maturity |
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Payments can be automatically deducted from your Spencer Checking |
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Pick the club that best suits your specific savings goal |
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Equal Housing Lender | Member FDIC | Spencer Savings Bank