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  Important Information
Financial Center Updates & Important Information Read More

As the virus transmission rate continues to increase again in New Jersey, we’d like to inform you that we will be closing our lobbies to the general public effective Monday, December 7, 2020. If you need to conduct business inside one of our financial centers, you will be required to schedule an appointment.  However, we will be operating our drive-up facilities as normal.  Please see our revised hours of operation and financial center contact information. Financial Center Locations

Prior to visiting us, please check our “locations” section on the website for updated financial center accessibility.  We appreciate your patience as we do our part to protect you and our employees from the spread of COVID-19. Financial Center Locations

Learn about all the ways Spencer is creating a safe and secure environment. Read More

We continue to stay committed to you during this difficult period.  View an updated message from our Chairman and CEO. Read More

We're Not Just Lenders, We're Experts

Spencer is Capable, Respected, Experienced

Access large loan amounts, enjoy a better commercial lending experience and secure your ideal property with Spencer Savings Bank.

Permanent Mortgages

  • Loan Amounts Up to $20 Million (Commercial and Multi-Family)
  • Terms Available From 5-10 Years
  • Multi-Family, Medical Office, Industrial, Retail, and Mixed-Use
  • Fast, Local Decisions

 

Recently Closed Transactions
$19,000,000
Two Buildings/8 Tenants
Commercial Mortgage
Clifton, NJ
$3,745,000
Retail Shopping Center
Commercial Mortgage
Amityville, NY
$9,000,000
Retail Shopping Center
Commercial Mortgage
Langhorne, PA
$6,500,000
Industrial/Warehouse/15 Tenants
Commercial Mortgage
Hillburn, NY
$3,000,000
19-Unit Retail/Apartment Building
Commercial Mortgage
Passaic, NJ
$2,500,000
13-Unit Retail/Apartment Building
Construction Loan
Passaic, NJ

 

INQUIRE ONLINE

Personal Loan

Get In Touch Today

Michael Claisse

SVP & Director of CRE Lending 1-201-703-3800 ext. 8344

David DeNooyer

VP & Team Leader 1-201-703-3800 Ext. 8349

*Financing available for properties in NJ, NYC and Eastern PA. Loans subject to credit approval.