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1
Checking & Savings Rates
1
(APY's as of 8/28/08)  
Product
Minimum Deposit to Open Account
Annual Percentage
Yield (APY)
Interest Rate
Spencer Gold
$100
0.75%
0.75%
Spencer Plus
$100
0.75%
0.75%
Spencer Platinum
$2,500 to $9,999
$10,000 to $34,999
$35,000 or more 
0.75%
1.00%
2.02%
0.75%
1.00%
2.00%
Passbook
$100
1.00%
1.00%
SpencerKids Savings
$1
2.28%
2.25%
Statement Savings
$100 to $24,999
$25,000 or more 
1.11%
1.21%
1.10%
1.20%

Premium Savings
$100 to $4,999
$5,000 or more 
1.11%
2.50%
1.10%
2.48%
Premium Money Market
$100 to $9,999
$10,000 or more
1.00%
2.40%
1.00%
2.37%
Minimum opening deposit and minimum balance to earn annual percentage yield. Rates subject to change without notice.
*Third party ATM fee rebates are limited to four transactions per month, and only accounts with an active monthly direct deposit are eligible.

 
1
Standard CD Rates
1
(APY's as of 8/28/08)
Promotional CD rates are available. Please contact us for more information.
Certificate of Deposit (CD) Description
Minimum Deposit to Open Account
Annual Percentage
Yield (APY)
Interest
Rate
91 Day CD
$1,000
1.50%
1.49%
4 Month
$1,000
1.25%
1.24%
6 Month
$1,000
2.60%
2.58%
10 Month
$1,000

    3.50%    

3.50%
12 Month
$1,000
2.85%
2.81%
15 Month
$1,000
3.75%
3.68%
18 Month
$1,000
2.65%
2.62%
20 Month
$1,000
2.70%
2.66%
24 Month
$1,000
2.75%
2.71%

25 Month

$1,000

4.00%

3.93%
30 Month
$1,000
2.80%
2.76%
36 Month
$1,000
2.90%
2.86%

37 Month

$1,000

4.00%

3.93%
48 Month
$1,000
3.00%
2.96%

49 Month

$1,000

4.25%

4.16%
60 Month
$1,000
4.50%
4.40%
CDs with terms of 12 months or longer, interest is compounded daily and credited monthly. CDs with terms less than 12 months, simple interest is paid monthly. Spencer offers the convenience of automatic renewal. Premium Annual Percentage Yield for Spencer Plus and Spencer Gold customers. A penalty may be imposed for premature withdrawal. Rates subject to change without notice.
1
Coverdell Education Savings Account
1
(APY's as of 8/28/08)
  
 
Minimum Deposit to
Open Account
Annual Percentage
Yield (APY )
Interest Rate
18 Month Variable
$50
1.10%
1.09%
20 Month Fixed
$500
2.70%
2.66%
24 Month Fixed
$500
2.75%
2.71%

25 Month Fixed
$500
4.00%
3.93%
36 Month Fixed
$500
2.90%
2.86%
37 Month Fixed
$500
4.00%
3.93%

49 Month Fixed

$500

4.25%

4.16%
60 Month Fixed
$500
4.50%
4.40%
Accounts with terms of 12 months or longer, interest is compounded daily and credited monthly. Accounts with terms less than 12 months, simple interest is paid monthly. Spencer offers the convenience of automatic renewal. Premium Annual Percentage Yield for Spencer Plus and Spencer Gold customers.
personal
IRA Rates (Traditional & Roth)
personal
(APY's as of 8/28/08)
  
IRA Account Description
Minimum Deposit Required to
Open Account
Annual Percentage
Yield (APY )
Interest Rate
12 Months
$500
2.85%
2.81%
*18 Month Variable
$50
1.10%
1.09%
20 Month
$500
2.70%
2.66%
25 Month
$500
4.00%
3.93%
30 Month
$500
4.50%
4.40%
36 Month
$500
2.90%
2.86%

37 Month
$500
4.00%
3.93%

48 Month
$500
3.00%
2.96%
49 Month
$500
4.25%
4.16%
60 Month
$500
4.50%
4.40%
*Rate may change after the account is opened. Minimum deposit required to obtain the annual percentage yield. Interest is compounded daily and credited monthly. Rates subject to change without notice. A penalty may be imposed for premature withdrawal. Promotional CD's not eligible for bonus rates. May not be combined with other promotional offers.

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Equal Housing Lender | Member FDIC | Spencer Savings Bank